Denison Mines Corp T.DML

Alternate Symbol(s): DNN

Energy

Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22.5% ownership interest in the McClean Lake joint venture (MLJV), which includes several uranium deposits and the McClean Lake uranium mill. It also holds a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.41% interest in the Tthe Heldeth Tue (THT) and Huskie deposits on the Waterbury Lake property. The Company, through JCU (Canada) Exploration Company, Limited, holds indirect interests in the Millennium project, the Kiggavik project, and the Christie Lake project. It also offers environmental services. The Company also uses MaxPERF drilling tool technology and systems.

TSX:DML - Post by User

Denison Mines Corp

Bullboard Posts

Comment by Blazesbon Jan 19, 2017 12:41am

272 Views

Post# 25726410

RE:Completely irrational!!

shootforgold wrote: The entire sector has been thrown in the trash with the problems at Cameco - a complete and total over reaction. Uranium prices have bottomed and are headed higher and so is DML. Today's selloff is a buying opportunity.

Agree with you that uranium has bottomed. Not sure about the buying opportunity. I see the recent runup very much as a false breakout unsupported by underlying fundamentals. I think it's likely we test the lows again.

It was nice to see kazachstan cut production by 10%. That's bullish. Not so bullish to see Cameco batten down the hatches. I hope I'm wrong by the way.

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