RE:Denison Mines takeout possibility?First no one in this sector is buying anyone, Cameco is healthy but still. Holding on by its finger tips. They also have 3 world class mines built with 2 of them shut waiting for recovery in the market. In this sector right now there are fire sales everywhere with companies dropping like flies. Denison would have to basically give away any premium if they were to sell and no one is buying anything. There is a 5 year lag in this market which means companies are buying now for fuel to be used in 2023 and beyond. China apparently has a 10 year or more stockpile already in place and Japan is floating in the stuff so we wait for more reactors to go on line to burn off the surplus. All the while long term contracts for the rest of the world are expiring or already have and this should help start momentum in the spot price as less uranium is being mine and demand in these countries starts to grow. Hoping to see a break out soon in the price but I'm doubtful of any buy outs.
thats my take on it anyway.