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Denison Mines Corp T.DML

Alternate Symbol(s):  DNN

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

Bullboard Posts
Comment by ShakeUpTheBoardon Sep 17, 2020 12:32am
272 Views
Post# 31572685

RE:DML: One of the key advantages is the company's ZERO Debt

RE:DML: One of the key advantages is the company's ZERO Debt A public company which has little or no debt may be attractive if they are able to fund their operations from stable or growing income.  However, the reason this company has little to no debt is because they are constantly diluting their existing shareholders with share issuances.  Owning one of 30 million shares of a company, although a small percentage ownership, will at least increase in value by $1.00 a share for every $30 million increase in company value.  Owning one of 600 million outstanding shares of a company will only increase $0.05 a share for every $30 million increase in company value.

When will the banks and investors realize to cut their losses on this company and invest in a company that has actual growth prospects with a knowledgeable management team.


Bullboard Posts