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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

Comment by ShakeUpTheBoardon Feb 14, 2021 12:09pm
138 Views
Post# 32564731

RE:RE:RE:RE:RE:RE:RE:RE:Decided to join?

RE:RE:RE:RE:RE:RE:RE:RE:Decided to join?

Good analysis RayD.  Highlights the important items from the press release. 

For the shareholders, in the coming months (April/May) you will receive the annual package with the proxy circular which will enable you to vote for certain resolutions.  Take a look at the board of director list and both the director and executive compensation.  Think through what the directors and executives have really done for you to deserve their individual >$500,000 compensation.  

Peel back the onion and you will see that the directors and executives haven't really done anything to add value to Denison as a company.  They are just waiting around, giving themselves stock options and hoping that the uranium spot price will increase (which they have no control over) so that Denison's stock price will also increase without having to do any real work.

Truly question whether spending >$7,000,000 on G&A a year (with >$3,000,000 on compensation to key executives) is actually a worthwhile investment.
 

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