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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

Post by mangoeon Jun 15, 2021 8:28am
267 Views
Post# 33387109

I am not that GREEDY

I am not that GREEDYSplit the property is not a bad deal, DML does not want a bidding war with so many shares outstanding, and UEX do want a bidding war either.

Most of these companies board of directors know each other, they also use the same law firm to write these cooperate deal contract.

That $30 million liability they can split it between UEX and DML.

I saw somebody mentioned that on John Quakes Twitter page about UEX and DML getting togather , so some news leaked out, that is why both stocks where all going up over the past few days.
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