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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 GSTbay1060on Aug 06, 2022 2:45pm
358 Views
Post# 34876484

Are UEC vs DML going to play Monopoly?

Are UEC vs DML going to play Monopoly?

I don't think we will see another bid from DML for UEX.. My thought is that the big reason DML would want UEX is for the last piece of Wheeler River.. So maybe behind the scene someone called somebody and made an agreement.. You give me the last 5% of wheeler and I will give you something from my portion of the JCU deal... Now UEC knows they badly want the last 5% so UEC can get more value by holding firm.. To me it does seem like Amir is a shrewd negotiator... So with no money changing hands, therefore no dilution to either company a deal is done... By DML letting everyone know that they badly want the last 5% they are negotiating from a place of weakness.. UEC should take advantage and get a premium trade offer for their shareholders...


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