NYSEAM:UEC - Post by User
Comment by
BruceANOon May 19, 2023 12:47pm
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Post# 35456717
RE:DML
RE:DMLI was tempted to sell the UEC and buy DML after my UEX stocks were absorbed by UEC. They are extremely similar companies in terms of market cap and outlook. The mining method Denison has chosen for their Wheeler project has me worried just because Cameco does not mine that way and I regard them as the ultimate expert in mining the types of ore bodies found in the Athabaskan basin.Kazatomprom mines using the leachate method but their ore concentration is much lower. On the plus side it is better for the environment but leaves more ore in the ground then more conventional mining methods. The other factor about UEC is the analysts say it has about a 180% upside where DML has about a 80% upside. This does not include Troyhorses prediction of 1.99. For the moment I will stick with UEC and hope Troyhorse is wrong.