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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
Post by rahaon Sep 14, 2003 1:47pm
309 Views
Post# 6415744

New Here

New HereI have never posted on this particular board before but since I have owned shares since the big Voisey staking rush I feel justified in stating my thoughts on the issue.First of all,there is no doubt that drilling has commenced and the 1st hole should be at approx.500-600 ft. Since the structure dips from west to east,this 1st hole is testing the lower end and subsequent holes will move up to the NAI/DML border. Falconbridge has decided that this is the "premier" target area for SVB, at least for this year. I am sure if they find something of value they will expand their drilling beyond the 3 holes. At any rate, I dont believe that Falconbridge/DML are merely looking for some market action, but really would like to see a Diamond Fields repeat! I do agree that there will undoubtedly be volatility in the share price as investors (including day traders)buy,sell,short etc. as rumours spread, whether true or not! This is, and always has been, the nature of junior mining! Expect it! Live with it!
Bullboard Posts