Bullboard - Stock Discussion Forum Denison Mines Corp DNN

Primary Symbol: T.DML

Energy

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... see more

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Denison Mines Corp > Are UEC vs DML going to play Monopoly?

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Post by GSTbay1060 on Aug 06, 2022 2:45pm

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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