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Bullboard - Stock Discussion Forum 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... see more

TSX:DML - Post Discussion

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Post by JYBJYB on Feb 14, 2021 9:01am

Often

I have observed that the share price eventually retraces towards the bought deal price, at least on a temporary basis.
History does rhyme after all.  It would be wise to at least consider Ray Donovan insight.
I'm a newb on this company so take my comment at face value. 
I am keenly aware of the potential for the U market, the massive share dilution that occurred (and Deep Yellow being born as a result).  This will swing wildly in the coming years.
Comment by JYBJYB on Feb 14, 2021 9:11am
My bad. Newb again. Not so keen. paladin
Comment by JYBJYB on Feb 14, 2021 9:14am
Aside from me speaking before thinking,  which happens from  time to time,  I still do stand by the rest of my statement. Yes you may ridicule me now. (I deserve this one)
Comment by MightyMorf on Feb 14, 2021 9:42am
I’m not ridiculing you but what are you trying to say.   Are you saying you think DML sp will retrace under $1?  As Ray has stated.   The sp as of now is not that far off from the bought deal.   This offering may set a new floor of support for the stock.   imo
Comment by JYBJYB on Feb 14, 2021 9:59am
It is hard to bet against a trend of course.  I have potential long term considerations here. I would not be surprised, excluding news, that we could at least revisit the 1.10 region as a level of support and the low base of a flag. So much of this is pure speculation and chart play now that we need to be mindful of who actually drives the price. I am not selling and waiting for a dip but ...more  
Comment by MightyMorf on Feb 14, 2021 10:36am
I eagerly await Tuesday to see what DML opens at.    When the deal was announced last Thursday  the sp was 1.20 and on Monday of last week DML broke above $1.    The deal closes Fri feb 19.     This deal shows that Haywood and Cantor Fitzgerald have confidence in the sp at higher prices. The last few few trades had DML at $1.45 on Friday but, the close was ...more  
Comment by RayDonovan78 on Feb 14, 2021 11:21am
Unit offering closes Feb 19, Private placement closes March 3. Lets see where the shares sit in mid March.
Comment by JYBJYB on Feb 14, 2021 11:33pm
Recently (today) see gamma squeeze attached to Denison on the web.  Perhaps this explains  the call volume you traders are talking about. I am somewhat perplexed as I dont see a large short/float ratio. You pros have some insight?
Comment by Maeny1 on Feb 14, 2021 11:52pm
This stock is going to explode upwards I'm here trying to make you all millionaires and Ray here is a basic accountant who is in way over his head.
Comment by MightyMorf on Feb 15, 2021 9:42am
https://money.tmx.com/en/quote/DNN:US/options
Comment by Born2Struggle2 on Feb 15, 2021 10:51am
THNX again - adding to my favourites and will be paying more attention to options trading going forward. B2S2
Comment by MightyMorf on Feb 15, 2021 11:18am
As will I B2S2,    Thanks for bringing these call options to my attention.   GLTA!   
Comment by Born2Struggle2 on Feb 15, 2021 11:37am
I'm now scraping thru Reddit to see if I can get anything else of value regarding DML specifically and U in general. GL2U - B2S2
Comment by MightyMorf on Feb 15, 2021 12:20pm
PDN closed up 10% in Australia.         #ASX #uranium stocks at the close FYI - US and Canadian exchanges closed on Monday.  ...more  
Comment by MightyMorf on Feb 15, 2021 12:32pm
https://mobile.twitter.com/stokdog
Comment by RayDonovan78 on Feb 15, 2021 4:54pm
Yep, closed up 3 1/2 Cents.
Comment by RayDonovan78 on Feb 15, 2021 9:53am
Thank You for the complement, Yes I go by numbers and facts, not social media noise and hype. Best of luck, hope you make millions $$$$$
Comment by Maeny1 on Feb 15, 2021 3:01pm
You don't go by social media noise and News? Lol you have got to be kidding me. I can tell you are a real numbers guy but it seems like throughout your 150 plus posts you are wrong 90 percent of the time Ray. An accountant that flunked out of accounting
Comment by RayDonovan78 on Feb 15, 2021 4:47pm
You must have a lot of time on your hands to read 150 of my posts but must not read well because very rarely do I make predictions. I made a prediction here on the DML board because I have played the swings on DML multiple times over the last 10 years. If I am wrong this time so be it as I have netted over 80K playing the swings and I still hold a 1/4 position, so if it goes to $15 AS YOU ...more  
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