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Bullboard - Stock Discussion Forum Denison Mines Corp T.DML

Alternate Symbol(s):  DNN

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

TSX:DML - Post Discussion

Denison Mines Corp > Bear
View:
Post by Dreaminthedream on Nov 21, 2021 7:40pm

Bear

In less than 2 weeks, the U market has gone from being somewhat bullish to being seriously bearish.  It appears that investors believe there is a lot more Uranium out there than is generally realized. Therefore Sprott has no trouble in buying up physical uranium whenever it feels like it. I doubt if utilities are shaking in their boots.
Comment by MaxMach on Nov 22, 2021 12:12pm
It seems like that's the case. The surprise of Sputt shot the spot to the upside but it may have been overdone. Likely some consolidation in the Sept to Oct support before we move higher. 
Comment by MaxMach on Nov 23, 2021 9:36am
Nevermind.  Clearly, that was the bottom. Apparently, long term contracts are being signed due to the move in the spot price. Huge volume today. 
Comment by MightyMorf on Nov 23, 2021 12:18pm
No point in responding to that Dreamin guy.   He has been totally wrong.   Caught on his shorts I bet.
Denison Mines Corp