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

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TSX:DML - Post Discussion

Denison Mines Corp > CONSOLIDATION ?

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Post by Born2Struggle2 on Jul 30, 2022 5:18pm

CONSOLIDATION ?

Gives management the opportunity to re-org and do a 10:1 reverse stock spllit / stock consolidation. All in all things are likely to work out for the better though.

GL2A

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Comment by Uraniuman308 on Jul 30, 2022 5:29pm

reverse splits very seldom benefit existing shareholders as they give the green light to management for further dilution through equity raises. Management doesn't lose a beat as they just issue more options while rewarding themselves with ridiculous compensation. Ask yourself, how many consolidations has DML done? JMO

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Comment by Born2Struggle2 on Jul 30, 2022 11:09pm

Yes it is pretty much a fact that consolidations result in a couple of years of grief for us shareholders. Only one that worked out for the better for me was EFR - when DML spun out EFR. EFR pretty much immediately consolidated and if I recall correctly it was a 50:1. I did get out with a gain after that one, prices actually rose a bit after the split and then dropped along with the U spot - etc. ...more

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