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Denison Mines Corp. (DML.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.8900-0.0200 (-2.20%)
At close: 3:59PM EST
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  • N
    Napalm
    Denison mines, Uranium developer in the Athabasca Basin

    Wheeler River project (90% ownership), Phoenix deposit: all-in-cost: 11,57$/lb U3O8 (ISR method), average cash operation cost: 4,33$/lb U3O8 (estimated first production in 2024)

    Wheeler River project, Gryphon deposit: all-in-cost: 29,67$/lb U3O8 (ISR method), average cash operation cost: 15,21$/lb U3O8

    https://www.denisonmines.com/projects/core-projects/wheeler-river-project/

    Waterbury Lake project, J Zone deposit: all-in-cost: 24,93$/lb U3O8 (ISR method), average cash operation cost: 12,23$/lb U3O8

    https://www.denisonmines.com/news/denison-reports-results-from-waterbury-pea-includ-122716/

    Today the spotprice of uranium is around 30$/lb!

    Phoenix ramp up planned in 2024, Gryphon ramp up planned in 2030

    They are making significant progress on their Phoenix project --> On 9 November 2020 they decided to resume the Environmental Assessment process for Wheeler River

    And they are not in the need for additional cash in the coming months, because:
    ⁃ they already did 2 small capital raises in 2020;
    ⁃ they have cashinflow from the McClean Lake Mill (22,50% ownership) and their managment services to Uranium Participation

    The timing is perfect if you look at the macro fundamentals from now till 2025

    Other interesting uranium developers for different reasons are: FCU.TO, Goviex Uranium, Global Atomic, Forsys Metals, UEX Corp, ...
  • J
    James
    .80 cents appears to be the hurdle DNN needs to clear. Thought it would be $1.00 but clearly it has met resistance around the .80 mark. I’m long for 5-7 years on this one. Everyone just needs to be patient and it will start trending up again...... cheers!
  • T
    T.I
    Getting hot in here, in average every 9 to 10 days is new high, maybe a $1 by tomorrow what do you think?
  • T
    T.I
    Chart is been going up for past 3 months, Looking good to buy now
  • J
    James
    If DNN breaks through $1.00 before the end of January I don’t see anything stopping it from getting to $2.00 before Q4. And that’s being conservative IMO.....
  • G
    Georgi
    Buy the dip🤩 this beauty will bring so much fun with the upcoming zero carbon uranium bull market! Good luck everyone
  • J
    James
    No worries. Day traders are taking their week of profits. There’s going to be a lot of these “Friday pullbacks” over the next 3-5 years as DNN continues a steady upward trend.
  • J
    James
    Omnibus Bill that just got signed has opened the door for the US to begin building up uranium reserves and can not purchase from China and Russian held mines. Big boost for DNN’s future growth and outlook!!
  • T
    ToykoJoe
    Wouldn’t it be nice if this is our new bottom. 😀. I’ve been for 8 years now but haven’t purchased any in the last 8 months. I feel good about this year even though we are a few years late on moving up. It looks good from here.
  • P
    Phil
    Does this pullback? Looking to take a heavy position in here and Cameco. Anyone have any thoughts on the mild insider selling? Also there is a gap in the 3 month chart at 0.60 if I’m not mistaken.
  • S
    Scott
    New 52 week high AND broke through resistance !!!!! Lets fly !!!
  • J
    James
    I’m going to start calling Friday’s PBF! Pull Back Friday...... The golfing contingency out there uses PBF for something else.
  • C
    Cyriel
    What is the meaning of Waterbury they just mentioned. Is this reopening of an old mining? Sorry I am new here, buying shares but I like to know the situation of DNN. I trust it that's why I am buying.
  • J
    Jerry
    $3.50 before this Summer !
  • J
    James
    Wet bullish on DNN. Could be a pull back to end out the year but no one should fret it. This should be a steady climb over the next 5-8 years.
  • p
    peeweeT
    Is 96 cents the top?
  • N
    Napalm
    The uranium market is like a spectator sport where you all sit in a stadium and watch a car go around the track and bet on when the car will run out of fuel.

    It is not a debate IF the car will run out of fuel its simply a matter of WHEN.

    The more laps (time) go by, the higher the odds.

    $DNN $CCJ $NXE $UUUU $URG
  • B
    Bones Cache
    Lonely and not loved on this small purchase. Will there be retaliation from Canada over the XL pipeline?
  • T
    ToykoJoe
    What we see is the steam coming from the volcano before it eventually erupts. This is evidence the stock is alive but just waiting on the right things to fall into place. I have always said it’s when not if. Stay long and we will all be rewarded.
  • s
    shawn
    Insider buy yesterday. This isn’t going away. I’m buying more.