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Gold/Mining/Energy : DENISON MINES CORP. -

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To: hugh thorne who wrote (12)5/30/2009 8:30:31 AM
From: hugh thorne   of 13
 
found this on Stockhouse - a TD recommendation i guess.

on May 1st they issued double bottom target price for DML of $3.70 - $4.00 It was trading at $2.38 that day.

now that was before the $2.05 bought deal so the dip in between is logical.

before people jump on this listen to their other targets:

1) - Sept 19, 2008 - it was trading at $4.18 and they targeted $.80 - $1.40: their low was so close!
2) - Feb 25 2009 - it was trading at $1.38 and they targeted $2.30 - $2.50: again this was so close and the market beat their number.

so in that context they look good.

RBC came out at $1.80 though - they do not like that DML do not control the mine decisions in Canada or the US. as well, their tack record for the last 9 months isn't as good as TD.
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