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Gold/Mining/Energy : Denison Mines Limited t.DEN

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To: Apex who wrote (5)12/11/2000 9:32:26 PM
From: Chris K.  Read Replies (1) of 7
 
Hi thread,

I was wondering if anyone can shed some light into why Denison isn't increasing in share value. It has been less than the 10¢ mark for a while when at the same time, the company keeps on releasing POSITIVE net earnings...

1999 NET EARNINGS were in the order of $12.3 million
denisonmines.com

1st quarter of 2000 saw net earnings of $1.2 million
denisonmines.com

2nd quarter of 2000 gave us a small POSITIVE earning of $388,000:
denisonmines.com

3rd quarter of 2000, net earnings of $1.64 million
denisonmines.com

...
I see a P/E ratio of 8.0:
profiles.wisi.com

ALL THIS and we are still trading under 10¢ ??

Someone has to clear this up for me..
I am so tempted to buy more but I am afraid this simply looks too good to be true.
Any comments?

Thx.
CK.
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