denison mines Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : denison mines

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lalit Jain who wrote (82)	6/9/1997 12:18:00 AM
From: marcos	of 301

Lalit, did you catch the bit about DEN in Saturday's Globe?...It's under that "At your own risk" column.....quotes Ben Stadelmann of the Contra the Heard newsletter as recommending Denison since its turnaround seems more certain as events unfold.......Get this, he has an "initial sell target" (meaning his point to sell half of position) of 1.45.......There are some qualifiers in the closing quotation.."If this mine goes into production at the end of the year and the price of uranium is strong, then they have a very good chance to crawl their way out of the hole."...."this mine" being McLean Lake of course...He's a bright guy to put the "if"s in there, but imho, DEN is less and less iffy as time goes on...... Are you within a local phone call of the office, Lalit?...I'm curious about progress at McLean Lake......it was on schedule and on budget last we heard about a month ago....... BTW, that 4 dollar/barrel purchase of oil rights in my last post?...That should be 4 dollars per barrel of annual production over a field life of 20+ years.....I just read the post again and it wasn't clear.......Cheers........

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next