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Gold/Mining/Energy : denison mines

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To: Lalit Jain who wrote (86)6/29/1997 10:48:00 AM
From: Lalit Jain   of 301
 
Talked with Denison IR.

The average grade at the McClean deposit is 2.9% (63 lbs/ton) &
the average grade at the Midwest deposit is 4.5% (100 lbs/ton)
Not bad.

The McClean project is on schedule to start production in Sept/Oct.

The Toronto Star Sunday, Jun29/97 edition - Business section:
Jade Hemeon's mutual fund column indicates David Taylor, manager of Altamira Recovery Fund likes low P/E stocks. Among the low P/E stocks that he holds, Denison Mines is one of them.

Regards, Lalit Jain
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