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Gold/Mining/Energy : denison mines

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To: Stephen O who wrote (272)4/14/2002 11:00:23 AM
From: Chris K.   of 301
 
Thanks for that little analysis. I saw the results but didn't know quite what to make of them. Very encouraging news. I really think the r/s will do good for the company. It usually doesn't but there have been the cases where the company is fundamentally strong and will start making significant revenues where the price has risen after a r/s rather than fallen. Hopefully, DEN will start making a nice cash flow so they won't have to dilute the stock by financing. Institutional buying will also occur (if it hasn't already) since DEN won't be a penny stock anymore.

The question is at what price will DEN be before the r/s!

25c? maybe but it can also go higher since I see sellers trying to dry up (then again, I don't know what kind of sellers we'll get at 25c+

Cheers,
Chris K.
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