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Gold/Mining/Energy : denison mines
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To: JohnL who wrote (181)8/16/1998 9:40:00 PM
From: Lalit Jain   of 301
 
John,

Do not know the economics of the McCLean mine. Cogema is the majority owner. I suspect the financials of the mine are closely guarded, at least for now.

This development is very positive because it will provide Denison with a steady cash flow, and hopefully a good return in the $40M or so of investment in the mine. If the offshore Greece wells come in as economical, then this stock could do very well. Just my opinion.

Regards, Lalit Jain
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