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Gold/Mining/Energy : denison mines

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To: coach137 who wrote (21)	2/12/1997 12:20:00 PM
From: GR	of 301

They will probably be releasing earnings statement in middle march.I am a full time investor.I am considering buying a 10 million share block for long term appreciation.For all people reading this be advised I do not have time to respond to e mails.The basic question's are 1)are there non apparent substantial resons buying is exceeding selling? Obviously this is a value play.Staff has been cut from thousands to believe it or not-25 people.The entire Elliot lake homes in the area have been sold off,cleaned up.AEC will hopefully ok what's been done.Relative to other Uranium players this company is undervalued. The russians sometimes play havok with uranium prices,i.e. try to flood the market etc.uranium price appreciation is important,as it can drive this stock to unheard of levels.At this point of my research I am concluding that the downside is obviously limited.I will make my decision in the next 14 day period as to my investment plans.Anyone with a fresh view on uranium pricing should post.My gut feeling is at this point that $1.00 is possible within a 6 month period.

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