Seeking Alpha

2 Cents » Comments |

Sort by:
Latest | Highest rated
  • A Nuclear Growth Opportunity with Denison Mines  [View article]
    To clarify, the mine did not "flood" again. The leak wasn't sealed like they thought it was. They started pumping the water down and noticed an inflow. The mine wasn't pumped dry and I am pretty sure they didn't even reach minning level in the shaft before they noticed the inflow and stopped pumping.

    If all else fails they can freeze the ground before they cut the drifts in the minning level. It would be expensive as hell, but at the high grades and high uranium prices it would likely still be very profitable.


    On Sep 11 11:06 AM legmaker wrote:

    > The flooding at Cigar Lake seems to benefit all uranium companies
    > as it will help to keep the price of uranium high. I like CCJ at
    > these prices, but DNN seems to be a much better play. Thank you for
    > your comments.
    Sep 11 17:27 pm |Rating: 0 0 |Link to Comment
Comments by Ticker
2 Cents'
Comments Stats
1 comment
Rating: 0 (0 - 0 )