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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@Excelsior$DML$DNN Denison Reports Q1 2017 Results Including Highlights From Successful Winter 2017 #Exploration Programs
> "On February 13, 2017, Denison closed the #TollMilling Transaction under which Denison received an upfront payment of $32,860,000 (CAD$43,500,000), in exchange for its right to receive future toll milling cash receipts from the MLJV under the current toll milling agreement with the Cigar Lake Joint Venture from July 1, 2016 onwards. The upfront payment has been accounted for as deferred revenue." $CCO$CCJ$ARVCF
> "Revenue from #DES (Denison Environmental Services) during Q1 2017 was $1,496,000, while revenue from the Company's management contract with UPC was $307,000."
> Other Income - During Q1 2017, the Company recognized gains of $3,508,000 in other income. The gains in the current period were predominantly due to gains on investments carried at fair value, of $2,938,000, driven by favourable mark-to-market adjustments on the Company's investments in $GXU GoviEx Uranium Inc. and $SYH Skyharbour Resources Ltd.
* Q1 2017 PERFORMANCE HIGHLIGHTS
-- Extended high-grade mineralization within the Gryphon D series of lenses at Wheeler River
-- Continued infill #drilling, to increase the confidence of current resources estimated for the Gryphon deposit, returned confirmatory high-grade and thick intersections
-- Executed Agreement to Increase Ownership of Wheeler River Project Up to 66%
-- Closed non-dilutive financing for gross proceeds of CAD$43.5 million, providing financial flexibility to fund future project development activities
-- Obtained financing for the Company's 2018 Canadian exploration activities
-- Exploration Drilling Outside of the Gryphon Resource
--Evaluation Program / #PFS Activities #Uranium#Development#AthabascaBasinhttp://denisonmines.mwnewsroom.com/press-releases/denison-reports-q1-2017-results-including-highlights-from-successful-winter-2017-tsx-dml-201705021093480001
@Excelsior@MiningBookGuy - I believe anyone listening to Palisade could have gone as Collin talked about that Palisade Hard Asset Conference a few times leading up to it. Jeff Berwick hosted it with him, and Bix Weir was there, and David Cates from $DNN$DML Denison was the Keynote, and George Glassier from $WUC was there. You just had to fly down to
Here's the next one with a lineup of speakers. I didn't see @MiningBookGuy on the roster (YET):
* This Bix Weir #VIDEO was my favorite from the conference as it was right as he arrived, and he just makes me laugh. They'd be a fun crew to throw down with.
Bix Weir LIVE From Anarchapulco!
RoadtoRoota Feb 23, 2017
"Bitcoin is on a roll with little resistance until around $1,400 so load up!! I'm down in Southern Mexico after Amy & I endured many hardships getting down to the Anarchapulco Conference but we make it! Resting up tonight for a big day tomorrow with lots of great speakers and what's sure to be a memorable party afterwards."
@MiningBookGuy - Correction:
** I remembered this audio from David Cates coming out around the same time, but now realize that Collin's event may have been a few days before Anarchapulco. That event above was Feb 25-28th, but this audio is from Feb 22nd. (listen to the 27 mins and 43 sec mark at the end of this video and you'll hear this the smaller conference that was in Belize - Palisade Hard Asset Conference)
--- I apologize for mixing the 2 conferences up above, but they were back to back.
David Cates: Welcome to The Uranium Supercycle
BY COLLIN KETTELL ON FEBRUARY 22, 2017
@Excelsior@MiningBookGuy - Here was that event for the Palisade Real Asset event: (for clarity)
Feb 15-19, 2017 in Belize [to attend you needed to be accredited and vetted]
"As many Investors already know Hard Assets and Real Estate are the two single best ways to protect and grow your wealth…
That is why Palisade Global Investments is teaming up with The Real Asset Investor team and one of the largest Real Estate Developers on the Island of Ambergris Caye Belize to throw an amazing 4 day event in Ambergris Caye, ranked #1 Island in the World by Trip Advisor!
We are gathering an exclusive group of 25 individuals to meet on the island of Ambergris Caye, Belize.
Network with like minded individuals, learn new ideas from experts on how to grow and preserve your wealth, all while staying at Ambergris Caye Belize’s newest resort Mahogany Bay Village, Curio Collection by Hilton, not even open to the public yet!
*This was the event with David Cates from $DNN$DML and George Glasier from $WUC at it and where he did those Feb audio interviews afterwards. Matt Geiger was also at that event as a speaker, and we had all discussed his #PalisadeRadio interview a few times after that.
@Excelsior$DNN$DML Denison Reports Assays Increase Grades by 45% and Deliver Most Meaningful Gryphon D-Lens Result to Date at Wheeler River
(Marketwired - May 26, 2017) #Uranium#DrillPlays#Exploration#AthabascaBasin
Nine holes totalling 6,330 metres were completed outside of the current inferred resources estimated for the Gryphon deposit, including four holes targeting the Gryphon D series lenses, and five holes down-dip of the A and B series lenses. The highlights from these results illustrate the potential for meaningful ~ResourceExpansion at Gryphon:
3.3% U3O8 over 13.5 m (including 11.8% U3O8 over 3.5 m) D series mineralization in WR-633D3
6.2% U3O8 over 2.5 m D series mineralization in WR-633D3
1.3% U3O8 over 3.0 m (including 3.8% U3O8 over 1.0 m) D series mineralization in WR-633D3
2.9% U3O8 over 3.0 m (including 8.5% U3O8 over 1.0 m) B series mineralization in WR-689
8.6% U3O8 over 1.0 m D series mineralization in WR-689
15.1% U3O8 over 1.0 m D series mineralization in WR-689 Dale Verran,
> Denison's Vice President of Exploration, commented, "This set of Gryphon assay results have exceeded expectations - particularly for drill hole WR-633D3, which now ranks as the best hole to date in the D series of lenses. These results re-emphasize the potential of the D series lenses to add meaningful resources to the Gryphon deposit, ahead of a planned update to the resource estimate for the project. This summer, in addition to the ongoing infill #drilling at Gryphon, we are planning to continue to explore the D lenses with the objective of defining high-grade zones and maximizing the indicated resources that will be included in the upcoming #PFS."
@tcuOther than the obvious front runners being $NXE, $DML I would suggest looking at $SYH, and $EFR. $SYH has similar upside to $GXU (maybe a little less) also $API makes my list of massive potential based on management, assets and geologist alone. Great story. Could be a home run. Now $GXU and $NXE are by far my front runners
@tcuit is relevant to $NXE, $CCO, $DML and all others as its a URANIUM related video. dont get your panties in a bunch lades. Someone just posted a huge blurb specifically about API .. you ladies gonna jump all over him too!!!!
@tcuI will continue to add to $Gxu as my core U holding and $DML is very attractive around the 50 cent range as multi year low. I am still banking on the kazaks to turn the U market around with a little help from cameco. This cannot go on. I bet the likes of RR, and co will be adding all summer to their U positions expecting a pop in late 2017/early 2018
@thehackLatest US sanctions against Russia are targeting energy, specifically oil and gas. Would be good to see Trump include uranium. I'd suggest anyone interested in seeing the U market come to life, get on twitter and ask the don why the US imports $6.5 billion worth of U from Russian controlled sources! $dml$efr$uec$ure$nxe$fcu
@teevee@barracuda$DML according to Cates: "Any price under twenty is completely irrational since the best mine in the world is not economically viable at that level." He better wake up and smell the coffee because the Kazak's have a cash cost of $9/lb.
@FundamentalAnalysis@barracuda Agree, I would expect those in the industry to know the real ins and outs of the macro environment within their industry that goes beyond just their business. There are pages of industry related research around surrounding Uranium...(given their pay package they should know exactly what is going on, I always feel they are behind the curve and tell me what I already know. I was speaking to one of the $FCU representatives, early last year, I was asking him about secondary supplies/underfeeding etc.... he basically dodged the question/and cut conversation short and turned to other participants for questions I suspect because a) he didn't know much and b) what he did know wasn't good and probably didn't want to scare away the other participants who were listening to his bull. #mbgtrends$DML
@Excelsior@FundamentalAnalysis - I've followed $DNN$DML Denison since 2010, and there are few companies that are as connected in the #Uranium space.
I can't speak to the competencies of one $FCU rep at a show, but their management team has made a number of blunders, (one of which was how they gave the Denison merger the cold shoulder, because they thought they were all that....) then screwed up their ownership bringing in an Asian consortium and just jacked everything up. $NXE has far surpassed them as the go to #Exploration play in the #AthabascaBasin and $FCU has been in their shadow, and mired with water issues and a less interest ever since.
As for the FX affects on commodities - we are in complete agreement there. There does seem to be rising costs in many miners recently, so that could indeed squeeze margins even further. Cheers!
@tcuwatched the palisades video. not much to it. just a quick comment on the South Korea situation. Although RR is a trustworthy individual, you cant help but wonder what his own/sprotts motives moving forward. They could be reinforcing the bearish sentiment narrative during summer / fall months to capitalize on cheap stocks like $NXE$SYH$GXU$DML$UEX$EFR$UEC or he could simply be telling the truth. i believe that this does not help sentiment, but i prefer looking at technicals and supply demand down the road to CHANGE sentiment rather than rely on sentiment alone. sentiment can be changed in a heartbeat. all it takes is a few headlines and U sentiment swings and everyone pills in. we should be running out of sellers soon. Prices are already near Oct lows of 2016, so its buying time IMO. Long term the south korea changes does not affect my sentiment moving into the next 2-5 years. no one makes money, the population is growing and renewables are not capable of producing base load power. nuclear is cheap to run, (expensive to build but small modular units could help that) they are clean, and efficient. with a massive amount of EV cars in the future adding to the base load requirements, we've got to get the power from somewhere down the line. i think in a few more months when U buyers who are sitting on the sidelines are forced in, we see another run in U spot. latest tradetech data showed that buying over 20$ is non-existant until it is, then everyone rushes in. happened in dec 2016 and i believe it will happen again in late 2017. just a matter of time
@tcu@thehack why would you suggest that now is the right time as oppose to last year in Nov? some people including myself realized some very nice gains on the likes of $GXU, $NXE, $EFR, $URRE, $DML, $UEX, $MGA, etc. May not have been the ultimate break out, but surely made some of us alot of money in a few months regardless in #URANIUM space