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Re: ernie44 post# 844

Wednesday, 05/10/2017 1:15:25 PM

Wednesday, May 10, 2017 1:15:25 PM

Post# of 1121
Denison Mines runs the spot market for uranium.

So, I would assume they also have some control over the Futures market.

I managed to make some money here for several years with several flips. I became very nervous when they started diluting. I sold out my DNN months ago when it spiked above .70

I bought LightBridge (LTBR). They have a new world-wide patented design for nuclear fuel rods that are supposed to generate 30% more energy, burn cooler, longer and cleaner. The product is far safer than the current design of fuel rods. And the reactor can run much longer before it has to be re-fueled. That generates more profit and is Extremely beneficial to the energy producers. This is Disruptive Technology and it is just about to arrive.

The reason I mention this here is because, the long-term prognosis for uranium yellow cake is flat to down. I believe there is going to be a major shakeout among uranium mining companies. And I think Denison Mines is vulnerable because of their debt and stock structure. Whereas the future for Nuclear Energy production is looking much better, because of companies like LightBridge. Do some Due Diligence on LTBR and I think you will get excited.

Good Luck.
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