Churchwork
10-30-2008, 02:28 PM
Denison Mines chart (http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca%3ADML&sid=0&o_symb=ca%3ADML&freq=2&time=20). I expect this stock to go up from 1.19 to 6.50 within 24 months.
Why? Because we are still in a commodities boom. And because the price to book on this stock is 0.3 with a PE ratio of only 4x.
It doesn't get cheaper than that. This is the second largest uranium producer in Canada, and Canada is the largest producer of uranium in the world with 25% of the world's production.
Denison is looking for opportunities in Australia as well.
Why? Because we are still in a commodities boom. And because the price to book on this stock is 0.3 with a PE ratio of only 4x.
It doesn't get cheaper than that. This is the second largest uranium producer in Canada, and Canada is the largest producer of uranium in the world with 25% of the world's production.
Denison is looking for opportunities in Australia as well.