I have been in Denison mines for years and saw this morning as a buying opportunity..

I sold DML a few years ago at over $12.00 and expect to make money at these prices..

This came out on the `19 Jan..and there was no reaction..but that is a lot of U3O8..
And DML has 60% Cameco 30% so you can bet it will be mined..


Denison Announces Expansion of Phoenix High-Grade Uranium Discovery on the Wheeler River Property in Saskatchewan

TORONTO, ONTARIO--(Marketwire - Jan. 19, 2010) - Denison Mines Corp. (TSX:DML)(NYSE Amex:DNN) ("Denison" or the "Company") is pleased to report that high-grade uranium mineralization continues to be encountered on the Phoenix discovery on the Wheeler River Property located in the Athabasca Basin of northern Saskatchewan. The best intersections of the fall 2009 drill program were 32.80% eU3O8, 16.80% U3O8, 12.74% U3O8 and 8.02% U3O8 over 7.6, 9.0, 3.0 and 5.0 metres in holes WR-287, 286, 291A and 290 respectively. In 2010 a CDN$6.0 million drill program will be carried out, beginning in January, to continue the delineation of this exciting new discovery.

And Lukas Lundin(Of the LUNDIN mining family..Sweden)just took over as Chairman..

Follow the money..

Portee

Now trading at $1.37....DML..

DENISON NR's..

http://www.marketwire.com/mw/search.do