Hap (Robert) Sneddon FCSIDenison Mines CorpDML.TOCOMMENTApr 07, 2014

He bought this three years ago when investors hated uranium, but he has since made his money back. DML is trying proven recovery methods but at a deeper depth that could work. If it does, shares go higher, but fears this method could be challenging on a commercial scale. Swo, he feels of two minds about DML.  DML is the most important junior in the Athabasca basin. Their edge is operating a permitted mill there. 

Unique because using in situ recovery methods for uranium using chemicals and water. Technology is well proven globally, and really brings down the capital and operating costs. Very strong economics. Newest project is almost fully financed. Prime takeout candidate. No dividend.

Small-cap Canadian name in uranium. Risk is that they're trying technology in a way that hasn't been tried before. If it works, they'll do extremely well; if not, they'll have challenges. Bull market for uranium. Expects it to do well for a year. He's long this name.

Beyond a 2017 spike, it's been range-bound. Wouldn't buy it. Sell.

Uranium developer. Companies don’t make money at these prices for Uranium. They should go up, but demand is weak. It is not the best environment to invest in a junior at this time.

If you're patient, this is worth owning. Quality CEO and has strong financial backing in association with Lundin Mining. But you must endure a lot of volatility.

His play in uranium is GBP (?), which has done very well. They do training for nuclear reactors as well as other areas, and it still has a lot of upside. The view on uranium is so mixed.

In January, uranium spot price was getting close and looked like it might hit $30. Since then, it collapsed to about $20, and the stock is down by about 45%. If you believe in uranium, this is a good entry point. He still thinks there is a lot of uranium stockpile out there.

They have not made much money since 2003. Don’t buy unless you are a really big uranium bull.

There are only two ways to play uranium: DML-T and UU-T. Uranium just needs to tip up and then away they will go. CCO-T has real operating numbers, but they are really bad.