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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Purchased Denison Mines about 10 years ago @ $3.62 and have been hopefully awaiting the return of uranium prices since. The stock price was up about 12% today to $.91 after being into the low teens earlier this year.
Would you take the money and invest in something with more potential or
continue to wait for further positive moves in uranium?
My financial consultant suggested the purchase of BMO Auto-Callable
Notes for my RIFF and after a brief review I ok'd the purchase. Subsequently I read an article totally against such an investment. Definitely to late to cancel without substantial costs. However, what are your thoughts on this particular type of investment ( possibly your answer would be of interest to my fellow subscribers)! I should add that I am in my early 80's and have requested minimum risk investment for my riff.
Read Answer Asked by ed on December 30, 2020
Q: Can you tell me about the financial condition of Denison? Can it continue as a going concern? It its September 2019 report, it stated that it "does not have sufficient liquidity to meet all its obligations over the next 12 months". I note its revenues for the last 12 months was only about $14 M. They have raised a bit of money with some financings. How long do you think the company can last? I wanted to invest in a uranium company, anticipating higher future prices in the next 2-3 years when the cycle (hopefully)turns. I thought Denison was reasonably safe, but maybe not. Would you be a buyer here? Thanks.
Read Answer Asked by Donald on January 08, 2020
Q: Good morning, I am considering entering the uranium space with the following stock: U (Uranium Participation), CCO (Cameco), DML (Dennison) FCU (Fission) and LAM (Larimide)
Please review and send a priority list for buying and risk …. could any of these stocks go bell up (i.e. bad balance sheets)
Thanks MMD
Read Answer Asked by Daniel on July 03, 2018