Maruwa Share Discussion Threads

[energyi] 10/11/2006 08:14

back to ice near $1.12,
and maybe ready to roll again

[princey0] 11/10/2006 09:16

Thanks csmyth. I am a holder of IUC and Denison. I have neen watching Mawson for a while but decided to buy producers instead. Mawson would be a great equistion for the new IUC and Denison merger. I suppose everyone one here would prefer Mawson to go it alone!!

[csmyth] 10/10/2006 23:28

Also found here:

[csmyth] 10/10/2006 23:25

This is the original article in Swedish, a friend translated it for me.

"Lundin bildar uranjätte"

[princey0] 09/10/2006 14:50

where did u find this info please Energyi

[energyi] 09/10/2006 01:33

The Lundin family together with International Uranium and Denison Mines.

Lukas Lundin becomes chairmen in the new mining company with a market capitalisation of 7 billion sek and two large plants for production of uranium.

The company will search uranium in Sweden. "we will become number four or five in the world for the production of uranium. The industry needs to be consolidated and we are looking at two, three small companies that we want to buy ", says Lukas Lundin.
The new group is joint owners in two uranium mines and has several own projects with significant reserves that will mined the coming years.

Until 2010 the company plans to open four new uranium mines in North America. The preparations are taking place. Moreover, an potential exists in other prospecting sites..

Denison and International Uranium searchs today for uranium in USA, Canada, Mongolia and Australia.
Lukas Lundin discloses also that he intends to begin to drill here at home in Sweden.

"We are looking at Argentina and Sweden. Our exploration budget is 20 millions Canada dollars per year.
Sweden is a prospective country. "

Other foreign companies are already searching for uranium in Sweden, despite the politicians says no to mining.

Lukas Lundin feels that things will change.

"The situation will change, although perhaps not tomorrow but in the long run. Energy is a very important question. "

The market price has risen 430 percent in two years and the sector believes that the upturn will continue. The prospecting companies have attracted many new investors.

"World production this year is lower than the previous year and the situation is extremely bullish'
.
The market price has risen 3 percent in a month and now lies at 53,25 dollars per pound. In order for new plants to be contructed in the USA 100 dollars per pound is required ", says Lukas Lundin.

The new company is joint owners in a large production plant in Canada and a sole owner of a plant in the USA. Production will be 4 millions pounds in 2008 and 6 millions and 2010.

"There are only four plants in North america and we have two of them. The two plants have capacity to produce 13 millions pounds, but we will commence with four. "

Your position as chairmen in one of the world's largest uranium companies is not so politically correct, have you considered this?
"I think that it is politically correct. The best we can do now is to find more uranium. Nuclear power is the world's purest energy form if global warming should welcome us. "

Lukas Lundin do not eliminate a listing of Denisons shares in Stockholm.
"I have not thought, but perhaps."

[energyi] 09/10/2006 01:33

The Lundin family together with International Uranium and Denison Mines.

Lukas Lundin becomes chairmen in the new mining company with a market capitalisation of 7 billion sek and two large plants for production of uranium.

The company will search uranium in Sweden. "we will become number four or five in the world for the production of uranium. The industry needs to be consolidated and we are looking at two, three small companies that we want to buy ", says Lukas Lundin.
The new group is joint owners in two uranium mines and has several own projects with significant reserves that will mined the coming years.

Until 2010 the company plans to open four new uranium mines in North America. The preparations are taking place. Moreover, an potential exists in other prospecting sites..

Denison and International Uranium searchs today for uranium in USA, Canada, Mongolia and Australia.
Lukas Lundin discloses also that he intends to begin to drill here at home in Sweden.

"We are looking at Argentina and Sweden. Our exploration budget is 20 millions Canada dollars per year.
Sweden is a prospective country. "

Other foreign companies are already searching for uranium in Sweden, despite the politicians says no to mining.

Lukas Lundin feels that things will change.

"The situation will change, although perhaps not tomorrow but in the long run. Energy is a very important question. "

The market price has risen 430 percent in two years and the sector believes that the upturn will continue. The prospecting companies have attracted many new investors.

"World production this year is lower than the previous year and the situation is extremely bullish'
.
The market price has risen 3 percent in a month and now lies at 53,25 dollars per pound. In order for new plants to be contructed in the USA 100 dollars per pound is required ", says Lukas Lundin.

The new company is joint owners in a large production plant in Canada and a sole owner of a plant in the USA. Production will be 4 millions pounds in 2008 and 6 millions and 2010.

"There are only four plants in North america and we have two of them. The two plants have capacity to produce 13 millions pounds, but we will commence with four. "

Your position as chairmen in one of the world's largest uranium companies is not so politically correct, have you considered this?
"I think that it is politically correct. The best we can do now is to find more uranium. Nuclear power is the world's purest energy form if global warming should welcome us. "

Lukas Lundin do not eliminate a listing of Denisons shares in Stockholm.
"I have not thought, but perhaps."

[frizzers] 27/9/2006 21:54

Creeping down on low volume, though gold creeping up.

[frizzers] 25/9/2006 21:35

Bought 10k today

[princey0] 19/9/2006 11:02

Denison Mines and International Uranium to merge, creating company worth $1B




VANCOUVER (CP) - Denison Mines Inc. (TSX:DEN) and International Uranium Corp. (TSX:IUC) plan to merge in a share-swap deal to create a mid-tier uranium producer with a market capitalization of roughly $1 billion, the companies said late Monday.

The new company will be stronger due to its diversified production, including Denison's projects in Saskatchewan and International Uranium's assets in the United States, said International Uranium's president and CEO Ron Hochstein.

"We'll fill a niche for the investors in terms of a new intermediate producer," Hochstein said in an interview.

Under the deal announced after the close of markets, Denison shareholders will exchange each of their shares for 2.88 International Uranium shares. International Uranium shareholders will continue to hold their existing common shares.

The deal values Denison at about $518 million and its shares at $17.02 based on share prices Monday, a slight premium to the company's closing price of $16.75. IUC has a market capitalization of about $523 million.

Hochstein, who will be president and chief operating officer of the combined company, said his focus will be on integrating the two company's operations and growing the company.

"We see some management compliance cost savings, but really what's kind of very exciting about this is both management groups were running so lean that both groups are very complementary," he said.

"We bring the U.S. operating experience and U.S. assets. Denison brings the interest in operations in some of the richest deposits in the world."

Denison Mines has a 22.5 per cent interest in McClean Lake in northern Saskatchewan and a 25.17 per cent interest in the Midwest uranium project, while International Uranium's holdings include uranium and vanadium deposits in the U.S. as well as the White Mesa mill in Utah.

Denison chief executive Peter Farmer said the combined financial strength of the new company will help it grow.

As of June 30, the combined company would have had cash and short-term investments of $127 million and no long-term debt.

"While focusing on developing additional production at our licensed McClean Lake and White Mesa mills, we will also combine our excellent global exploration prospects," Farmer said in a statement.

"This transaction will significantly increase our production in the short term while adding potential long-life assets."

Existing IUC and Denison shareholders will each own approximately 50 per cent of the new company, which will have about 176 million common shares outstanding after the merger.

The combined company will be named Denison Mines Ltd. and keep its primary listing on the Toronto Stock Exchange.

Farmer will be chief executive of the combined company, while International Uranium chairman Lukas Lundin will be chairman of the combined company. Both Denison and International Uranium will be equally represented on the board.

The transaction requires the approval of two-thirds of Denison's shareholders and option-holders and a majority of the IUC shareholders. It is also subject to other customary conditions and regulatory approvals.

The deal includes a break fee of $16 million payable under certain circumstances.

The directors and senior executives of each company have entered into agreements to vote their shares in support of the deal. Lundin family interests, holding 19.9 per cent of International Uranium, have also pledged their support.

Each company is expected hold a special shareholder meeting in November to vote on the transaction. The deal is expected to close by the middle of December.

[energyi] 08/9/2006 04:08

3. IKEA founder and Swedish billionaire Ingvar Kamprad has
begun investing in Swedish uranium mining. Kamprad invested
in Swedish uranium mining through a private placement in
Canadian-traded Mawson Resources. Sweden is undergoing a
nuclear energy revival. According to the news service, Sweden
derives nearly one-half of its electricity generation from its 10
operating nuclear reactors. Mawson Resources is one of several
uranium exploration and development companies hoping to bring
back uranium mining to Sweden. DSN Retailing Today, 17 Jul 06

(from the Dines Letter)

[csmyth] 15/8/2006 10:27

HOT - I have over 500,000 shares and would buy more if it went below 80c.

The hype is not generated by management, there is a crew of traders and newsletters following this stock who rev it up when things are moving. Hudson is a very safe hand who I have a lot of time for.

[energyi] 12/8/2006 14:10

Look like it could be setting up for another run.

I sold a few shares at $1.19, and bought near $1.00.
And meantime, held onto a large position.

[holdontightuk] 05/8/2006 10:13

I have averaged down since....my entry point is now ca 125c. I agree with you ref assets but to date there has been dilution followed by dilution. What I really dont like though is the hype tendency. How many do u have then?

[csmyth] 03/8/2006 13:29

you will get the chance HOT to recoup your money in this one. I have rarely seen an asset base like it.

Sorry you got in at a late level, sometimes thats the factor that makes the biggest difference to success in a junior investment. Timing wasnt the greatest as the summer correction was brutal this year.

[holdontightuk] 03/8/2006 12:20

You might be right CS......downward momentum in this case. And yes, I probably will be moving on if I get the opp to get my original investment back.

[energyi] 03/8/2006 07:17

Reverse Head-and-shoulders being formed

[csmyth] 03/8/2006 02:25

sounds like you should sell and move on!

Also sounds like you were one of the momentum guys!!

I will pass on the comments on the IR to management as I always like having a slap at IR guys.

[holdontightuk] 31/7/2006 20:04

back under $1

[holdontightuk] 30/7/2006 13:33

The grades are poor though. W

[holdontightuk] 30/7/2006 13:33

The grades are poor though. W

[holdontightuk] 21/7/2006 23:24

Dear Mr.....:

Sorry for the delay in replying but I am on holidays.

Yes, the 120Million lbs are historical. However, please refer to the attached Press Release which should indicate to you that we are certainly NOT over-promotional. I have been adding to my own share position in Mawson at these prices which hopefully (I think it is intelligent hope) will pay-off for me come this

X-mas.

By the way, which City and State are you in?