Long term investment in $DNN
I have longed Denison Mines Corp as a long term investment. As it stands, nuclear energy is the cleanest and most efficient way to produce energy. With all the macro fundamentals, along with the narrative that oil can double from here in the next decade, I believe governments will be forced to look for reliable and high output energy production alternatives.
Countries like UK and France are already embracing this source of energy, others will follow.
I do not like the valuation here, but since this is a long term investment I am ready to stomach volatility against my position. Risk is 1%.
If macro fundamentals change by some miracle or DNN has major changes that may impact business growth I will jump out of the position.
Countries like UK and France are already embracing this source of energy, others will follow.
I do not like the valuation here, but since this is a long term investment I am ready to stomach volatility against my position. Risk is 1%.
If macro fundamentals change by some miracle or DNN has major changes that may impact business growth I will jump out of the position.
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