NXE - Kwantes refreshes NexGen Energy buy "James Kwantes, in the Dec. 11, 2016, edition of Resource Opportunities, refreshes his buy of NexGen Energy Ltd., recently $2.32. Mr. Kwantes said buy three times from March 29, 2015, to June 21, 2016, at prices ranging from 45.5 cents to $2.70. A previous editor of the newsletter, Lawrence Roulston, said buy three times from May 24, 2013, to Aug. 26, 2014, at prices ranging from 30 cents to 54 cents. A $1,000 investment for each of the six buys is now worth a pleasing $25,939.
NexGen is developing the high-grade Arrow uranium deposit in Saskatchewan. In Mr. Kwantes's opinion, Arrow is already the world's best undeveloped uranium deposit, and it looks even better now that uranium prices are starting to show signs of life. Prices are still low at the moment, but looming supply deficits could spark a dramatic rise sooner than the bears may think, says Mr. Kwantes. In the meantime, NexGen is continuing to release impressive drill results from Arrow. One recent hole hit 73.5 metres of 7.59 per cent U3O8 (triuraunium octoxide), including 26.5 metres of 20.27 per cent U3O8 and 10 metres of 51.4 per cent U3O8. Mr. Kwantes concludes that if you like uranium, NexGen is "best of breed" and is a buy at current levels."
My Comment:
This isn't a contest betwwen NXE and FCU, at some point it will make sense for them to work together. They both have long term potential. Recommending NXE isn't bashing FCU and vice versa. Don't listen to the likes of Rover who is a despicable basher of anything not FCU, how can anyone trust what he is saying?