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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

Energy
NexGen Energy Ltd. is a Canada-based company focused on delivering clean energy fuel for the future. The Company is an exploration and development stage Company, which is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It has a portfolio of highly prospective projects, including the Company's 100% owned Rook I property that is host to the Harpoon, Bow, South Arrow, Arrow Deposit, and the Cannon area. The Rook I property is a development-stage uranium project in Canada, which is located in the uranium rich district of the southwestern area of the Athabasca Basin, located in the premier mining jurisdiction of Saskatchewan. The Rook I project hosts the Harpoon Discovery located approximately 4.7 kilometers (km) northeast of the Arrow Deposit. The Bow Discovery is located approximately 3.7 km northeast along the Patterson Lake Conductor corridor. The South Arrow Discovery is located 400 meters (m) South of the Arrow Deposit.


TSX:NXE - Post by User

Nexgen Energy Ltd
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Comment by hockeyguy123on May 26, 2014 12:35am
177 Views
Post# 22597154

RE:Hockeyguy and uwatcher

RE:Hockeyguy and uwatchergoodfellow1,

I am not a paid poster. I am just posting relevant information regarding the uranium sector.

It is quite obvious that there is currently too much uranium supply and not enough demand right now. As a result, the uranium spot price is trading at $28.00 per pound (May 19, 2014) according to Ux Consulting. Also, there are currently too many uranium companies that are still in business. Many of these companies should have filed for bankruptcy a long time ago.

If you decide to ignore current and future supply and demand fundamentals in the uranium sector and refuse to incorporate it as part of your own due diligence before investing in any uranium stock that is your choice.
Bullboard Posts
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