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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

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

Bullboard Posts
Post by toriddogon Jun 29, 2015 5:02pm
254 Views
Post# 23878686

Drill Results

Drill ResultsI have tracked NXE drill results from the start of drilling. To date they have 5 holes that have results that are worth paying attention too. All the rest have little or no uranium . As you state when things are not looking too good, they go back and drill another hole close to the holes that have good results. 
Management is not in the same league as FCU as far as sucess is concerned. Don't get me wrong this new deposit certainly has promise, but that is what it is so far. I think they are currently drilling away from the narrow arrow zones and this will reveal the future of the deposit. If we hear nothing for awhile and they drill another hole right beside the other 5  good holes, best grab your money and run. 

Bullboard Posts