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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
Comment by sounds20on Jul 05, 2017 1:01pm
172 Views
Post# 26435794

RE:RE:Haywood Securities: Buy rating and $6.00 target for NXE

RE:RE:Haywood Securities: Buy rating and $6.00 target for NXEGoldie, this explorer just surpassed the one time lynchpin, the room's 800 lb gorilla!   Priceless, huh.

https://ycharts.com/companies/CCJ/cash_on_hand

Meanwhile, Paladin, the former 1,000 bagger has called it a day.  (Offtake partners are quite ruthless.)  Timing is everything.  It's not what you get done early that counts, I guess.  Buying low and selling high is not enough when you consider that PDN acquired their big Namibian mine for a song, what $15,000, then sold 25% to the Chinese for what amounted to $780 million.  They made a lot of hay for a few years but ended up having to sell 25% of itself to CNNC, who just called their loan thus putting them out of business, or should I say misery.  Lessons here:  don't not hedge and stay away from emergency cash injections.       

https://thewest.com.au/business/energy/struggling-paladin-hits-nuclear-option-on-360m-loan-call-ng-b88526002z
Bullboard Posts