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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

Post by retiredcfon Feb 18, 2024 1:27pm
181 Views
Post# 35886752

Pure Play

Pure PlayWould you start buying uranium today? What's your pure play on uranium? Is Cameco a buy?

We do like uranium and think there is long term demand potential driven by the increased usage of nuclear energy. For investors looking for uranium exposure we do see CCO as a buy at current levels since it is one of the largest functioning players making it a safer option. Our favourite pure play would be NXE which is a smaller and earlier stage company at $5.5B market cap. (5iResearch)
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