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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

NexGen Energy Ltd. is a Canadian company focused on delivering clean energy fuel for the future. It is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It is focused on optimally developing the Rook I Project. It has a portfolio of highly prospective projects, including its 100% owned Rook I property that is host to the high-grade Arrow Deposit, South Arrow, Harpoon, Bow, and the Cannon area. The Rook I Project is a development-stage uranium project in Canada. The new underground mine and mill development is located in the uranium-rich district of the southwestern area of the Athabasca Basin, located in Saskatchewan. Arrow is a 100% land-based, basement-hosted, and high-grade uranium discovery. The Rook I Project, host of the Arrow Deposit, which is a development-stage uranium project in Canada and is 100% owned by NexGen Energy Ltd. The Rook I property hosts the Harpoon Discovery located 4.7 km northeast of the Arrow Deposit.


TSX:NXE - Post by User

Bullboard Posts
Post by ogshowtimeon Jul 08, 2013 11:03am
198 Views
Post# 21594023

Two matters of potential interest

Two matters of potential interest1) In case you haven't seen it on other boards, Talbot's comments; there's a bit about the "areal" aspect of PLS that might be of interest:

https://resourceclips.com/2013/07/05/uraniums-global-perspective/

2) Last week I asked Malcolm Shaw on seekingalpha if he would be writing about the smaller players in PLS and environs; his response, verbatim:

"I've thought about it, but for me there's really very little to say about the "area players" in terms of "investibility". The data is just so limited in the western Athabasca basin that it is truly grass roots exploration. The good news is that most, if not all, of the players you mention are pooling resources in order to get good semi-regional geophysical data acquired which will save everyone time and money. Right now, trendology would have me leaning to towards Nexgen, Purepoint, and Forum, but it is early days for all of them. 

Uranium exploration is a very difficult business, requiring a lot of patience and a little luck. I'm sure there will be other discoveries out on the western side, but in the meantime, there is simply no project I would rather invest in than Patterson Lake South, as the risk of discovery is not a factor any more. Now it's all about size, and with mineralization found already at 3 places along an 800m section of what a appears to be a significant shear zone, I believe that there's more uranium to find yet... potentially a lot more. Time will tell. I'd expect drilling to start within the next two weeks."

Bullboard Posts