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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
Comment by ogshowtimeon Feb 19, 2014 1:35pm
156 Views
Post# 22225979

RE:Not impressed

RE:Not impressedRight, more drilling. 

For at least an attempt to make a comparison with the PLS discovery trajectory, the timeline is available here from the Fission site:

https://fissionuranium.com/project/pls/overview/eh/

We could debate how useful it is to make comparisons like "FIS/AMW found xyz  in the first n holes" versus what NXE has done to this point. I think it's sort of useful (because it emphasizes how hard it is to make hits in new zones). But right now it seems like what's  going to be important is the market's (and especially potential FCU-buyers') response to this hit; and what the follow-ups to the initial hit reveal.  

Cheers and good luck,

O.G.
Bullboard Posts