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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 Lunchisforwimpson Apr 21, 2014 12:50pm
224 Views
Post# 22472864

RE:RE:RE:Well ... hype has left town...

RE:RE:RE:Well ... hype has left town...You are correct...Lederhouse was a third party insider (over 9.9%, not management and has 13.5 million shares) selling during the financing and the drilling (who does that during a management/insider blackout - terrible optics). 500K was all he could get off at that time without driving the price down (he was somewhat orderly, I give him that). He now has 13.5 million shares hanging over this stock. Good luck buying through that when he shows up again without one hell of a press release. I am looking forward to buying NXE at $.30 as it is in seasonal feather down mode and Sheldon quit buying (See: the chart). I will then unload at the Lederhouse insider glass ceiling which was from low 40s to 50s. You say long, I say possible major insider sell side overhang, we beg to differ and that's okay. As soon as he falls below 9.9 percent and is no longer an insider watch for the anonymous marker during any rally (do not be in a hurry cause there is more where that came from). Losing money can be an emotional thing...think ahead keep your chin up and control your emotions. I say the jury is still out on Lederhouse. He is a self reporting dumper until he posts some buys.
Bullboard Posts