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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 toriddogon Jun 01, 2015 9:10pm
203 Views
Post# 23786915

Mining -open pit operations.

Mining -open pit operations.Uthreeohate, you provided a bunch of info on how hard it will be to mine the FCU deposit. The fact of the matter is you don't have a clue ,as you have not taken the time to look at a the info gathered during the past 2 plus years. 
I ask you one simple question. How many open pit mines in the Athabaska basin have been abandoned due to the cost of dealing with water issues? They all have been mined out quickly and were very profitable. The only reason there are no open pit mines now is because they cannot find another deposit shallow enough to open pit mine. Fission is the first new suitable deposit.. NXE's deposit is too deep. 
This will be the third deposit found and sold by the Fission crew and they are not so dumb to spend millions on an unmineable deposit. 
I am a resident of Northern Sask as well . If you have all these concerns just move on to something better. My money is staying in these two explorers , we shall see shortly how it all turns out. NXE and FCU will be in the same takeover and us long term investors win again.
Bullboard Posts