Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Energy

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

Nexgen Energy Ltd

Bullboard Posts

Comment by PamplonaTraderon Jun 11, 2015 3:06pm

163 Views

Post# 23821473

RE:RE:Chart

So.. umm.. were all going with the assay leak theory right?

Up 10% and on over 3mm shares traded on a Thursday.

Hard to believe that the aggressive buying was done on just a hunch...

I'm guessing we'll all be very happy early next week.

PamplonaTrader wrote: Some motivated buyers... assay leak?

PamplonaTrader wrote:
^Daily chart shows break out in progress. Little to no resistance to ATH @ $0.67.

^Weekly chart bullish. Assays should easily take price to measured target $0.83-$0.87.

Note: At $0.85, NXE would have a fully diluted market cap of around $250mm. Thats ~40mm lbs using a $6/lbs multiple or ~60mm lbs using a $4/lbs multiple. Very reasonable given the conservative estimate HighROI rendered for the A2 and A3 resource.