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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 PamplonaTraderon Jun 17, 2015 4:00pm
164 Views
Post# 23841117

RE:RE:Extremely bullish action

RE:RE:Extremely bullish actionWe see the investor psychology on this board.  Whoever wanted to take profits has pretty much done it already and those remaining are starting to think about pushing their asks higher.  I see that reflected on the charts and in market depth.

If the relentless buying keeps up, the asks will disappear and those that took profits will be back on the bid.  Could lead to gappy, disorderly trading and a push to the $0.90 - $1.00 range as you say.

JKMD43 wrote: Hey Pamps,
I was just going to write something similar. 7 days after the start of this run and the buying and volume continues. There is potential news on the horizon next week and Friday could see further gains. If NXE can break $0.80, it could very well push $0.90-$1.00.

PamplonaTrader wrote: Not trying to get anyone's hopes up, but the buying pressure has been extremely impressive.  If demand keeps up, asks could dry up and we could see price gap up soon off this mini-penant. My new short term target would get pushed to the $0.95-$1.00 range... just sayin'




Bullboard Posts