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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 teeveeon Jun 22, 2015 3:02pm
159 Views
Post# 23856310

RE:RE:RE:RE:RE:RE:Arrow and PLS deposits.

RE:RE:RE:RE:RE:RE:Arrow and PLS deposits.Perhaps you should think about this:
1. the coffer dam in the NWT went around a pipe that ran over 5 carats/tonne (>$350/tonne rock)
2. think about how long a coffer dam would have to be to accommodate the perimeter of an open pit over FCU's resource under the lake, and then factor in the value/tonne for the indicated average grade of what? 1.5% at $35/lb uranium. I am sure engineers will figure out whether draining the lake or building a coffer dam is a best alternative, provided the cost of either could be supported by rock worth less than $1050/tonne on average and leave enough to return capital, cover operating costs and include  a decent return over the projected life of mine....... 

If you have any grey matter between your ears, try using it before you type some sort of bs.....

Like I said before, I wouldn't buy FCU with someone elses money......

Bullboard Posts