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 Aug 20, 2015 3:36pm

120 Views

Post# 24037175

RE:cup and handle forming on chart...

Without volume there is no pattern. I don't see a cup and handle because there is no volume correlating with the pattern. However, I do see consolidation in a coil that appears ready to pop. The 50dma is offering price support. A flat close or better would be an encouraging sign especially with the improved volumes today.

Amateurs like MaeveB (Torridog?) haven't figured out yet that intraday activity has been meaningless the last couple weeks. The volume in trading has been in the last hour or so of the session.