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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 shakerman640on Aug 27, 2015 5:42pm
239 Views
Post# 24057500

Brent Cook of Exploration Insights comments on NexGen Energy

Brent Cook of Exploration Insights comments on NexGen Energyhttps://www.stockhouse.com/news/newswire/2015/08/27/brent-cook-eric-coffin-and-rob-mcleod-reveal-their-thoughts-on-dozens-junior

On uranium:

COOK: Nexgen has made a real discovery and deserves credit. I have not bought it because the depth requires UG mining. Doable but there is a lot more involved than with Fission Uranium's (TSXV:FCU, Forum) deposit that can be mined OP. Big cost and permuting benefits. If I were say Cameco (TSX:CCO, Forum), for instance, that would be a big factor.

I understand the differences between sed hosted and basement hosted at NXE but, for my money, I would rather own the PLS deposit.

COOK: Now that FCU merged w/ Denison (TSX:DML, Forum), it means FCU is not going to be so adversely affected by the capex the upcoming PEA will show. I think was overall a good move. Now it all depends on uranium price.
Bullboard Posts