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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 toriddogon Sep 09, 2015 2:48pm
201 Views
Post# 24089984

Traders sure having fun !!

Traders sure having fun !!I have seen some crazy predictions on uranium deposits, but 400 million pounds in the Arrow deposit when the size would never produce that much if it was 100% U308. If they had even 100 million pounds there is no way the 43-101 would be delayed until next year. It has been delayed because management knows it is probably around 50 million pounds. 
Watch out investors and stop feeding the pumping traders.  This may very well end up a very nice deposit but needs a lot more drilling and if the overall size as shown drill reports does not increase considerably it is  not mineable at a profit. 
Bullboard Posts