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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 Nov 10, 2015 12:30pm
196 Views
Post# 24277495

RE:Last 4 NRs...

RE:Last 4 NRs...The reason why the stock hasn't sold off is because there are not enough stop loss orders for the pro's to go after. Without lots of margin in the stock, short sellers can't target the share price with confidence. I expect the sideways trading will remain until we break out to the upside. 

picaxe wrote: the share price has first fallen then gone sideways for the next 3 NRs... I believe the market is staled. I do not see how the next set of assays will spark a major flame. Winter drilling is what is needed to go to the next level. This sideways trading will remain until the end of January. Markets are looking for some big news to invest in. They will return here in the new year! In hope also that the spot price does not drop anymore... would love to see $40 again... patience this is the real deal.


Bullboard Posts