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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 Feb 12, 2016 12:24pm
114 Views
Post# 24552877

RE:RE:RE:picked up a few more at .90

RE:RE:RE:picked up a few more at .90Nosleep,
We have discussed R600. It also has 50 meters of ground water saturated gravel over it, water coming in from Paterson Lake and with ground water at lake level. Considering the size, R600W is too small to pay for a coffer dam or freeze technology to eonomically extract the tiny amount of uranium therein.  CGN bought into a dud. 

Nosleep wrote: There are so many scenarios that could play out in this region, neither you, nor I, have the ability to predict how it all ends.

No need to be rude, though you can call me ignorant all you like. Just lumps you in with a likely ignore. I thought you had me on ignore ages ago, maybe you should just do that. At the moment CGN obviously doesn't seem to think what you think, or they would have thrown nearly 100 million dollars over towards this side of the lake.

I do continue to find it quite interesting that NXE shareholders continue to talk about how FCU is all under a lake, yet R600 and the new discovery zone to the west of it happens to all be on land, and at a 1/4 to 1/3 the depth of average holes here. If FCU continues to prove up U at 150-250 metres on land, i see no reason why it doesn't also have development potential. 

In all likelyhood, neither FCU nor NXE will be developers of either project. Bigger fish will own both, and whoever buys one will likely buy the other. You aren't going to buy one and not have everything in the region under one umbrella. The exploration upside alone could keep one country or company supplied for decades.

So there we have it, we agree to disagree, but again, it's a discussion board, that's what we're here for. You don't need to be a pompous dolt about it though. You have solid input, keep it there.


Bullboard Posts