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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 BobbiOreon Apr 04, 2016 3:36pm
277 Views
Post# 24729109

RE:Year Round Drilling

RE:Year Round DrillingYear round drilling is also a sign of something else, usually.  Watch for other signs, such as adding a few more drill rigs to the project.

thinkahead wrote:

NexGen is telling the market that Arrow will be drilled year round. 

With a road going in, it will not be necessary to use helicopters and so drilling costs will also drop.

They are also trying to distinguish themselves from Fission in so far as NexGen is promoting themselves as a land based project (where melting or forming ice does not matter) while Triple R is largely a lake-based project where melting or forming ice does matter.

Year round drilling will mean more steady news flow and ultimately a faster drill out of the project.

This aspect of the news today is being underappreciated by people!
 



Bullboard Posts