Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Energy

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

Nexgen Energy Ltd

Bullboard Posts

Comment by PamplonaTraderon May 31, 2016 10:06pm

375 Views

Post# 24921550

RE:RE:RE:RE:Breakout Imminent?

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Daily Chart: I adjusted the anchors on the lower boundary of triangle pattern in this chart. RSI is moving back above 50 and Stochastics has cross thed signal and turned higher. All we need is a bit of volume and a MACD crossover to signal a breakout.

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Weekly Chart: The April-May analog is holding up well. So is the bullish trend, with the 10 week exponential moving avg (blue line) acting as support.