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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 Realstoneon Aug 08, 2016 1:03pm
161 Views
Post# 25119796

RE:RE:RE:RE:RE:RE:RE:12 month price prediction

RE:RE:RE:RE:RE:RE:RE:12 month price prediction
Not necessarily HighROI.  Declining volume shows a lack of interest whether the price is rising or dropping.  What typically happens in a Head and Shoulders scenario is: investors get in during the price rise of the head portion.  It consequently drops, then the investors wait for the next rise, which is the forming of the second shoulder.  Those investors realize that if they want to cut their losses, they better get out while the price is somewhere close to their entry point.  They bail, the price drops, then the masses join in in a bear rally.  All the declining volume shows is that interest is waning.
Bullboard Posts