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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 thiggins4193on Oct 09, 2016 11:50am
171 Views
Post# 25326827

RE:RE:RE:RE:RE:RE:Cameco "desperate times call for desperate measures"

RE:RE:RE:RE:RE:RE:Cameco "desperate times call for desperate measures"Ironically I was calling for the stock to drop all along vs panicking to get in. I for one have never said that Nexgen wasn't a good company etc. and I will likely invest when the time is right. In fact I did hold a small position at one point but sold at around $2.35. But the fact remains that the stock went up far too high and fast based mostly on speculation. This Malcolm character was singing from a mountain top on a daily basis during the run up, and portraying himself as a millionaire uranium expert, soaking up praise along the way for his posts that were blowing sunshine and bluesky, promises of impending wealth to all those that bought, regardless of price. Curious that he bought in at .60 yet only found stock house in early 2016. Then we have his other hindsight success buys, Apple, Walmart, comical really. For anyone in retirement age range, investing enough money to get rich in any one stock let alone a spec stock is extremely reckless. Now that the downward trend commenced and continued, he has re-angled his prediction for the recovery to start in 2020 as I suspect he sold his position into the hype which is what pumpers do isn't it? This stock will have its day as will the other U stocks that survive, and it will likely be one of the leaders. But there is more bleeding to come before the turnaround which nobody seems to know when will happen.
bepractical wrote: I am certainly not an advanced uranium stock investor but I know a great project when I read NR after NR with high grade results. Malcolm, most investors, and all analysts have difficulty with their timing of a Company's share price. Invest in good mgmt., good location, good projects and you should be successful. Malcolm is human but his call for $10.00 in 2020 could be low or high. I would suggest that your comments on Malcolm are the comments of a panicked investor. Investing with patience is recommended.


Bullboard Posts