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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 ohhsukisukinowon Dec 29, 2016 12:01pm
167 Views
Post# 25650253

RE:stockpick, thats 232,000K not chump change

RE:stockpick, thats 232,000K not chump changeI don't understand why so much exploration and development goes on in the uranium space while prices are so low. Isn't uranium still $20 a pound? Isn't there a lot of production that can be brought online if prices were to double or triple? What happens if prices never come back and uranium energy is replaced by something else like solar or wind? I know nexgen has done great this year and I think I've missed the boat here. What is going to double the share price from here? Is it too late to get in? What's the point of taking on the risk of a junior unless you can make 5 times your money. Are uranium bugs like gold bugs? There's always the potential of a gold exploration company having its share price pop 500% if they have some good drill results assuming they have a good structure and are cheap. Take a look at westhaven ventures ticker whn. World famous management team and they own 50% of the stock. With a market cap of only 6 million or so, some good drill results could send this cheap tighlty held stock flying. They just finished drilling for high grade gold too and results are likely due out in january. Anyone else know of a company with such a low market cap, so tightly held, with results pending and with such a famous explorere at the helm? If i was to spread my rish and stop buying whn and start buying nexgen what catalysts am i holding for to  sell? You need a reason to buy and to sell so what's am I looking for to here? 
Bullboard Posts