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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 Malcolm2001on Feb 14, 2017 9:18pm
239 Views
Post# 25846559

RE:long term price down 3.28%

RE:long term price down 3.28%Agreed. It makes sense that there would be heavy buying ahead of the resource estimate and I fully expect that to continue until it is published.I am wondering whether any of the information is being leaked out and the big mutual funds have got wind of what is likely in the resource estimate. May be not hard data but the general size of Arrow. Reviewing some of the drill assay results about an hour ago when I see 30 metres at 15% I am in awe. That is about 100 feet where 3 pounds in every 20 mined is U3O8...nothing short of spectacular. I think it will climb higher in the weeks before the RE2 is out and pull back a little after that. WHo knows really.
M
Bullboard Posts