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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 24, 2017 8:43pm
313 Views
Post# 25892256

RE:Shake Out

RE:Shake OutI am thinking the same profittaker. Part of the annmouncement was that RE2 is coming out in the first half of 2017...why? Do they want to include winter drill results maybe? My feeling is that RE2 is going to be alot larger than many of us imagine. I am only a long term investor so these gyrations in the market place do not change my long term view. There are two inescapable facts. First Arrow is by any measure a very large Uranium deposit that can be mined using conventional methods and secondly (despite a minor blip in the spot market) Uranium is headed upwards in the long term. When high prices hit big deposits companies that have them get valued in the billions. That is what will happen to NexGen...just a matter of time. Keep focussed on the end game and you'll retire with more money than your wife can spend. All the best and thanks for the post.
M
Bullboard Posts