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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 bloomfield18on Mar 10, 2017 10:08pm
280 Views
Post# 25967086

RE:RE:FYI

RE:RE:FYI Actually, the market is rational. NXE market cap is nearly a billion. High grade ore at 165 million lbs is in a relatively small area equal to a cube 50 meters on each side. I know A2 is not a cube, but it helps to get a sense of proportion. I calculated this by using the s.g. of pitchblende, and the host gneiss basement. Everything else is certainly very attractive but much lower grade. There are plenty of lower grade uranium properties out there to purchase. It does help sweeten the pot though.
Bullboard Posts