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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 Apr 01, 2017 4:10pm
211 Views
Post# 26063351

RE:RE:NXE Updated Resource Estimate Remarks

RE:RE:NXE Updated Resource Estimate RemarksSo sad that people would sell their stake in such an incredible deposit. But that is the way investing is. Volatility like this is to be expected both in the price of the underlying commodity and the junior miners. That is a sure sign that the bull market is about to get started in earnest.. Every day that goes by brings the bottom of the above ground U3O8 supply barrel closer. When a high quality, easily mined deposit like this meets a stellar Uranium price the fireworks will fly. No-one is going to sign long term contraacts at prices less than they produce it for so sooner or later the rubber will meet the road and utilites will be signing en-masse at prices higher than the previous bull run. Just a matter of time that is all.
Great investing and thanks for posting.
M
Bullboard Posts