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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 May 05, 2017 10:29pm
308 Views
Post# 26211569

RE:RE:Disappointment is an emotion not a fact

RE:RE:Disappointment is an emotion not a factYes indeed. I am looking forward to the preliminary economics assessment. This is what will tell us (and the wider investing community) whether this is a viable proposition or not. More excellent drill results will not likely move the price but if this mine can be profitable at low U prices we have a sure fire winner on our hands. From the drill resilts presently in hand and what we kinow of the mine characteristics so far I suspect good profitability. When the Uranium price reaches values to incent miners to produce again I feel sure this will be a very profitable venture and will attract large institutional funds and pension funds - which is where we want to be as shareholders.
We shall see...early days yet. So far very pleased with outcomes to date but best is yet to come. Time will tell whether we have a profitable enterprise...got a hunch we have.
Bullboard Posts