RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:$200 Plus Million cash in the bankHaters gonna hate.
Pretty damn shrewd career move made by Garrett Ainsworth in 2014 to move over to a winner IMO. Have you checked the share price of ALX Uranium recently Quacks?
You should probably stop spewing garbage when it's obviously something you know very little about.
quakes99 wrote: I think you're forgetting something, Giga. The co-discoverer of PLS, Garrett Ainsworth, abandoned his VP Exploration job in his father's company in 2014 to become VP Exploration for NexGen. He brought with him years of corporate knowledge on all the geophysical/geologic data analysis and studies that went into making the PLS discovery. He had intimate knowledge of the PLS Conductor Corridor and applied that directly to the Arrow discovery and its subsequent expansion, stealing the glory from the geologists who made that initial Arrow discovery.
He went from a geologist that had to borrow money from his dad to pay for his boulder tracing effort to discover PLS to presumably a multi-millionaire now holding over 4M options and shares of NXE. Worked out well for him and NexGen.. but not so well for his dad, rest his soul.
Cheers!
Gigantapithic wrote: Are you trying to make it easy to point out that NXE got land beside other discoveries and then just drilled on trend? Because that's pretty much what the history says:
More recently, Alpha Minerals and joint venture partner Fission Energy’s Patterson Lake South (PLS) project has become one of the most exciting uranium discoveries in recent times, having announced just yesterday 10.5 meters of 29.26% U308 (Read the PLS discovery backstory here). Alpha and Fission have been among the only bright spots in an otherwise terrible 2013 venture market.
Despite sitting on opposite ends of the Athabasca Basin, both Roughrider and PLS share a common neighbor. NexGen Energy (TSXV:NXE), a Canadian company with Australian management soon to be based in Vancouver, has assembled a portfolio of uranium projects in the Basin that includes land adjacent and on trend to both discoveries.
Within Mega’s project portfolio was a dominant land position in the Southwestern Athabasca Basin region, around Patterson Lake, where in late 2012, Alpha Minerals and joint venture partner Fission Energy announced their tremendous PLS discovery. It was a stroke of good luck for NexGen, whose newly acquired Rook property was adjacent and just up ice from the discovery. “The electromagnetic conductors which host PLS are trending directly into our property,” Curyer commented.
Both Radio and Rook 1 will be drilled this summer. Beyond those properties, the company has a broader portfolio of projects and targets which will be explored more closely in the near future.
Nothing wrong with that, but again, I'm not sure what you're trying to insinuate when you point out that AMW and Fission started the leg work in 2008 for the entire region and the NXE just drilled on trend with the airborn survey confirming what AMW and FCU had found.
So, 4.5 years for FCU to do what they've done and. . . . NXE jumping on the back and doing it in 3?
Again, not a pi$$ing contest. What didn't you follow about my prior post. Stop trying to make meaningless points or things that don't exist. Who cares, both companies are doing great things and the area development will be better with two of them working together (not necessarily directly).
shrink wrote: My reference to time lines is when they were doing their airborne surveys, see their March 2008 news release. I erred on NXE as their surveys were started 2013. I maintain that it has taken fcu much longer to develop their resource than it has NXE. If you want to call that a bash then ho ahead. It is not a lie however.
Gigantapithic wrote: Oh look, a Dizzle post that I can see.
I haven't defended Gizard ever and suggested ignoring him/her. He's obviously trolling you guys and you keep replying. I ignored Dizzle because he's clearly the reincarnation of Giz, RSG and a whole slew of other posters. I can't see his drivel anymore (although I'm amazed I saw this one, doesn't really make sense). I'm not critical of Shrink other than his constantly bashing FCU in his defense of NXE. Just defend NXE or ignore him, don't bash.
That said, you did say you'd stop and stay of the other forum so thanks for that :)
And you can't count the pre-discovery timeline as to how long it's taken to get where we are. Everyone knows discoveries are a total cra9 shoot: Here's a good blurb from Brent Cook referencing gold explorers that is likely applicable to most mining exploration companies.
There are in the order of 2,000 junior companies listed on the Canadian exchange and maybe 1,000 more listed in Australia, London, and elsewhere. In round numbers they are exploring 10,000 mineral properties of which only 1 in 1,000, on an annual basis, will produce an economic discovery. Worse, only 1 in 10,000 will result in the delineation of a gold deposit of greater than 4 million ounces (Stephen Enders, Society of Economic Geologists Newsletter, July 2011).
https://www.explorationinsights.com/pebble.asp?relid=2408
Everyone should read the entire article (although I'm sure it's been posted on the FCU forum before) as it shows how impressive the discoveries that both NXE and FCU have are AMAZING.
These are two companies that should be working together to bring development to their side of the basin. The shareholders shouldn't be squabbling and pi$$ing at each other.
Who cares about market cap and valuation. I'm in it for ROI and if Fission is worth 1/10th of NXE but in the end I end up with a 5 bagger from current levels I'm a winner! You should all be happy with how NXE is doing, it's had a heck of a run with early shareholders having a 4 bagger at least.
shrink wrote: Thats the way it is with those guys. Should likely ignore them all. They always have something to say about what nxe is doing wrong and what fission is doing right and when you call them on it, its labelled bashing or pumping. Probably best to let the share price do the talking because in the end thats what matters. Dazzle58 wrote: Notice how Quakes and Gigi are critical of you, but are quick to defend Gizard. Biased or what. Their agenda becomes clearer everyday. shrink wrote: Fissions pump brigade to Gizs rescue, and here i thought i was being conciliatory. I can't win. quakes99 wrote: Amen Brother! The constant stream of inaccuracies and outright lies being posted about Fission is wearing thin, and tempts me to unleash an arsenal of retaliatory strikes. If they keep this up then you can expect me to be posting on this bullboard on a frequent basis.
As to today's strength for NXE, in the last news release they indicate that both a summer program and the PEA will be announced at around this time... so I suspect that either investors are positioning for a news release by bidding up the share price, or there is an information leak suggesting news is coming tomorrow. Wednesday is a typical day for NexGen to release news.
- A summer drill program focused on further Arrow Deposit delineation as well as expansion drilling is scheduled to commence in early Q3.
- A maiden Preliminary Economic Assessment is scheduled to be completed in late Q2 / early Q3 2017
Hope you are successful with your trades... and good luck!
Gigantapithic wrote: You can't have it both ways.
Demand people stop talking about something but keep talking non stop about it yourself. You've even wandered onto the other bullboard. Your buddy Gizard doesn't even post on that forum and you're over there bashing.
You're not even telling the truth, 9 years? 9 years? It's been 4.5 years since DML bought FIS, which is about when the hit at PLS was made.
Grow up, ignore the poster and move on. You're posts on the NXE forum that are pumping NXE are getting bad ratings. Even the NXE bulls are tiring of you.
Looks like NXE having a good day today, holding well above $3.00 on some medium strength volume. Don't know if I'll get my chance to hit the bids at the price I want. Looks like it's broken that downtrend that was happening. Generally buyers seem happy with the debt/equity issue and like that NXE is cashed up.