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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 Aug 11, 2017 5:51pm
212 Views
Post# 26573079

RE:What if...

RE:What if...All things are possible but I would add this. Following Fukushima WANO (World Association of Nuclear Opreators)  provided lessons learned to all its members and has followed up to ensure plants are no longer vulnerable to such events. Remember also that the plant itself was undamaged by the earthquake itself and had the experts been listened to the sea wall would have been much higher and prevented this from occurring. Many plants around the world have reviewed their design basis and alot of money has been spent by the industry in making them virtually immune from natural disasters like this. So while I will never say never the likelihood of another Fukushima is very very slim.
As far as countries moving away from nuclear...that is always possible since most left wing parties hate nuclear so when they get elected they do their usual and expected rant and rave about going solar and shutting down all the nasty nukes (actually THE cleanest and safest form of electricity generation there is). Sweden is a very good example. They had grand plans to shutdown all the nukes until the reality hits between the left wing eyeballs and they find out that taking off all your base load power causes the lights to go out....politically very unpopular. The lefties like their A/C too much.
So in summary no I do not expect another Fukushima but the market does so that is another reason to buy unloved Uranium. Best contrarian play out there bar none.
M
Bullboard Posts