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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 30, 2017 6:57pm
236 Views
Post# 26639721

RE:an interesting article....

RE:an interesting article....Neither. Politics is what that is. Kazakhs are heavily influenced and financed by Russia. The Kazakhs plus the Russians control 60% of the Uranium market...if you were President Trump would you not want to have some influence there? It is not a coincidence that an agreement like this has been forthcoming JUST before the Kazakhs start their trading arm for KazAtomProm in September.
I would only be surprised at the absence of the US trying to influence Kazakhstan. What effect that will have remains to be seen. Also you are overlooking the fact that CCO has an ISL mine in Kazalkhstan already (Inkai) so fail to see how that is detrimental to CCO's business.
But we do live in interesting and highly profitable Uranium times.
Just waiting for this market to take off.
Malcolm
Bullboard Posts