Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Metals & Mining Industrial Metals & Minerals

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

Nexgen Energy Ltd

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Comment by shrinkon Sep 26, 2017 6:42pm

228 Views

Post# 26745189

RE:RE:RE:RE:RE:RE:Market anticipating Drill Results tomorrow?

Lol Cigar Lakes problem were water, sound familiar glug glug.

gizard16 wrote: LOL, Easy to Mine mon ami. That's what Cameco thought about Cigar Lake. That $8.37/lb. will more than likely move up considerably. After all, it's just a preliminary estimate.
Good Luck. Sure is a big interest payment to be paid every year.

shrink wrote: Easy to mine, 1/2 the cost of fission to mine a pound, no water issues, high grade, new shallow high grade across the road. 200 million in the bank unlike its neighbors who will need cash and there will be none to be found.Makes fission redundant so I'll stick with NXE. Not to late for you to get smart.

gizard16 wrote: At the depths of the discovery there is few if any that are interested in it. Add in the huge debt that they are servicing and you wonder how long they can survive.

shrink wrote: You may be right. New zones may make a difference however. Spot is really where the issue is. Can you imagine a jump in spot and a resource of 4-500 million lbs of uranium. Very few exploration companies with that sort of inventory.

dhcr985 wrote: Market doesn't care about anticipated drill results. This isn't going to do squat for the stock until the spot and LT pricing of uranium goes up.