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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

Energy
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 ssthvon Oct 19, 2017 7:34am
211 Views
Post# 26830162

RE:Seasonality

RE:Seasonality
profittaker1 wrote:
It really surprises me that no one is talking about seasonality when interpreting the market reaction to news results in October of all times...



This is not due to October. Uranium is in a bear market and and has been in there for a little while. In a bear market, news don't really matter, the smart money is still on the sides and looking at how low it can go. It is like bad news in a bull market, they don't necessarily imply that a stock will tank.
Bullboard Posts
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