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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
Post by investornoton Jan 15, 2018 11:08am
179 Views
Post# 27358904

Price has been slipping

Price has been slippingEither by indifference or design. Market focus right now seems to be on weed stocks and bitcoins. I'd rather not chase after the elusive brass ring when I feel I am invested in a very solid stock that should outperform in the short to mid term. 

Not sure it was sell on news today, or simply a continuation of the downdraft of the past couple of weeks. Regardless it should IMO be short lived. Time is ticking and the PFS is coming closer with each passing day. That should see an updated RE and bring renewed attention of retail and institutional buyers. 

Even though we have been put in something of a holding pattern, I honestly did expect that we would gradually rise to or above the $4 level before the Spring. Still do, so I did add a small amount at the opening today. 
Bullboard Posts