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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 VentureTrader1on Mar 19, 2018 3:57pm
190 Views
Post# 27742010

RE:How anyone can be bullish the Uranium market is beyond me

RE:How anyone can be bullish the Uranium market is beyond meThe next few days will be 'catch down' for NXE, as it normalizes in price relative to URA.  But given that the market hates this sector, NXE, given it's status (not producing and no longer an exciting exploration play) will be set up to give back all of its nice gains over the past couple of years.  Maybe in the 2020s there'll be a future for them, if they're still in business, but in the short term they're storing up to unleash a world of hurt on any stubborn long.
Bullboard Posts

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