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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 Mar 20, 2018 6:23pm
246 Views
Post# 27749771

RE:Uraniiiiiiiiium

RE:UraniiiiiiiiiumI would be pleased to do that Bullogna.Firstly my preference is Uranium stocks with mines , potential mines or properties that are in stable political and mining friendly jurisdictions. In most cases that is Australia, Canada and the USA. That does not mean I discount all others routinely....one interesting developmenmt is the GovIex operation in Niger....I just have a preference for political stability.
So here are a few of the stocks I own and why. 

1. NexGen: Not much more to say except that it is the largest find in the Athabaska and is many times the worlds average concentration of U3O8. It is a no brainer.
2. Dennison Mines. DML has some good properties and is also the manager of Uranium Participation Corporation. Considering their assets they are trading for silly money right now. Good management team...know their stuff.
3. Appia Energy: They own the old Elliott Lake property in Ontario plus a  few other prospective properties in the Athabasca Basin (Loranger). The main reason I like them is their Senior Geologist is Mr. Sykes who was the discoverer of Arrow deposit when working for the NXE team. That guy can smell Uranium I think.
4. Mega Uranium I like because it has a significant shareholding in NXE so will benefit from that when NXE goes into production.
5. Cameco: Again with the assets they own the current price is ludicrous. A bargain. Some issues with the taxman in Canada (US issues are resolved) buy that is already baked into the price.
6. UPC: This is a Uranium trading play. It buys U3O8 and UF6 at low prices and stores it for when the price goes up. You can bet your last dollar that they have amassed alot of Uranium at dirt cheap prices (they are buyers on the spot market) so once the price starts to move up they will make a lot of money. This is especially because it will take time to restart closed mines so there will be a period where Uranium will be in short supply and they will be the folks to go to if you need some urgently.
7. PurePoint Uranium Group (PUG). They are instrumental in developments along the boundary of NXE's Patterson Lake corridor deposits that look promising.
8. Paladin: After their debt restructuring they have survived and are trading at only 16c AUD. They still own 75% of the Langer Heinrich Mine in Namibia as well as Kayalakera which is in care and maintenance. A great position to be in once Uranium moves.

I own a few others but there is a bunch to do your own homework on.

Hope that helps

Malcolm
Bullboard Posts