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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 Malcolm2001on Apr 02, 2018 9:19am
251 Views
Post# 27813631

Commodity cycles

Commodity cyclesTo provide some useful information as opposed to the string if garbage I have just read here. The chart in this article shows where various commodities are in their cycles. It is well known that commodities are cyclical but what is not generally understood is that they are often on different cycles (ie not synchronised). Of particular interest is Uranium of course but you may find it useful if you are an investor in other commodities too. As you can see - and asa I have been saying fo some time now - Uranium is not quite there yet and has  a little bit to go before it really takes off. But you can see that we are in the phase of consuming inventory and shutting down production. You can also see what follows next. So, suggest that you all take a look at this and decide if you can wait a little while longer. Now of course is the best time to buy when everyone else is pessimistic. However make your own decisions based on facts. Any serious commodity investor knows these cycles. Take a look and see where your money is best invested..
https://www.businessinsider.com.au/commodity-price-cycle-forecasts-macquarie-bank-2018-3
Regards
Malcolm
Bullboard Posts