RE:New report out today on NexGen from David TalbotAn interesting report Quakes. Makes a good read. I doubt it will have much effect on the stock price of NXE as the tide of investor sentiment with respect to Uranium has not turned yet. When that occurs...my guess is around late 2020......then it will move quickly to the target prices and probably beyond that. Well worth building a position in it at this time while prices are still reasonable. Currently investors are convinced nuclear power is not necessary and wind and solar can produce all the power required. They are of course wildly off the mark and when that reality strikes home (when the lights go off in countries like Germany) the money will flow back into the commodity. I feel we are some way off of that so not banking on any major moves this year...although I could be pleasantly surprised.
Malcolm
quakes99 wrote:
Cheers!