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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 Jul 13, 2018 11:24pm
187 Views
Post# 28315587

RE:Gone into sleep mode

RE:Gone into sleep modeDifficult to say Investornot I would like to think that is the case but this is such an unusual market and major announcements have tended to have negative effects on stock prices.I doubt even a fantastic PFS will move it.It is going to take a major upswing in the price of Uranium to move any stock in this sector. However that event cannot be far off and my guess still stays at late 2020 before the big moves will occur.
investornot wrote: Interesting trend that the price has been very narrow and the volume has been all but non-existent (relatively speaking). 

I see this as being a cautionary optimistic sign to allow for an announcement that will move the price significantly. Of course being an optimist and with the PFS to come I see that as being upwards. 


Bullboard Posts