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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 teeveeon Sep 04, 2018 1:03pm
122 Views
Post# 28559738

RE:RE:RE:RE:RE:RE:RE:OH-OH--to late their going crazy---

RE:RE:RE:RE:RE:RE:RE:OH-OH--to late their going crazy---building a dyke is easy. Then a clay water barrier wall has to be made along the top of the dyke, and down through 50-100 meters of glaciofluvials and till. An unknown risk is large boulders in till that would dramatically slow down and increase cost of the clay wall. This clay wall only goes to the top of bedrock. There is no way to mitigate water ingress into an open pit from the top  50 meters of fractured bedrock. Water ingress volumes would be be very very large, and require a huge and costly water treatment plant, if volumes could even be handled:-0 (water from uranium open pits cannot be discharged without being treated). This alone could render the project uneconomic.  

LinkLeisure wrote: Umm - I hold both NXE and FCU (more FCU - made more money on NXE earlier though) - FCU's highest grades and majorityof pounds are under lake yes - fairly easy, albeit expensive to dyke it - the lake is pretty darn shallow, so, yes snorkle and fins is all you really need, not scuba.  And, FCU is starting to find very shallow, under land, high grade.

NXE is unlikely to have an open pit - sounds like you are just trying to bash FCU and Dev,  on NXE forum.  NXE is amazingly high grade and dense/rich, but significantly deeper - the sooner these two rivals/competitors get together and share costs of a mill and other infastructure the faster we all make lots more money.

Both are amazing deposits.


Bullboard Posts