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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 Oct 23, 2018 8:35pm
167 Views
Post# 28860813

RE:RE:RE:RE:RE:production

RE:RE:RE:RE:RE:production
Yes. It is the biggest in the world with perhaps the exception of Olympic Dam in Australia which is really a copper mine that produces Uranium as a side product. When all of these new finds are added in it is a very significant deposit. It makes all this nonsense I hear that it will never be mined sound ludicrous. Most of the worlds current mines are finished in 15 years...mined out. New reactors being buit need Uranium for 80 years so many more mines need to be developed to meet that requirement.
When the investment world does wrap its head around how big it is and how cheaply it can be extracted we shall all do very well. Just be patient and let the market do what the market does...gets it wrong and then corrects sharply. It will do that with U in general and with U stocks that have proven deposits.
As far as an FCU/NXE merger. I doubt that Curyer has any desire to partner with FCU but who knows. Deposits are close geographically so I could see a shared mill deal but not much else.
Bullboard Posts