RE:RE:Everybody Loves NexGenThis is a no brainer stock. I bought when I first saw the drill results with such high cps. Bought for 60c and the company has been great delivering fantastic result after fantastic result ever since. Its stock price does not even begin to tell the story of the true value they have found underground. I believe they have only scrathched the surface of what is there and I am confident that this will be a billion pound deposit..
It is the biggest Uranium find anywhere already and remains open in almost all directions and at depth.Nobody thought to look for Uranium at the edges of the basin. NexGen (and their former geologist James Sykes did. It is THAT type of aufdacious out of the box thinking that has delivered these results and I firmly believe they will continue that type of thinking through the development of the mine and that may happen a great deal faster than many think.
The big issue for regulators is management of tailings ponds. For NXE there will be no tailings ponds as the waste material is processed with concrete and placed back undergound from whence it came. Hard to find an environmental argument aginst that.
So for me...not related to anyone in NXE...but this company is going to be the next CCO.
Only time will tell
Malcolm