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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
Post by sounds20on May 19, 2019 1:18am
95 Views
Post# 29759217

Cameco Land News

Cameco Land NewsPremier Scott Moe has formally floated the SMR nuclear option balloon during the current election campaign:

https://www.cbc.ca/news/canada/saskatchewan/sask-could-use-smaller-nuclear-reactors-1.5139968

Years ago, Saskatchewan passed on going nuclear.  Now, forced to retire its coal generation, it is revisiting that decision.  Nixing nukes turns out in retrospect to be a pretty big missed opportunity akin to the 1959 cancellation of the Avro Arrow.  Consider this engineer's response to the above story:

"In 1993, I was a member of a team of 100 engineers who moved from Toronto to Saskatoon to build a 300MW nuclear plant in Saskatchewan (like that mentioned in today's news story). The project was stopped soon after we arrived by the new NDP government, at significant cost to the province. What if we had continued with that work [sic] 36 years ago? What would be Saskatchewan's current position in energy generation, and technical leadership? The future is unknowable. Decisions blocking PROGRESS in any field, nuclear energy or pipelines or any other advancement, risks producing unintended consequences."
Bullboard Posts