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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 MegaMAxTZon Aug 08, 2019 2:17pm
150 Views
Post# 30007916

RE:RE:RE:NEWS

RE:RE:RE:NEWSThis squawking back and forth between Nexgen fans and Fission fans is just ridiculous. How about Uranium stays at $ 30/LB for the next 5 years and then it will not matter because neither would be mined - EVER - because Nuclear Power Plants would be shut down in 2024 due to the lack of Uranium to run the plants. Cigar shut down, Cameco on fumes and even KAzak's on fumes.

Uranium at $ 30/LB in August of 2024 -anybody think so ???????? Don't think so. Both Nexgen and Fission LBS will be mined someday by somebody.

Big picture is World Economy is about $ 65 Trillion Dollars. Trillion. 100 % of current Uranium market is currently about $ 10 Billion. That is a very small % . Very few care except us shmucks on these boards who follow this and believe in Nuclear Power long term and believe Uranium someday will make a BIG move. At least I do.

How about owning both companies. HMMM? Bought some Nex at USD $ 0.48 and sold $ 2.20.  Now back again for another run. Fission will hit $ 1.50 + in the future. Easily.

If this overall U  sector share dumping moves into 2020, man oh man is this going to be fun
indeed. Need a bigger U truck.

Uranium at $ 32 LT at this time next year in 2020 ??? Unlikely but who knows. Although I must admit in August of 2018, did not believe we would be at this level in 2019. Patience is hard that is for sure.

MM
Bullboard Posts