Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by investornoton Feb 06, 2024 4:33pm
225 Views
Post# 35866184

A retiree's dream stock!

A retiree's dream stock!NXE has been a great holding since I first bought in early 2020. As I typically do I used ± 1/3rd of my holdings to trade peaks and valleys along the way so I had all my original investment out for quite some time already. 

Looking for a good exit point and had for some time a personal target for this to settle in around $12-$14 a share before its next run. Along the way I expect some manageable risks including the cost of construction and M&A's that in my experience do not always work out in the best interest of the retail shareholders. I hope to see this company make it to production without interferrence. 

Waiting currently on the Federal EA approval that IMO will give a boost to the share price. CCO which is leading the charge I expect will also see nice returns through 2024. I do expect gains to slow in 2025. If/when my targets are achieved I will possibly keep a small holding for S&G's and move the proceeds to dividend paying stocks, GIC's, spoiling my grandkids and an increase in travel spending. 

I don't expect to ever worry about retirement savings in part thanks to NXE. A good problem to have I must admit. GLTA...
<< Previous
Bullboard Posts
Next >>