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Bullboard - Stock Discussion Forum Nexgen Energy Ltd NXE


Primary Symbol: T.NXE

NexGen Energy Ltd. is a Canada-based company focused on delivering clean energy fuel for the future. The Company is an exploration and development stage Company, which is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It has a portfolio of highly prospective projects, including the Company's 100% owned Rook I property that is host to the... see more

TSX:NXE - Post Discussion

Nexgen Energy Ltd > Fighting the Shorts
View:
Post by retiredcf on Apr 26, 2024 9:50am

Fighting the Shorts

 
NEXGEN ENERGY LTD NXE-T 10.4%
BRP INC DOO-T 8.8%
ATHABASCA OIL CORP ATH-T 8.1%
LUNDIN MINING CORP LUN-T 8.0%
NORTHLAND POWER INC NPI-T 7.0%
LIGHTSPEED COMMERCE INC LSPD-T 6.9%
BAUSCH HEALTH COS INC BHC-T 6.8%
PAN AMERICAN SILVER PAAS-T 5.8%
ALGONQUIN POWER UTILITIES AQN-T 5.7%
FILO CORP FIL-T 5.3%
KEYERA CORP KEY-T 5.3%
WHITECAP RESOURCES WCP-T 5.2%
CHAMPION IRON LTD CIA-T 5.1%
CELESTICA INC CLS-T 5.0%
HUDBAY MINERALS HBM-T 4.9%
Comment by retiredcf on Apr 26, 2024 9:55am
Did not post well but NXE has the largest % of its float sold short at 10.4%. GLTA
Comment by KozmoT on Apr 29, 2024 3:57pm
Well they sure got burned today ... NXE up 6% on the day !! Yay!
Comment by investornot on Apr 29, 2024 4:22pm
I found confirmation of the shorting of NXE but it just didn't make sense to me given that in the short term Federal EA approvals should be obtained which I believe will give the price a boost. A very risky play! I unfortunately also see the next phase as holding some riskw from a M&A perspective or partnership as they head into financing the project. I am hopeful NXE will remain a ...more  
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