Nexgen Energy Ltd T.NXE

Today's conference call was good

[investornot]

Stopping short of saying great (compared to what is already known) as the need to provide responses to questions to obtain Fed approvals will now be pushed back a little, but not a lot hopefully. A good question was asked by one analyst who enquired that if the Fed approval is delayed until this Fall did that push back the start of the mine construction further due to weather conditions in northern Sask. Answer from Leigh Curyer was no. Construction can/will proceed at any time of year. 

Most of the discussion today is on the new find in the Patterson corridor which I agree has great mid term potential here. In todays call even Leigh was not wanting to appear overly enthusiastic about the drill results as a lot more drilling and analysis needs to be done before the true scope of this corridor can be determined. Of interest though was that he intends to initiate the regulatory process on this area as soon as possible. One other key takeaway from Leigh's comments was that this find is on 'dry' land. Whether it has all the same attributes as Arrow remain to be determined, and it may be found at a later date to surpass Arrow? 

IMO this clearly shows that the mine life for Nexgen will go far beyond predictions as the full extent of uranium reserves in this area become better known. That should garner the attention of Institutional investors and help push forward the mine and mill construction. 

All good... or dare I say Very Good!

[KozmoT]

Can you imagine if this turned into Arrow II ?!?!  

[Uraniuman308]

Could possibly be better by initial indications.