Post by
investornot on Jul 17, 2024 11:25am
Better days to come
Seems getting sustained upward momentum here is lacking of late.
Definitely not saying it won't happen in the short term and in fact I am relying on the Fed approvals to not only give NXE a boost but to allow it to separate itself from other plays. Bonus if updated drill results continue to impress. Added bonus if on approval an announcement comes soon after as to the start of construction and the procurement of the funds needed to build the mine.
Lots at play here and while the Fed approvals may well be already factored in to the current price (at least in large part) there is plenty of upside to come.
Bought more today and have some funds that come available in early August that I will also use to add to my holdings if the price hold below $10.
Honestly I believe that NXE should be trading in the $14-$16 range with higher potential based on news that is expected to come if it meets or exceeds market expectations.