The Conversation (0)
NexGen Energy Ltd. (TSXV:NXE) received a reiterated “buy” rating from Dundee Capital Markets, who suggested that drill hole AR-14-30 at the company’s Rook 1 property was a “Barburner.” The analysts noted that NexGen’s stock jumped 35% on drill results indicating “exceptionally strong mineralization over significant intervals.”
As quoted in the press release:
Drill hole AR-14-30 is being explored to determine the depth extents found at hole AR-14-15, which has already produced the best assays so far at the Arrow zone. The surging share price reflects investor confidence in what’s yet to come. The company is currently exploring the Athabasca Basin in Saskatchewan, Canada. The Athabasca Basin is already the world’s highest-grade uranium location and tenacious exploration came good for Fission Uranium (FCU:TSXv, FCUUF:OTCQX), a $415m company just 6km away from NexGen Energy’s Rook 1 property.
Click here to read the NexGen Energy Ltd. (TSXV:NXE) press release
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