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Compiling comments that experts make about stocks while on public TV.

2017-01-11

Opinion for NexGen Energy (NXE-T)

Signal Price Bias Subject Owned
COMMENT $2.270 UNKNOWN CANADIAN & FIXED INCOME No

A uranium exploration play. They are sitting on about 200-220 million pounds of uranium. It is very likely this is an asset that will get developed. A world-class deposit, which may attract the attention of some major developers. Uranium has been a dark cloud for a long time, and prices have been trading below the cash cost of production until very recently. At higher uranium prices, this is a stock that is likely going to be a take out. He likes the company.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council

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