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dr_airtime

04/29/16 2:22 PM

#17167 RE: CPTMatt #17165

NXE.V - not waiting around...

...Some trading algorithm moved NXE down to that $2.00 level I was talking about last week but market didn't budge and looks like institutions will need to buy in $2.20-2.30 range.

NexGen had CAD $34M in cash in $34M of working capital so are fully funded for 2016 exploration so the Canadian institutional investors who were waiting for correction off of runup off first resource announcement have to buy at these levels.

I'll stop posting on NXE if everyone wants as definitely not a microcap anymore LOL!