http://www.stockhouse.com/companies/bullboard/t.nxe/nexgen-energy-ltd?threadid=24449299
nexgen energy...
Hedge fund manager Warren Irwin, CEO of Toronto-based Rosseau Asset Management, has been among the buyers. Irwin visited the Arrow site and undertook extensive studies of NexGen, including a hand-drawn model of all the Arrow drill holes that took several weeks to complete.
From his firm’s research, Irwin concluded that NexGen is dramatically undervalued. Rosseau Asset Management is now a large institutional shareholder, with a high single-digit-percentage stake in NexGen stock.
The hedge fund manager considers NexGen his best idea in the last 5 or 10 years, especially considering the derisking drill data that has been published.
“In a healthy market, when a junior makes a big discovery, not only is every pound in the ground fully valued by the marketplace, but there’s also a 30% speculation premium because people know the deposit is going to grow,” Irwin said............
Since discovery, NexGen has raised approximately $70 million to advance Arrow. Shareholders include Rosseau, Blackrock, Fidelity, 1832 and CQS.
=============================================
however....it appears a couple of birds have flown the nexgen coup???????
http://quote.morningstar.ca/Quicktakes/owners/MajorShareholders.aspx?t=NXE®ion=CAN&culture=en-CA
