JNR Resources Inc JNRRF

RE: Share price being held back?

[redrose]

In my opinion JNN is at the price they should be.

1.    They have nothing in the way of worthwhile prospects. The assay values that have been reported from the Way Lake area are too low to create any excitement. As well as being so far from infrastructure they would have to have McArthur or Hathor grades to make it worthwhile for a Cameco to buy in. Thats not going to happen with the current properties JNN has.

2.    There is a reason the current management was let go from Cameco. The VP is so lazy he can barely carry a conversation let alone his own body weight. They have cashed in when the s/p was $4 and are just coasting to retirement.

I still hold JNN but don't expect to profit from the current plan JNR has. If they actually had a few worthwhile showings it might be interesting, but I'm not expecting any new high grade intersections from these guys. They are not in the right areas. They think they are going to hit a home run where they are. Its more like constant foul balls.