JNR Resources Inc JNRRF

RE: Insider Trading

[redrose]

Kusmirski is the only insider buying. The VP has barely touched JNR stock this year. A lot of the shares Kusmirski picks up are given to him through stock options. The only confidence he has in his company is in his retirement property in Arizona. The only way JNR will do anything is if they find uranium which is unlikely with the properties they have in Saskatchewan. They need grades equal to the high grade deposits of Cameco considering where there properties are. They are so far from roads and power there is no way a major would buy into JNR. Management at Cameco fired Kusmirski (president) and Billard (VP) for a reason and there is little hope of a deal with Cameco.
This company is a slot machine all right, one that won't be paying out for a long while. I wish I would have sold all my shares at $4. It will never get back to those levels again.