GREY:JNRRF - Post by User
Comment by
GenHandgrenadeon Jun 26, 2009 1:26pm
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Post# 16101503
RE: RE: RE: RE: RE: Insider Trading
RE: RE: RE: RE: RE: Insider TradingHey redrose.
So you have some arm chair quarter back sources in Sask do ya.
These obviously expert arm chair sources in Saskatchewan who actually know what Urainium is should also know that finding high grade Uranium is not easy and once found takes time to prove out a mineable resource.
Also if your arm chair Quarter Back sources knew anything thing they would know that at Way lake the number of showings containing mineralization is a very good indicator of a significant deposit on the property not to mention the 500 meter wide by 1.5 kilometer long area of surface outcrops grading .044 to .453 % Uranium that was found last year. See the MD&A.
Ask your arm chair quarter back sources how much JNR would be worth if that area turns out tto have consistent grade of say .1% across 500 m for 1.5 k and extended to dept.of say 500m not to mention the good potential of some high grade deposits in and around that 1.5 k area.
It is apparent by your postings that you are not the sharpest tool in the shed but even you would know that selling at $4 bucks would be giving your shares away if JNR confirmed either of those.
As I recall Uranerz scratched and drilled around the Key Lake property for a long time chasing showings and had decided to pack it in but decided to drill one more hole which turned out to be the discovery hole.
Sell your few hundred shares and move on red it is clear you do not have the stomach for speculation in uranium exploration.