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JNR Resources Inc JNRRF



GREY:JNRRF - Post by User

Comment by jackpinesavageon May 24, 2012 12:46pm
309 Views
Post# 19942312

RE: RE: Athabasca Focus:

RE: RE: Athabasca Focus:

Gen, A lot of speculation on more acquistitions in the Athabasca Basin.

UEX is up 22% today. Similar to JNR. UEX has 18 properties in the region,

5 employees, and no production. Everyone agrees Cameco will likely

try to acquire other assets in Athabasca in attempt to protect itself from

being outbid and outmanuvered like Rio did with Hathor.

JNR has close ties with both Denison and Cameco, and I could see

either, or both being buyout candidates. It will get interesting if another

suitor like BHP enters the picture? 

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