JNR Resources Inc JNRRF

RE: How about....

[megphi]

Destinator, what you posted has re-assured me of what I've thought for a long time, that it was in the interest of another junior in the basin to keep the JNR share price below $0.10 so to ensure that Rick could not do a PP because of the $0.10 minimum. I am not entirely against a merger, but let's make one thing clear, it would not be a merger of equals. I can only infer that you are referring to UEX since you post there on a relatively regular basis. Let's be clear that UEX has no property with the potential of a McArthur River. Yes, the West Bear property did have decent drilling results, at a decent depth, but by no ways would it be considered a motherlode property. The property now being drilled by UEX is a follow up on a previous drill result that got an "assay equivalent" grade of 0.25% uranium over 50 centimetres at a depth of 700 metres. Do you know how expensive it is to get a mine going at those depths? The one thing UEX has going for it is that it has money and an ability to be able to raise some with ease. But let's be clear, no UEX property has ever intersected 12% grade uranium. The scary part is that JNR's hole 25 at Moore Lake appears to be at the very western tip of an ore body that extends over 100 metres to the north/nort-east. Wait until we drill just to the east of hole 25. I truly believe that consolidation is the best option. Why share Moore Lake with anyone else. We have just about $100,000 committed for a PP from the people who follow JNR on this board and we are intent on making sure that Rick does not give the property away. All we need is enough for 5 more holes and we won't need mutual funds because the property will be sold off for an 8 or 9 figure some. If you are not reffering to UEX, who do you suggest the merger would be with? And, why would a merger be beneficial to JNR shareholders? You can have all the money in the world, but no uranium equals no mine.