GREY:JNRRF - Post by User
Comment by
megphion Oct 27, 2003 11:04am
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Post# 6566235
RE: thank you for quick reply
RE: thank you for quick replyIUC has made a joint venture agreement on 2 properties owned by JNR Resources. JNR Resources is a separate company with other properties and a top-notch geologist. They have diamond and gold interests as well. It is important to note to new followers of JNR that IUC did not buy JNR out. They are partners on the uranium play in the basin (Moore Lake and Lazy Edward) but both companies have other interests. I believe IUC is looking at gold in Mongolia just like JNR has interests in diamonds and gold. The need for a PP in to further investigate and explore these interests and to run the company.