GREY:JNRRF - Post by User
Post by
megphion Nov 19, 2003 3:56pm
244 Views
Post# 6673270
UEX.............no comparisson
UEX.............no comparissonUEX shareholders must be rejoicing. Their share price is up to $0.18 and their market cap is now $18,000,000. JNR's market cap is below $5,000,000. I bring attention to this because I believe that JNR's prospective properties are better than UEX's. Again, that is not to say that UEX's are bad, I just feel that JNR's (especially Moore Lake) are better. Once we consolidate and do a PP with a brokerage, and the newsletter writers start writing, our market cap will be more reflective of JNR's true prospective value as more shareholders will be made aware of the company. Again, UEX must be up in share price because of upcoming good news, but if JNR had UEX's market cap, then our share price would be $0.40 in today's share structure. Now with our association with IUC, I really believe that JNR is the company to be with if you plan on playing the prospective uranium game, in lieu of the nearly doubling of the uranium spot price ($13.25/lb) over the last 3 years.