JNR Resources Inc JNRRF

RE: News Release - JNR raises $700,000

[megphi]

What do you guys think about the last little bit of the news release that talks about JNR potentially acquiring and exploring a gold property. That's another commodity enjoying a nice run-up. It crossed $400 an ounce and has yet to retrench. I wonder if there is any coincidence that IUC is both in gold and uranium. Would make for a nice take-over of JNR if they are successful in any one of the drill programs. Hypothetically, they take-over JNR and have uranium and gold projects in both Saskatchewan and Mongolia. Guess who else has similar properties in those areas - the big bad $4 billion machine known as Cameco. IUC is then bought out by them. This will happen as long as the uranium exploration in the Athabasca Basin and the gold exploration in Mongolia are successful, and the commodities remain high into 2004. That is why IUC is being so aggressive