GREY:JNRRF - Post by User
Comment by
megphion Feb 10, 2004 7:03pm
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Post# 7035627
RE: IUC s trading up nicely
RE: IUC s trading up nicelyI wish JNR had a better Investor Relations arrangement. I wish investors were more aware of the looming supply crisis in the uranium industry. I wish we were trading at $1.00. However, having said all that, I believe Rick is doing a great job and that he is spending his time and resources to ensure that the project speaks for itself. I believe the drill results will be better than expected and I think we will see a 2nd drill rig on Moore Lake before the end of the winter drilling season. Having said that. I would be extremely surprised if we were not trading over $1.00 by Easter.
Although I'm always worried about a sweet-heart deal for IUC, I want to point out that since rumours of this deal began on October 21, JNR has gone up 407% and IUC has gone up only 82%. I think it is the shareholders of IUC that might want to make the arguement that their shares price has not done as well as JNR's.