JNR Resources Inc JNRRF

RE: Buy on Rumour Sell on News

[megphi]

May I ask why I should be 75% out now? Is spot uranium going down anytime soon? Is $0.43 an expensive share price if there is a mine at Moore Lake? Is the uranium frenzy over or is it just in its infancy? I would argue that, up until now, I have made better decisions than you on this play. That may change, but I am holding on for the time being because I think there is a lot more upside in this puppy yet. Afetr all, I don't think that Dundee, Griffiths McBurney, Toll Cross, Bolder, Octagon, and Woodstone combined would have picked up just shy of 2 million shares net at an average price of just about $0.40 if they didn't believe there was a huge upside from this level.