JNR Resources Inc JNRRF

RE: sector strong, but NOT a "sector" thing

[megphi]

I may be out to lunch again, but the more I think about, the more I start to believe that IUC may be on the verge of buying JNR out. They've set up an advisory committee and they know how good the first few holes are. They will not announce results until they have a few more holes, but you can bet your bottom dollar that they have the results of at least 2 holes and probe results on the others. If IUC believes they have something at Moore Lake, why drill more holes and have to pay more for JNR? Why wait until uranium goes to $20/lb and have to pay a higher premium? Is it possible that Dundee, Griffiths McBurney, and Toll Cross are working with them to formulate an offer for JNR and thus all their buying. Are they also driving the price of IUC up in order to pay less for JNR if the deal is an all share deal? Again, I could be out to lunch but if the results are good, I don't think IUC will wait long to buy JNR out. The longer it goes, the more it costs.