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Bullboard - Stock Discussion Forum JNR Resources Inc JNRRF

GREY:JNRRF - Post Discussion

JNR Resources Inc > Undervalued?
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Post by CHEMLOU on Feb 03, 2011 11:12am

Undervalued?

On November 11, 2010, JNN reached it's 52 week high of
.52........Bloomberg U308 spot closed at $58/lb on that day. Spot closed at $73/lb last week.......is there any bad news out there.....or are we missing the boat?
Most of JNR's junior peers have been moving up with the market. When JNN gaps up, she is going to fly big time.
Comment by NigelDavies on Feb 03, 2011 11:43am
We are not missing the boat but we are not, yet, a producer. Explorers do not closely follow the spot price of the commodity they are searching for. Our time will come
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