JNR Resources Inc JNRRF

Hmm...Its been a week...

[likesthelinks]

Its almost been a week since the big bump.   Yesterday Dundee securities  seemed to be lowereing the price all day.   Too busy to see who was trying to keep it low today but ITG Canada Corp.  has been buying plenty on the lows.   Haven't seen much selling from Cannaccord or the others who were buying everything under .20 last Friday.

I've already announced on another post that I am a newer invester in these markets.   What does everyone else thind????     I was very surprised at the run last Friday and the buyers were not the usual bank-brokerages.    Any Opinions????    I think Uranium is at a great enty level especially for the juniors.   JNN is one of my picks and has pleasently surprised me.   Any Opinions????

[Shylock]

Good company.  It has nowhere to go but up.  Has thorium also. Have personally bought a ton of it and am sitting tight.

[DRILLFILLBILL]

It IS a good company.  It could easily go down to .05 again if Greece has a disorderly default.  Hopefully that won't happen...I own this too, but it could happen. 

[Shylock]

Anything is possible but 5 cents is highly unlikely. One of the good things about JNR Resources is that it is not a PM company,  Therefore, it is far less likely to be manipulated by the bankster scum.

[DRILLFILLBILL]

Good point.

[DRILLFILLBILL]

March 9th will be key.  This is the deadline that private investors of Greek bonds have to accept the restructuring of the bonds, which will give them a 75% haircut.  If they choose not to accept the deal, that means they are counting on the Credit Default Swaps to profit from their investment.  If the CDS's have to perform, this could trigger a meltdown in markets worldwide

[likesthelinks]

Most Investors I know and most presidents of companies i know  (small Businesess)  have already counted and calculated in the fact they expect Greece to default.    I think plenty of investors out there have already shorted the market on Greece.    If Greece defaults.......short term pain and most are ready for it if it happens.    If Greece

[DRILLFILLBILL]

Great points!  I guess we just have to see what will happen.  One thing is for sure...one of us will be right!  How about this:War in the Middle East.  This could roil the markets too. 

[jackpinesavage]

We are all going to die, and for sure, another depression is inevitable! Whether either is emminent, is the question. We can live our lives ducking for cover, and if we hide our money in the mattress we lose 10% to inflation every year. JNR Resources is  very undervalued. That is your safety net. As for the greeks. Knowing many over my 60yrs I worry more about the ones you can't  see

[DRILLFILLBILL]

It appears you've had many Greeks sneaking up on you from behind??  Look, I'm not here to talk about your personal life.  I'm here to talk about JNR!   JNR IS undervalued, and I think it will be $10 or more in the next 3-4 years.  However, next week the Credit Default Swaps are going to be activated for Greece.  Jim Sinclair, who is one of