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Bullboard - Stock Discussion Forum JNR Resources Inc JNRRF

GREY:JNRRF - Post Discussion

JNR Resources Inc > A proxy on Denison?
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Post by jackpinesavage on Jun 20, 2012 9:20am

A proxy on Denison?

Overlooked in rumors of a possible Cameco aquisition of Denison, is the incestuous

relationship DNN has with JNN.  Denison's multiple projects with JNN (Moore Lake, etc)

would seem to draw JNR into any buyout of Denison. Denisons CEO Hotchstein sits

on the board of JNR, and 3 of JNR's top officiers are former CCJ employeees.

If Cameco desires to head off RIO's interest in the Athabasca basin, it is logical

that a CCJ offer to buy Denison would include a buyout of JNR?  Any thoughts?

Comment by Shylock on Jun 20, 2012 11:22am
Yes, that is logical and potentially very lucrative depending upon what Cameco would pay for DNN.
Comment by ncusano on Aug 17, 2012 12:17am
It is a done deal!   Big cash coming in to the picture!
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