RE: RE: Athabasca Focus: Gen, A lot of speculation on more acquistitions in the Athabasca Basin.
UEX is up 22% today. Similar to JNR. UEX has 18 properties in the region,
5 employees, and no production. Everyone agrees Cameco will likely
try to acquire other assets in Athabasca in attempt to protect itself from
being outbid and outmanuvered like Rio did with Hathor.
JNR has close ties with both Denison and Cameco, and I could see
either, or both being buyout candidates. It will get interesting if another
suitor like BHP enters the picture?