EXPM:JNEXF - Post by User
Comment by
livermore2on Jan 16, 2014 8:07pm
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Post# 22101654
RE:RE:RE:RE:JNX WAY UNDERVALUED
RE:RE:RE:RE:JNX WAY UNDERVALUEDI totally agree with you ACE. last fall I wanted to take a position in PEA but the more research I did, the more I was pulled towards jnx. I pulled the trigger on jnx due to cash on the balance sheet, the revenue they generate plus they have a drilling arm which is sure to ramp up when drilling returns to Quebec along with the very similar land positions as PEA. JNX also has shale gas properties in the lowlands fairway and a slice of property close to where the PCQ conventional gas discovery was made so lots of upside here! PEA will do well too I just think JNX is a better deal at the moment, but that's Mr. Market for you.