GREY:JNRRF - Post by User
Post by
ytriguyon Jul 05, 2003 5:59pm
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Post# 6222082
consolidation not a certainty
consolidation not a certaintyIt seems that everyone on this board feels that consolidation is a done deal. Obviously someone starting rumors again. The only reason Rick even brought it up is to put a fire under the majors. Come up with a deal or we consolidate and do it ourselves. I believe it's a smart play. The majors like to push around the juniors, but in this case I think Rick has had enough of the delays. Trust me---NO-ONE wants to drill more than Rick. They've seen the core samples. They no that the possibilities of a major strike is there. Cameco's reserves are running low. They NEED a major find. My guess is that of the 3 or 4 possibilities Cameco will come through with a deal in a few weeks and at that point consolidation won't be necessary. Either way, Rick intends to drill this Summer. As shareholders we should either support him or sell our interests and look for something else.