JNR Resources Inc JNRRF

Newbie

[mike519]

Hey folks,

New to this board and am looking at picking up some JNN. Sold off some DML as I was way too heavy there and looking for another good U play...like what I have seen so far with JNN's upside potential.

Anyone mind sharing the Coles notes version of the pros and cons of this play?

Thanks!

Mike

[DrRoll]

Pros:- U3O8 spot price keeps going up.- Location: Large land packages in Athabasca core area beside Cameco and Denison.- Strong support from institutions, like Pinetree, Canaccord. Pinetree CEO becomes a board member and started buying recently.- Price: cheap. Though it moved a bit but it is still undervalued compareing to the peers and the history price.Cons:- Need more intensive exploration

[DrRoll]

sorry, that story 's for TUE. For JNN, I think it is even better as JNN has fantastic outcrop results like 28% U3O8.Just be patient.

[mike519]

Thanks again DrRoll,I was leaning a little more JNN's way. Will look a little deeper but I agree the upside potential is a little better here.Cheers!

[GenHandgrenade]

Mike. DrRoll did not mention that JNN has a highly qualified, experianced exploration team on staff. These guys have proven track records in the Uranium exploration field. In addition JNN has some of the most prospective properties in the Basin many with drill tragets defined. Ofcourse you can't drill it all at once but they have put some significant work into these properties.

[mike519]

Thanks Gen,I almost pulled the trigger at .33 today...shouldn't have hesitated. Will likely get in the next couple of days.Thanks all,Mike