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Gold/Mining/Energy : JNR Resources (V.JNN) URANIUM JUNIOR

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To: tango who wrote (231)1/5/1999 8:58:00 PM
From: Leigh McBain   of 259
 
PS - I do not believe that JNR has any intention of being the operating entity in a mine regardless of what happens, that is why I do not believe that the current state of the mines around the world is the significant factor. Kennecott obviously agrees or they would not be expending any sort of capital on this project, they would just shelve it. They are a company to whom an "in the ground asset" would still have value, even it is 25 years before production.

Salut,
Leigh McBain
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