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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (68)	1/25/1998 12:17:00 PM
From: Traveling Man	Read Replies (1) \| Respond to of 30102

BBOB, Are you invested already in a U jr.? I am not, but an intriguing candidate is JNR resources. V.JNN. Reason being is they have as their explo man the former minister in Canada over the national resource post. According to an article I read 6 months ago, he already knows where the areas are and JNR has staked them out. They just signed a VERY favorable jv. with KENNECOTT after 2 other offers were turned down.They have $ for 98 drill program, but it looks like Kennecott must do the lion's share of funding. The jv. is the most favorable I have seen for the jr. partner in my couple of years of spec. investing. The farm is not given away, so I suspect these majors are convinced the asset is on JNR properties, otherwise they would tell JNR to kiss their A.. Be interesting to hear Tango's assesment here. If you are interested, www.gigweb.com will take you to their webpage. TM