cdchi1 as I mentioned on the EME site I would love for EME to offer us around 2.5 EME shares for every JRL share just so no predator takes out JRL. This would equate in monetary terms around a dollar value. Costing would be 36 million dollars which if you look at PDN'S balance sheet could be easily achieved in a T/O bid of the 40% JRL stake in EME??!! The resource upgrades are due at the end of March for Bigrlyi so I am now wondering if something may happen before then??
JRL Price at posting:
42.0¢ Sentiment: ST Buy Disclosure: Held