oze wolv - agree. not entirely happy with them selling out. well...

oze wolv - agree. not entirely happy with them selling out. well we will see in their next quarterly report.
i guess the more they cash out, the lower the discount in share price to holding value JRL should trade. having said that URA holdings are RELATIVELY insignificant compared to their EME holdings.
when EME shares are out of escrow, i think JRL would/should sell some (excluding future favourable drill results). the 35% discount to its URA+EME (heads and oppies) holdings are excessive imo. got in JRL late - discovered it at 1.05 but lots of upside to go. im tracking the discount to holdings on excel spreadsheet and it hasnt changed since 1.05!
at 1.25 (current bid) - its discount would be higher (approx 44%) than before (although thanks to the spike in sp in EME and URA- an expected retracement would therefore reduce that discount).