one to watch, page-2

JRV has had a reasonable amt of traders attention as of late due to the U3O8 play. The nickel laterite is the company maker, however it's a long time coming & a lot of people have been burnt by JRV before (see some of my previous posts/whinges). Typically there's a capital raising, optimistic news, quick off load and down she goes again. While I have no real idea of the daily trading rhythm JRV may experience over the next few mths (optimism/scepticism/holding pattern), this is the kind of news I've been waiting for. Does the MOU smack of desperation? (exclusivity for 6mths). Or is that just the way you deal with serious Chinese offers? No doubt this will definitely be something to keep on the radar & I'm sure the no. of shares as well as speculation as to the nature of the 'potential' deal will be tossed ard over the coming mths. March/April will be interesting.
Not offering any trading advice here - I've been sitting on a loss for quite a while! lol