Welcome To The 300 Club HUB On AGORACOM

We may not make much money, but we sure have a lot of fun!

Free
Message: Cameco to buy Hathor

Ebear. I notice that this was your top pick on Aug 16.Then closed at 2.89.Now at 3.88.That;s what I like about this Board.People put picks on here that they believe in.Good work Hub Leader.

Thanks stockcall, though I have to admit the Cameco offer took me by surprise. They're the natural buyer of course, but I expected they'd wait a bit longer. Taking advantage of market weakness I suppose. Can't slight them for that. As I mentioned, I'm out, but I do agree that this is a low offer and the arbs seem to think so too. From friday's action I'd say they're pricing $4 which is still too low. Dundee's $5.60 target makes more sense in a normal market, but this is anything but normal right now and raising cash was more of a priority for me than holding out for another 10 or 20%. Again, good luck to all longs - I hope I sold way too soon:)

ebear

Share
New Message
Please login to post a reply