Re: Recent Share Price Action

Hole 116: 2.5 Metres Grading 70.34% U3O8 / #10-200: 22.5 Metres Grading 11.3% U3O8 / #30: 69 metres grading 2.33% U3O8 / #10-188B: 7.5 metres grading 29.98% U3O8

ATHABASCA BASIN: WHERE GRADE IS KING!

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Mikeer69

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Re: Recent Share Price Action

in response to

Re: Recent Share Price Action

xol

posted on Mar 12, 2009 01:47PM

The Hendray project has not used the technology that ID'd the Roughrider zone yet - just to be clear.

I am excited too about that JV possibility. As for HAT as a whole, if they have conservatively 30MM lbs right now, the stock price should be $3.50/4 today, and that means if they miss completely which I highly doubt as they move towards the uncomformity. This thing should have major legs into the next drilling results is my opinion. Buyout may occur by June/July timeframe and things will progress quickly once the results are known.