I have a tough time with the timing of this GMP report. The results have been out since the first week of March and they waited till now to put this analysis out??

Only the drill bit will tell us whether the analysis is correct. In my opinion, it's a stretch for GMP to make such claims with such limited data (i.e. 16 holes into a 60+ hole program). Further to that point, talk to a geologist and they'll tell you the results from early March were pretty darn good. One guarantee going into such a drill program is that they would have misses. Especially given the spacing of the holes and the pre-determined grid locations.

As for the price target of $1.45, that valuation just doesn't seem rational to me when other analysts have guesstimated HAT probably already have somewhere between 30-40 million lbs of high grade U308.

Nevertheless, the markets are irrational, but I'll take my chances that the market will wise up once mass pessimism fades away or better yet, if we hit that monster hole!

Good luck to all...