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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Message: Explanations?
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Explanations?

posted on Mar 31, 2009 11:14AM

The price action on Hathor is strange, especially considering the fact that results are due any day...

Possible explanations?

1) Something has leaked and it is not good

2) Big players are trying to hit stop losses to pick up more shares lower - could part of the strategy be to use a large cross as seen today to give the appearance of a lot of volume and price movement down?

3) Somebody has shorts to cover and is trying to work the price down as in 2)

any thoughts?

stone

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