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: HAT is building value

HAT is building value

posted on Apr 15, 2009 03:31PM

HAT is really building value for the shareholders here. Now that HAT has spun off MAX Minerals and is quickly increasing pounds at the Midwest Northeast Roughrider project it is hopefully only a matter of time until we get a bidder for the Midwest Northeast (Roughrider) project. How would they handle this? Would we get an outright cash offer or cash and shares from the successful bidder for this property only? This would still leave us with HAT's other properties, in particular Forum/HAT Henday and NCR/HAT Russell projects, ie I would like to assume we would still keep our shares in HAT as they go forward with the other projects.

bc

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