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: Pescod Nov. 3rd.

Today we ask the same question to David Coffin of the

Hard Rock Analyst fame. Whereas Nicholas had picked four

stocks, Coffin gave us a longer list of about 12, but what

stands out at first was the two stock pickers had two names

that were on both lists.

Coffin points to Keegan Resources on that short but same

list and asks simply, “Why hasn’t it been taken over already?”

Keegan continues to build their resource in West

Africa which currently is one of the best environments in the

world to be looking for gold because you can get potential

mines into production so much quicker than in much of the

developed world. They want jobs over there and the permitting

process that could take four, five or six years in North

America, is a fraction of that in West Africa.

Coffin’s other pick that echoes Nicholas Campbell’s list

is Hathor Exploration. Again, one of the richest uranium discoveries

in the world over the last few decades, Dave Coffin

tells us that resource reports expected in the coming weeks

and months, should be coming up with much better numbers

and he suggests once we get past 50 million pounds of

uranium, the big companies around the world are going

care...whether they are Asian, North American, or whatever.

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