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: From Pescod today:

HATHOR (T-HAT) $2.30 +0.06

At this past weekend’s Money Talks mining conference,

gossip amongst the few uranium participants centered

on with Hathor and Terra now united, it makes it a

bit more manageable for a potential buyer to grab those

rich assets without complications of book work.

With Fission close by, somebody big might grab the

whole area, but who we ask many of the participants.

Well there is plenty of talk about the South Koreans

most seem to think. If there is a buy-out or potential

takeover, many suggest it is going to come from Denison.

The question is, how would Denison finance such a

takeover or structure such a deal and would people care

for that kind of deal?

Anyways, Mike Gunning, President of Hathor, will be

on the Commodities Show on BNN at 11:30 est time tomorrow,

wonder if he’ll be asked about potential takeovers?

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