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Hathor drama casts spotlight on small uranium players

November 16, 2011

Tim Gitzel made a rookie mistake in September when he called Hathor Exploration Ltd. (HAT-T4.87-0.01-0.20%)overvalued.

You don’t get far as a hostile bidder with comments like that, and as it turns out, the CEO of Cameco Corp. (CCO-T20.12-0.43-2.09%)proved himself wrong on Monday when he was forced to raise his offer for Hathor after Rio Tinto (RIO-N53.34-2.01-3.63%)trumped his opening bid.


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Name Last Change
DOW 24750.80 0.25%
S&P 500 2721.14 0.24%
NASDAQ 7431.55 0.10%
TSX 16073.94 0.25%
TSX-V 775.21 0.00%

Resource Commodities

Name Last Change
Gold 1301.30 0.27%
Silver 16.51 0.97%
Copper 3.09 0.030
Platinum 901.50 1.01%
Oil 70.71 1.60%
Natural Gas 2.94 0.88%
Uranium 22.88 0.00%
Zinc 1.37 0.00%


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