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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 24682.30 0.18%
S&P 500 2711.93 0.18%
NASDAQ 7345.29 0.26%
TSX 15675.28 0.38%
TSX-V 831.15 0.00%

Resource Commodities

Name Last Change
Gold 1331.70 0.03%
Silver 16.54 0.18%
Copper 3.03 1.45%
Platinum 957.50 1.15%
Oil 63.40 2.11%
Natural Gas 2.67 0.90%
Uranium 24.25 N/A
Zinc 1.47 0.00%


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