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.

 

Subscribe to the RSD email list and get the latest resource stock activity directly to your inbox, for free.

Part of the Stock Digest family of websites

Small Cap Stock Digest

MARKET SUMMARY

INDICES

Name Last Change
DOW 25760.20 0.06%
S&P 500 2820.56 0.13%
NASDAQ 7747.83 0.24%
TSX 16165.60 0.01%
TSX-V 638.75 0.00%

Resource Commodities

Name Last Change
Gold 1313.09 0.16%
Silver 15.50 0.13%
Copper 2.92 0.000
Platinum 872.50 0.24%
Oil 59.83 1.34%
Natural Gas 2.82 1.91%
Uranium 26.50 2.32%
Zinc 1.29 0.00%

@RSDigest ON TWITTER