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Cameco (CCJ) offers $520M for fellow Canadian uranium producer Hathor Exploration. The price...

  • Friday, August 26, 2011, 9:22 AM ET
    Cameco (CCJ) offers $520M for fellow Canadian uranium producer Hathor Exploration. The price works out to $3.75/share, a 40% premium to yesterday's close. (PR)
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  • Seems way too low a bid for such Hathor's valuable assets, which is no doubt why Hathors' board rejected the offer.

    Hathor is close to becoming a producer, and will be far more valuable once it is.
    26 Aug 2011, 06:44 PM Reply Like
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