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


Message: Snapshot Updates - HAT +50% Gain...

Snapshot Updates - HAT +50% Gain...

posted on Dec 04, 2008 07:07AM

Snapshot Updates - HAT +50% Gain, CCE Bottom Fish

Posted by admin
December 4, 2008

Hathor Exploration (HAT-TSXV), is up over a whopping 50% since we wrote about them just over a week ago! A big winner for Rock Bottom on the heels of HAT’s exceptional Uranium drill results. Hathor managed to raise $8 million in a very tough market, at prices far above what they were trading at time of closing. There is strong institutional support, and a fantastic property. We still like HAT and will be buying on any weakness in the market.

Commerce Resources (CCE-TSXV 0.175). Shares of CCE seem to finally have found rock bottom, as the company is going through a well timed quiet period. News from most resource companies has been falling on deaf ears, as the economic crisis continues to stack up casualties; and CCE has not had anything material to report, hence the complete lack of demand in their shares. This, however, has presented us with a great opportunity to add to our positions at rock bottom prices. CCE still has over $20 million in the bank, and a fantastic advanced Tantalum Niobium property in Northern B.C., along with a highly prospective niobium property in Quebec, which they have yet to start significant exploration on.

I will be travelling for the next several weeks, and updates will be more sporadic. Please stay tuned for further updates. We believe the resource market is getting ready for a Second Coming of sorts, a massive explosion on the upside, in the near to mid term.

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