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

ATHABASCA BASIN: WHERE GRADE IS KING!

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Message: Canacord $$20.00$$ target possable

Canacord $$20.00$$ target possable

posted on Jan 22, 2009 02:55AM

IF YOU COULD ONLY BUY ONE STOCK TO CHANGE YOUR LIFESTYLE?...

It’s a simple enough question...if you could only buy one stock right now that had the potential to change your

lifestyle, what would it be? We ask this simple question to many analysts and prognosticators. It’s ironic to be ask

ing a question like this as investors around the world have already had their lifestyle changed. Their pension plans,

their retirements and everything else as an estimated $30 trillion worth of equities has been destroyed from markets

around the world. It has also affected everything from real estate to bonds to debentures to you-name-it.
But sometimes life does go on, although there have been periods over the last while that one has wondered...so

back to the question and needless to say, if you are asking a question such as this, a response usually is a kind of

story that involves somewhere between high risk, really high risk, or “are you out of your mind?”
So here are our commentators and their picks.

ANALYST: Eric Zaunscherb
COMPANY: Canaccord Capital
PICK: Hathor Exploration (V-HAT) $3.15 -0.09
PICK: MAG SILVER (T-MAG) $7.10 +0.26

When Eric Zaunscherb picked Hathor Exploration, we
were wondering…“Excuse us Eric, but you follow the
stock and you give it a measly $4.25 target?” That’s not
going to change too many people’s lifestyle, unless youhave a rather modest one to start with.

His response is quite simple…“My target of $4.25 isbased on current data and what they have at this point.
When drilling resumes and if the geophysics and the size
of the anomaly is proven by drilling, this is a story that
could be much bigger than the current data suggests.”

A $20 target is not totally out of the ball park, once

again assuming what hasn’t been drilled yet comes up

with the goods…

There are many others that also believe Hathor is one
of the stories of the day, and as Eric and others point out,
they are in the right place—so close to infrastructure already built in the uranium belt of Northern Saskatchewan.

If you would like to see Eric’s research report on
Hathor, e-mail Debbie at debbie_lewis@canaccord.com



drill it and they will come

griz

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