Will uranium start to make a comeback

Before I get started on the uranium subject I would like to address White Tiger Mining briefly first. It is starting to appear that one or more people may have intentionally manipulated the stock by selling a large amount of shares short to drive the price down while simultaneously bashing the results. This is about as low as it gets if in fact this is what happened. I still stand strong in my belief that WTC had a very good news release, and that the grades reported may not have been as stellar as some had kept pumping to everyone, but I would be skeptical now of why they were trying to pump grades that were not usual. The following is the grades and as you can see they are quite good in my opinion considering that many mines are mining copper that is graded at 0.2% to 0.5%.

RMZ11-21: RM Zone Hole Number       From(m) To(m)Width(m) Cu%   Ag(g/t)     Au(g/t) RMZ11-21 132 190 58 1.00 4.4 0.084 Including 149 182 33 1.53 6.8 0.127 And 155 160 5 3.73 16.4 0.308 Including 158 160 2 6.25 28.60 0.540 Including 159 160 1 8.85 38.6 0.826 The true width of the mineralized zones is estimated to be 66% of the mineralized intersection. The assay results for the Lease Zone portion of drill hole RMZ11-21 are as follows: RMZ11-21: Lease Zone Hole Number From (metres) To (metres) Width (metres) Cu (%) Ag (g/tonne) Au (g/tonne) RMZ11-21 12 95 83 0.30 1.3 0.037 Including 12 30 18 0.59 2.8 0.091 And 12 72 60 0.37 1.7 0.045 Including 19 25 6 1.08 5.4 0.183 Including 68 72 4 1.30 5.7 0.081 The true width of the mineralized zones is estimated to be 66% of the mineralized intersection. So as you can see these are relatively good returns and I believe that the next hole with assays coming back (RMZ11-23) should be quite possibly even better. I would have to conclude that this must be quite appealing to some if they are prepared to resort to this strategy to gain an entry. There is no proof I have that would prove this is what happened but rather this is only my speculation. I do know that if you check the records you will find there was a large short sell order processed at this time. Everyone is urged to do their own due diligence on any stock you may want to invest in, and I personally have done mine and I remain long on WTC at this time. Now on to uranium. With the recent unfolding of events in Japan many have fled the uranium sector completely. Me being very much a contrarian, I see this as a buying opportunity. First if we really are convinced that all future nuclear power stations will be scrapped then fleeing uranium is the smart thing to do. I for one absolutely do not see this happening. China has already stated they are proceeding with most of their projects and they have many on the books in the very near future. Also planning on going ahead with their nuclear power plans is India, amongst several other countries.So if uranium is going to remain a desirable source of power that would indicate to me that we are right back where we were pre-crisis Japan. That being said, we need to look at which companies might stand to see the most potential for upside movement. A company that was doing extremely well right up to the disaster in Japan is Hathor Exploration Ltd (TSXV:HAT). Here is a brief overview of HAT. Hathor Exploration Ltd. is a junior uranium company focused on exploration projects in the Athabasca Basin of Northern Saskatchewan, Canada. Hathor's goal is to discover, advance and develop high grade, world class uranium deposits. Hathor's main exploration properties are located within the eastern corridor of the Athabasca Basin which hosts all of Canada's producing uranium mines and accounts for approximately 23% of global production. Hathor is currently advancing its Midwest Northeast Project (Roughrider), the only major discovery ever made in the Basin by a junior company. As you can see they are positioned in what is arguably one of the worlds finest uranium areas. The assays this company has to show from their exploration to date are impressive to say the least. With this type of mineralization I fully expect Hathor will either eventually make it to actual mine status or they may become a prime takeover target. Here is a little info on where this project is located.  The Roughrider project is located in the preeminent uranium mining district in the world, the Athabasca Basin in Saskatchewan, Canada. The property is 8.5 km north of the community of Points North and the Points North commercial airport, the main service hub for northeastern Saskatchewan. It is within 25 km of operating uranium mine, mill and tailing's facilities established at Rabbit Lake and McClean Lake during the past 35 years of production in the Basin. Neighboring companies include Fission/KEPCO's Waterbury property, Areva's Midwest deposit and Cameco's Tamarack deposit. The Roughrider deposit contains a significant uranium mineral resource estimated at 17.2 million lbs of U3o8  in the indicated category with an additional 10.6 million lbs in the inferred category. This is from their most recent 43-101 dated Jan. 12, 2011. SRKHathor indicate the existence of various untested exploration targets. Hathor Exploration has several properties in their property portfolio but with what appears to be a potential large deposit the Roughrider project is the main focus of the company at this time. For all who are interested I urge you to do your due diligence as soon as possible as the price of HAT has started to climb over the last several trading sessions. A good place to start doing your DD would be at www.hathor.ca. As always please do not rely on what I post but rather do your own due diligence and seek the advice of a professional if you feel that is appropriate. I have received any compensation of any kind in regards to this post. I own shares of WTC. I own no shares of HAT at this time. I have no intentions of changing my position in either company within the next 72 hours.  Number From (metres) To (metres) Width (metres) Cu (%) (g/tonne) ) Hole Number From (metres) To (metres) es) Cu (%) Ag (g/tonne) Au (g/tonne)