RE: RE: FSY Valuation - peasoupfogI also follow HAT and do agree they have some high grade U and likely will have a world class deposit when all is said and done.
The difference between FSY and HAT is that :
1. FSY already has mining license.
2. FSY has already done pre-feasability study with a 43-101 certified resource.
3. FSY will be mining 2010.
HAT has a chance to be a great company but they are still an early stage exploration company while FSY is a near term producer. You are looking at 5-7 years minimum before HAT reaches the stage that FSY is at today at and let me tell you many things can go wrong is that amount of time.
Having said that HAT is a great company with great future potential and I've owned some since 60 cents although i did unload 1/2 my position in the 3s looking to buy back closer to $1 once again. The way uranium stocks have been acting as of late it won't be long.
Good Luck!