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EricVan

05/05/07 7:05 PM

#2 RE: december #1

HMI started my DD here...Looks good.. I like this post

Hinterland Metals Inc.
TSX Venture Exchange Symbol: HMI
Shares Issued: 32,077,202
Incentive Options: 2,325,000
Warrants: 6,260,783
Fully Diluted: 40,662,985
Held by Management: 18.4%

http://www.hinterlandmetals.com/s/Home.asp

Highlights:

- On Jan 9, 2007, Hinterland Metals Inc. (TSXV: HMI) acquired 112 mineral claims (6000 ha) at the "Euro" property adjacent to Otish basin. The Otish basin is a hot area play where Strateco Resources Inc. has recently announced drill hole intersections of up to 2.1 per cent U3O8 over 12.4 metres (Strateco Press Release: December 22, 2006).

- On Feb 1, 2007, Hinterland acquired "Yankee" Uranium Property covers approximately 16,000 hectares (40,000 ha) in Northern Thelon Basin. In the Thelon Basin, the Kiggavik, Andrew Lake and End deposits together contain approximately 131 million pounds of U(3)O(8) and form the "Kiggavik Trend".

- On Feb 6, 2007 Hinterland acquired "Rebel" Uranium Property covering approximately 32,400 hectares (81,000 acres) in Northern Thelon Basin, Nunavut.

- On Feb 8, 2007 Hinterland acquired "Hearne" Uranium Property in Northern Manitoba. The geologic context of this area is analogous to the unconformity-type uranium deposits found in the Athabasca Basin which accounts for approximately one third of global uranium production and 15% of global reserves.

- On Feb 22, 2007 Hinterland Metals Inc. (TSX - VX: HMI), ("Hinterland") has signed a Letter of Intent ("LOI") with Kakanda Resources Corp. ("Kakanda") whereby Hinterland will transfer 50% of its interest in the 112-claim Euro property to Kakanda and Kakanda will transfer 50% of its 38-claim Tonka property to Hinterland. The companies will then form a 50/50 joint venture (the "Otish Joint Venture") to perform exploration on the two properties and to acquire additional uranium claims in the Otish Basin.

- The management just got 750000 shares of incentive options on Jan 23.

Appears that HMI is very undervalued as it holds huge uranium land in different Uranium prolific area now. Before it's primary business was platinum and palladium (“PGE”) mineralization. Canada is not a good country for PGE exploration so it had been traded at 10-15 cents fairly in 2006.

But now HMI is uranium player having significant uranium claims in Otish Mountain, Thelon basin and Manitoba. It is extremely undervalued compared to its peers.

http://www.investorshub.com/boards/read_msg.asp?message_id=17327279&txt2find=hmi+