Fission Uranium Corp T.FCU

RE:RE:CCO tax issue

[sudzie191]

Yes selling part of Hydro One is even more stupid than the Harris Gov't selling 407 to balance his books one year.

If the province still owned that and charged the same rates as current owners, we would have an income stream to build  all the infrastructure required to solve the congestion problem and pave them with gold, lol.

Selling part of Hydro One giveas them a lump sum, then they loose the revenue stream from that portion forever, and after about a years its a loosing proposition.

Totally amazing, and Souza even worked in banking, should know better.

juro777 wrote: Based on the Liberal decision to sell parts of Hydro One to balance the books for one year (this was provincial, not Federal, I know... but both Wynn and Trudeau are OK with it) and the Liberal plan to have up to a 10bn/year deficit, I'm not confident in them having the long term benefit of us retaining control of our resources in mind. This is Canadian me's opinion.

Although from an investment prospective, I don't care as long as FCU is bought out and I get a large return on my investment.

sudzie191 wrote: CCO had to be creative shall we say in selling thier uranium because of the high costs of CIGAR Lake to cope with the flood and its costs/delays.

Otherwise they may have gone bankrupt. So the government of the day looked the other way while they did it to keep CCO solvent.

Harper government, not liking nuclear decided to go after them.

Now it will be interesting to see if the new Liberal continues to go after them, or makes some sort of a deal.  With a lot of taxes now being lost because of low oil price, the new Federal Liberals may still go after them.

And although it may bring in the tax dollars in the short term, the threat keeps Cameco out of getting involved in FCU and NXE for financial reasopns.

THat will open the door to foregin ownership and a loss of control of our resources, which in the long run is a bad thing.

We c.........................