First Uranium Corporation T.FIU

Gold Wheaton - it's all good

[BeeDope]

"Gold Wheaton is extremelypleased that this issue has been successfully resolved. We believe thatwith appropriate funding, the previously planned reduction in MWS goldproduction can now be reversed and that the second gold plant willcontinue to operate at full capacity until the TSF is able to accepttailings," said David Cohen, CEO and Chairman of Gold Wheaton.

[Attorney30]

Good point BeeDope, why is Gold Wheaton sounding so positive - yes they are a stakeholder - does this signal "no financial penalty" would be enforced against FIU.  I expect a funding announcement by FIU soon.  The question is would such an announcement follow recommendations made first to the BOD of FIU?  In other words, does the board approve this as part of the

[dudediligent]

I'm betting that the company likely has several financing options to consider and hopefully will take it's time assessing the best solution. The nice thing is FIU does not have excessive share dilution today which may be an option.I would like to see a convertible debenture offering myself but no matter I'm bullish going forward.

[BeeDope]

MyStockhouse/Default.aspx?u=3185070"">Attorney30 What I am hoping for as per the 50 million funding to cover the construction cost is a floating bank draw capped at 80 or 90 million. Not being on the inside and with only the information they let loose, charting a path forward has to be done by looking in the rear view mirror. As I see it and not pulling any punches, Miller and