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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Bullboard Posts
Post by investor2003on Feb 02, 2007 9:33am
275 Views
Post# 12147580

excellent

excellentnow that's what I like about a strong management. Good update and better than expected news with reduction of costs I come up with 453,000 oz of AU and 4,001,000 lb of U3O8 by 2009, less than 2 years away. Let's see... At gold 900$ (at least by then, using 100$ per year) and U3O8 125$ (at least by Leeward Hedge Fund) and operating costs of (assumed) 250$ & 20$ respectively....using CAN$ fo 0.88$... I get gross cash flow of: 812 million CAN $ hummmm now that's what I call under-valued
Bullboard Posts