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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Bullboard Posts
Comment by Synchronouson Oct 29, 2009 2:26pm
328 Views
Post# 16435994

RE: RE: RE: RE: RE: waiting for 2

RE: RE: RE: RE: RE: waiting for 2The 2.50 resistance level seemed to hold yesterday. During a bad commodity market day. So I jumped back in.
Volume increasing ... along with share price.
 Interm bottom seems set.

Increasing Gold price lowers risk of dilutive financing... which will be a very narrow thing.
Seem to be right on the edge of requiring more cash in the intermediate term.

Expecting next report to look somewhat ugly... but my feeling is most of that is priced in now.
.. and if they start running freely positive cash flow afterwards... it'll move back up past $7  in 6 months.

Assuming SouthAfrica does not destablize. (Unemployment getting out of control).
Assuming Board of directors conflict is totally irrevelent.

... see how it goes.
Bullboard Posts