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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Post by ecolo101on Jul 29, 2010 7:34pm
492 Views
Post# 17308892

Just funny to watch!

Just funny to watch!Only a few days of positive territories and a lot of action on the board. Being long here the last two days don't mean anything right now as people are getting excited with a quick turn around... I feel that we should go back to the last price emission in the 1,30$ range before we can say that people see value coming back and instability going away. This is the first step where money talks. The emission brought money in the bank account for FIU to do their work. But in the same time this brought dilution for most shareholders. Difficult to forget when you bought shares in the 2$ and they came with an emission at 1,30$ ????
The new managment has not done anything yet. Let's wait and see what the next quarters will bring.
Uranium spot price increases by 4,25$ this week. It could help to justify SP in FIU altough as lefmike said it is a gold play more that an uranium play. Only the long remember what others write around here...Gold is holding this week with support...
I will be happier when SP will get closer to 1,30$. After each quarter will have a big impact. We are talking years here...
Good luck all, At least it is looking brighter!
  
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