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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Post by ecolo101on Jul 30, 2010 2:44pm
475 Views
Post# 17311538

Stay focus on numbers!

Stay focus on numbers!I am very happy to see production up. Now when you look at the presentation on the website and if you make the maths; it is easy to see that FIU will generate around 0,30$ per share over a full production year as long as gold extraction remains stable.
Also we need a review on all proven resources to establish the real share value. In my book with all capex spent and potential upswing in uranium price which is bonus; it is around 3$. I don't need any analyst to give me a number. Now we need the market to realize that FIU has the momentum. Until this happens, Drak you are right it could dance along a corridor but don't forget that when this stock will go above 1,50$ it could start to climb pretty quickly on feeling of long term stable operation. This is why I am still around and long on it. I really enjoy to see the site pictures in the presentation. If you would like to rebuild such facilities in today's environment with current metal pricing you are talking of more than 1B$. with 180M shares this represent 6-7$ a share.
We need consistancy on results and Lefmike don't get anxious about TSX review as it is an administration problem easier to resolve than the permits were in SA with all politics. Canada is THE place to make business and law supports companies.
Because of summertime and vacation this could lag a bit but it should be resolved by September! My guess feeling.

Enjoy your weekend and go FIU go

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