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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by shiftmanon Nov 10, 2010 11:32pm
247 Views
Post# 17690628

RE: RE: FIU is the Main Feed to GW

RE: RE: FIU is the Main Feed to GWYou didn't mention the 50.6 million lbs of uranium and the ability to more than double that resource with the prospecting rights around the ezuwini mine.

 with the production of gold and uranium  some of gold grades are as high as 6g/tand 10g/t fiu could in the end be one of lowest cost uranium producers in the world.

they don't hedge the price its sold on spot so if uranium should go to 100 a lb where will fiu 's share price end up with gold at 1400 and uranium at 75 to 100 a lb in 2011 -2012 . 

do the math.
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