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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by BlindBat_1on Dec 02, 2010 5:24pm
210 Views
Post# 17792349

RE: RE: RE: Financial ?

RE: RE: RE: Financial ?Help me out please.
The $400 Gold Weaton issue is not dead to me andno one here offered any good info other than "scram...or else" or "doyour own DD". I did! That's how I found out how terrible this deal is.But am I missing something. I think this is a hedge and they mustaccount for it as a loss, as in a hedge, you get cash up front, like FIUdid.
And no one has convinced me why this is a buy at anything over$1. Once again for ProudItalian and others, I think I know what I amtalking about - and you need to at least consider what I am saying soyou can prove me wrong.
If FIU gave up 26000 ounces of gold PER YEARfor only $400 per ounce and they only got 50 million in cash for doingit, if gold is at $1400 an ounce for the next two years, then FIU is aterrible investment because they go ripped off this year, next year andevery single year thereafter to the tune of $ 25 million per year inLOST profits. And they need to write off the $25 million as a $25million dollar loss.
So come on guys. Tell me how this is a good deal. Any accountants here?

================

You Sir are just a crap disturber , bored to death with nothing else to do in your life but annoy people. I have gone to great length to give you Finance 101 on said topic, and yet now that the post has vanished in the back - you come back and try to stir the pot once again.

Be forewarned that should you continue in that vain, I will report you directly to the Stockhouse Support Team and ask that your posting privilege be suspended under the 7 Day policies. After which should you continue, you will be suspended for a Year.

You have be warned.

======================

Now to counter your persistent bashing, here is the answer that you keep ignoring. Let alone your laziness at doing some Due Diligence yourself and having to beg for others to do the work for you.


https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=28922874&l=0&r=0&s=FIU&t=LIST



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