First Uranium Corporation T.FIU

Simmers Merger - 33% FIU stake

[colt451]

https://www.reuters.com/article/idUSLDE6B51PZ20101206
Anyone want to comment?
My take is that since Village is taking a 33% stake in FIU and they are a South Africa based company, were about to see fireworks in the next few months


"The merged entity will have better access to capital markets to fund future growth and the assets will be managed by an experienced management team,"


We might be seeing those estimated repair times cut down with the influx of cash, and as well, with the new capital FIU may be in a position to take of GLW, Village and Simmers might see it as the next step...


Colt