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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by lefmike1on Feb 04, 2011 11:21am
312 Views
Post# 18075766

RE: RE: RE: Gold is up a little -- NPV calculation

RE: RE: RE: Gold is up a little -- NPV calculationExactly Hmmmmy boy  you got it..............................

(Bought deal) was something I understand to be if FIU had gone to let's say RBC alone and said we need money  what will you do for us, they make whatever offer and FIU takes it shares already sold.)  Like the one at 1.30  which was a last ditch effort  to save the company.

Best effort is FIU opens a certain number of new shares to the Consortium to sell at a certain price yet to be determined,  That would tell me the price could be manipulated lower if ONE agent selling but not 6 as this is the case.

There are a lot of agents out there wil clients in teh RED big time with this one,  I honestly feel that they made the right call here.

I'm not sure of everything I'm wirting so if wrong please forgive this financial amateur   

   
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