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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Post by uranicynicon Jun 10, 2011 9:37am
131 Views
Post# 18698245

Thinking laterally

Thinking laterallyWith MWS approaching operational maturity and the debt repayment due next year it may make sense to sell MWS. But only for a good price. This would allow management to concentrate on EZ, pay off the debt  holders and have a lot of cash leftover. PI mentioned  $500m.

On another point, I've made my feelings known to management about  a name change. FIU should be out there as a gold company not being identified with uranium, when it is such a small part of the company's portfolio.

Management has to seize the moment and act decisively.
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