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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Post by WonmanshowBMLon Jul 22, 2011 3:42pm
306 Views
Post# 18863084

Encouraging

EncouragingThis is a nice weekend surprise.
I expect this is a turning point for this investment.
Anglogold's purchase and the fact they have reserved the right of first refusal on the balance plus the Rand notes is an indication that the Franco Nevada test is likely going well. That combined with a pending production update leads me to believe further upside is inevitable within the next month.
The gold price certainly will help the balance sheet.
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