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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by narmacon Jul 24, 2011 11:18am
159 Views
Post# 18866218

RE: RE: great article on the deal with Anglo

RE: RE: great article on the deal with Anglo,,,,,,,,,,,,,,,to put things in perspective,,here is Allan Potash with a market cap of $252 Million on the Danakil depression in Ethiopia.............a few holes in the ground and zero infrastructure ,,,,,,,,,,,,,,,the area is considered one of the most hostile environments on earth,,yet Allana has lots and lots of financing and of course that evil debt yet to come to build a $1 Billion mine for their potash, if they can find financing!! I will assume water will be an essential commodity to solution mine their find if that mining technology will lend itself to their business plan! Hope only lays with BHP taking them out or another major imo.
I will stick with what is on the ground in hard assets and what those assets are bringing to the surface as in FIU!!
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