RE: RE: RE: RE: : RE: RE: RE: RE: REhttps://www.miningmx.com/opinion/columnists/First-Uranium-still-teeters-on-the-brink.htm
good article. I believe the company will survive and will be bought out by Anglo, but have lowered my price to .30-.40. You cannot believe 1 word that the CEO says anymore as they have missed all guidance and revised guidance for I dont how many consecutive quarters. I am sure that Sprott and other institutions are not happy either.
I have no clue how low we will go but have begun to repurchase at .23 yesterday. Will buy another 50k today, hopefully lower.
As for the debt holders, I think our last poster, although retail, clearly understands what is going on. The hedge funds who own the debt are 10X smarter and more cunning than this ceo and his cronnies. They will get smoked in negotiations.