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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by uranicynicon Jan 29, 2012 11:18am
324 Views
Post# 19462692

RE: RE: MWS ve EZ

RE: RE: MWS ve EZ

Yes, when you look at the profit on 100k ounces it's hard to believe that the've managed to fritter that money away. I believe they couldn't shutter EZ last year because of the gold stream commitment but ther are ways around this.

I think that closing the mine now will allow them to build up a huge bank balance before the debt comes due. The higher the SP the less dilution. It seems so obvious. EZ is dragging the company down.

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