Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

First Uranium Corporation T.FIU



TSX:FIU - Post by User

Post by uranicynicon Mar 02, 2012 6:45pm
342 Views
Post# 19620763

Chicanery

Chicanery

I feel some dirty deeds have been done to the shareholders in the last two quarters. In my opinion Q3 should have been quite close to breaking even. Instead we get a loss. In Q4, where we have a very profitable MWS and EZ is now released from the onerous terms of the FN gold stream deal we are hearing that another large loss is imminent and not only that they are going to burn through 10m in cash and declare bankruptcy. Where is the oversight? Has management abandoned the shareholders and now looking to endear themselves to the companies that they helped buy FIU's assets? I knew that it was unlikey we'd get more than 100m for EZ but 335M for MWS? It will be paid off in 3 years!

Express your outrage via e-mail to Deon van der Mescht at deon.vdmescht@firsturanium.com

Let him know that this is not the way a Canadian registered company treats it's shareholders.

<< Previous
Bullboard Posts
Next >>