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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by colt451on Mar 08, 2012 3:51pm
194 Views
Post# 19645640

RE: RE: RE: RE: RE: RE: RE: RE: Very sad to see FI

RE: RE: RE: RE: RE: RE: RE: RE: Very sad to see FI

Your right Critical_Mass, analyzing FIU objectively, we would expect a profit. Q3 2012 First Uranium reported a consolidated gross profit of $1.8** million for Q3 2012, compared to a consolidated gross loss of $1.2** million in Q3 2011.The problem is that I have objectively analyzed FIU from 2.00 down to 0.15 cents and being wrong. I have analyzed NR's, financial reports, charts, analyst reviews and being wrong the whole way down. In Q3 2012 we were hit with the financial impairment which was presented as a loss, so the 1.8 profit turned into a massive loss. Now...theoretically we should be told this quarter that we have 11-20 million in cash on hand, 27 mil in assets, and a profit (the increased cash on hand). But again, this is objectively speaking.

https://www.newswire.ca/en/story/921465/first-uranium-reports-financial-results-for-the-three-and-nine-months-ended-december-31-2011-and-cautionary-announcement

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