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First Uranium Corporation T.FIU

Metals & Mining Industrial Metals & Minerals


TSX:FIU - Post by User

First Uranium Corporation > Other thought
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Comment by idunnobuton Apr 23, 2012 7:11pm
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Post# 19826416

RE: RE: RE: RE: RE: RE: RE: Other thought

RE: RE: RE: RE: RE: RE: RE: Other thought

No, I don't have any additional information.

https://www.bloomberg.com/news/2012-04-20/russian-billionaire-bids-for-south-african-uranium-mine.html

First Uranium is selling the assets too cheaply, a group of shareholders that own a combined 17 percent stake in the company said last month. The group wants the company to consider the Renova offer and enter into negotiations, Nicholas Betsky, head of equities at Russia’s Olma Investment Firm, which is one of the shareholders, said today in an interview.

I am reading that Sprott is connected to the bid through the above statement.

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