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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Post by uranicynicon May 08, 2012 8:50am
365 Views
Post# 19883486

South African Incest

South African Incest

It seems the South African gold mining business is a small, incestuous group of revolving players. Our problem is that they've got First Uranium in their sights. Their problem is that the Canadian and international investors are not the polite, uncomplaining sheep that will quietly go to the financial slaughterhouse. I'm sure this tactic of keeping the assets and shedding the shareholders is a tried and true business tactic for these jerks. If FIU was a company that only had to comply with South African laws and practices I don't think we would have a hope. It must be very frustrating for all the architects of this ripoff that it's not going according to plan. Can anyone think of any viable reason to support these deals? Suppose we accepted the MWS deal; the obvious strategy would be to pay off all the debt and concentrate on running Ezulwini. No, that is definitely not in the master plan. They want us out, the debt paid off, and our assets rebadged so they can start this ripoff cycle again.  

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