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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by Hmmmmmmmon May 10, 2012 2:32am
173 Views
Post# 19893044

RE: Comments on the Circular's valuation.

RE: Comments on the Circular's valuation.

I do hope everyone reads Critical_Mass' evaluation of the circular. He seems to have discovered some flaws in the numbers presented. It seems Paradigm and RBC were paid to evaluate the properties and their valuations were massaged to match the offers. C.M. has done calculations using the same metrics and discovered that what they meant to say was MWS's real value is as high as $455.93M. What a coincidence. RBC's December valuation was $443M for MWS alone. (and $276M for Ezulwini).

I am sticking with Betsky, Sprott and others that these offers from Anglo and Gold One are ridiculously low.

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