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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by colt451on May 18, 2012 3:28pm
111 Views
Post# 19926886

RE: Well Here's Good News

RE: Well Here's Good News

This is great news, however, we need to vote down this asset sale to gain access to the new bid. It looks like a bidding war will erupt between AngloGold, Gold One, and Waterpan for controlling interest in FIU - BUT WE NEED TO VOTE DOWN THIS ASSET SALE FIRST. 

 

We vote down the asset sale, Waterpan bids for controlling interest, giving shareholders a price/share compensation, and shareholders for the first time actually find out what kind of share compensation we can expect to receive. AngloGold and Gold One will be forced to either outbid Waterpan or back out. The share price will probably increase if the asset sale is voted down now, because as soon as it is defeated, Waterpan can step in.

 

And remember, Olma retained law counsel to protect us from FIU management - it's up to us now guys, lets vote this down and find out what Waterpan has to offer, I'm pretty sure it will be better than 0.0-0.11/share. 

 

 

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