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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by Critical_Masson May 28, 2012 10:45pm
143 Views
Post# 19954675

RE: wow nothing to say hey boys!

RE: wow nothing to say hey boys!

Just saw that. This is a game of chicken if we are going to get anything.  Right now we are being s*rewed over, and are left with practically nothing anyway.  Well Mr. Hick, there is no chance of us shareholders voting for a deal that leaves us with practically nothing.  We shall see after vote time who will pay what when this is reopened.  This is still on very short notice, that they just had to pull a deal up. So we shall see, and I wouldn't count Olma out yet. We will have to Oct 5th and hopefully new management soon after this is voted down and Anglo realizes they won't be able to steal MWS.  And we have Waterpan and Renova still also.  Further, you can't just finalize a deal like this in a few days after you're called out when you think you have Months.   Of course no one wants to make a concession, and will tell you that. So we have to vote no and force them along kicking and screaming if we are going to get anything back.  A 15% price improvement and those concessions are not a lot when you consider the alternative.

And of course they are going to say they won't make a concession.  However, if it is going to go to bankruptcy, we shall see.  After all, a 10% and 5% haircut provides immediacy and certainty of return after all, as they keep telling us in the circular.  I'm surprised they aren't already jumping over themselves to accept this like us.

Ha.

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