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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by dubsbson Aug 16, 2012 9:23am
185 Views
Post# 20223800

RE: RE: Rationale to keep this stock ?

RE: RE: Rationale to keep this stock ?

The only rational to keep this thing is to get.  12.5 cents shortly and gamble on what going to be left in the two escrow accounts in jan and feb.... Max .11 min 0. Don't forget there is an opportunity cost involved. Meaning the money you could make on your investment eleswhere between now and end of jan-feb 2013 and the 73% gain non -risk adjusted on the escrew. It's all about trusting management again your desire to gamble ! Out of 32,000 shares I sold 30,000 shares at .26 took the money put it into bnk @ 1.52 per share and today bnk is trading around 3.06 a share. I still have 2000 shares in fiu . I left it there to see if I would get the inital .33 a share. The best I can do now is hope management won't covet the escrow accounts for there living expenses until they can wind-up the company.

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