RE:RE:RE:Why? If you had any abaility dreamer, I'd ask you to do some comparison's of ALL the uranium companies and compare the salaries and packages of all the management. We all know you don't have enough education and smarts to do that, so go ahead, keep on bashing and lying to the boards. HaHa, How many years have you had the issue with fission? I guess you should have shorted FCU like many of us did with NXE. Now, that is the Dog of the U sector.
Dreaminthedream wrote:
Gizard wrote:"There will be a uranium shortage in the near future."
"Near future" is a fairly vague expression. Does it mean 2 years? 5 years? Longer?
Near future does not help FCU. FCU's bank account is dwindling and they need to raise money. How are they going to do that? The choices that work to the benefit of ordinary shareholders are limited. Issue more shares? Get a loan? Consolidate on a 5:1 basis and then issue shares?
Remember this. The job of management is to increase shareholder value. That has not happened with this company. But management's salaries and benefit package has been SUBSTANTIAL (at shareholders' expense).
And FCU wasted a lot of money with its big gift to FUU. What has that done for FCU shareholders? It was great for management.....another paycheck.
The stock market's disdain for FCU's management is quite clear. The selling pressure on the shares is constant and relentless.
FCU's survival is in jeopardy no matter how you look at it. If anyone thought PLS was a premier deposit, they would have bought FCU by now. As Dev said, "no one wants us."
Even worse, NO ONE needs FCU. The market knows that. Hence $.33.