Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum First Uranium Corporation T.FIU

TSX:FIU - Post Discussion

First Uranium Corporation > with full production in 2012..
View:
Post by rishshah2 on Apr 13, 2010 1:36pm

with full production in 2012..


if everything goes the way it is supposed to ..then this company will be making approx 100 million every year...with this financing of over 150 million all the mines will get build and the company should operate as planned....in the best case scenario simmers will take this over..since it owns almost 40 % of this....takeout price should be in the 3.00 - 4.00 range...in the next year or around 6 $ in 3 years time...always buy shares in lots 10 % today...10 % in a month and so on...thats the best way to average down your costs and dont loose much with bad news...just helps u get more share cheaply...but at today's prices i would buy a ton......cause the stock is selling for less then 10 % of its value.....
Comment by lefmike1 on Apr 13, 2010 2:12pm
Can you please explain to me where you get the 100 million profit annually from the two facilities..... when the total profit for the life of BOTH mines is in the area of 600 million total over the 13-16 year lifespan.  These numbers are not taken out of thin air they are directly from FIU's latest mineral report submitted last month.IF your estimates are as you say ( if everything goes ...more  
Comment by rishshah2 on Apr 13, 2010 2:52pm
the 650 million + reports are base reports...and if you follow that then you should just go on the site and open up the studies....not the news releases and look at mine production numbers and the profit charts...u need to zoom in a look at it and these are vey base figures thoroughly discouted with very bad assumptions about gold and uranium prices and tonnage milled...which is usally 50 % of ...more  
Comment by rishshah2 on Apr 13, 2010 3:08pm
 i forgot to add this...the company already has 500 + million invested in mines... + 150 million offering + approx  5 million ounces of proven and 25 - 30 million of inferred ounces of gold + another 200- 300 million $ net of uranium....so over 2 billion $ in real value... ur getting if all for less then 1.30 a share today...hehehehehhow can u go wrong here....buy hold for 2-3 years and ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities