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Bullboard - Stock Discussion Forum First Uranium Corporation T.FIU

TSX:FIU - Post Discussion

First Uranium Corporation > Annual Loss = $92M
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Post by 2stereo on Jun 19, 2010 11:09pm

Annual Loss = $92M

That's a big number, I wonder what happens to the stock Monday?
Comment by narmac on Jun 20, 2010 5:15am
94 million back over a 12 month period,,,,,,,I take it you have never managed or operated a business? No problem in big business my friend,,,,,,,,,,,,,I will surmise and that is surmise that if new management FIU unlocks the potential here she can easily make 300,000,000 profit in 12 months. And that is why it has received financing from these sources. So any one that has the balls to stay in ...more  
Comment by lefmike1 on Jun 20, 2010 7:17am
Annual loss is not he important number, what is important is the Operational loss and that is a little better.Operational loss is the actual loss on the total process of mining and sale of the Gold / Uranium.They lost around 46 Mil in operational losses which is still very significant but as Narmac indicated, that can be turned around. Elzulwini is the BIG problem right now! As much as it has the ...more  
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