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Bullboard - Stock Discussion Forum First Uranium Corporation T.FIU

TSX:FIU - Post Discussion

First Uranium Corporation > Cracking the $1.30 barrier
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Post by lefmike1 on Nov 25, 2010 9:48am

Cracking the $1.30 barrier

Cracking and closing above the 1.30 barrier is extremely important I think.

Based on the fact that the latest money infussion was set at 1.30 back last spring,  and the stock tanked right after that, anything over  the 1.30 level will show the strenght and confidence in this POS to move it higher down the road.

Not looking for a miracle here, just hoping to see it go up 5 or so cents a day will be good  as we all know, there will be pullbacks on this POS eventually, then panic selling  and further drops.  But if they can be controlled by the big boys and the stock keeps rising slowly but confidently  we'll be ok come the next financial report .. Q3 / 11  due out in February 16th I understand.

GLTA as always.
Comment by Toroutlaw on Nov 25, 2010 9:55am
After those massive insider buys its really on fire with appreciation and volume, good sign if you ask me 
Comment by shiftman on Nov 25, 2010 10:21am
In 2007  when FIu were due to ramp up production , stock hit 7.00 mark.Here we are today Nov2010 just getting to  further the process with the production starting to show improvement gold prices 500 an oz higher uranium in favor. So i think the stenght is now more evident as the constuction phase is almost complete .But the permits to move forward was the big hurdle, along with cash ...more  
Comment by lefmike1 on Nov 25, 2010 10:36am
Yes I hear you about the  share price  at 7.00  back years ago,  but we must remember those prices apparently were highly inflated.  Our little company  has gone through significant growing pains and the benefits will start showing next Q.Deon did say that October's gold numbers at Ezulwini showed a significant improvement due to backfilling and that the ...more  
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