First Uranium Corporation T.FIU

Going forward

[uranicynic]

A lot has been written here in the last 48 hours. The uncertainty about the cash that FIU needs for the 'medium term' is certainly a mystery. Completely took the shine off what shoud've been a reassuring production report. Personally I'm sniffing the air for signs of what is really going on. No idea at this time.

The following link is probably the best piece of news I've found regarding this latest development.

https://www.miningreview.com/node/19048

[idunnobut]

Q2 2011: 67M cash, 19M other current assetsQ3 2011:  30M cash, 23M other current assetsProduction report says: "As at Dec. 31, 2010, 113-million (831million rands) of the 147-million (980 million rands) allocated for the completion of the phase 2 expansion program had been spent, while 28-million (216 million rands) of the 45-million (295 million rands) allocated for the new TSF had been

[narmac]

Are we not going forward?? I fail to see the extreme negativity on FIU, in fact I see lots of opportunity ahead. If you invest in mining stocks you buy with it the dangers and complexity that is inherent in this industry. We have had one poor soul lost underground at Elzuwini in November. If it takes extra cash to shore up this mine to make it safer for our people then I am all for it. That extra