First Uranium Corporation T.FIU

comparision b/w opc (optic canada)and fiu

[elml]

after doing some quick readings on their financial performance of opc and fiu, I have found that they are very similar : both are lossing money, ,with very high debts, sales are minimal while cost is high, and most importantly is with huge liquidity proglem.

what now opc situation is ; optic  has to file bankcrupcy protection and a china entity just acquire it and pay the share holder only  12 cents per share which is about 5 % value from this year high!!  ,even the share holder equity value is worth $ 3.8 per share!!)

whereas in the case of fiu, fiu is now having a share equity value of about  $1.2 per share and the most critical issue to be tackled now is the gw completion test; if it doesn,t passed, then fiu will be in deep trouble because it will cost them from 30 to 50 millions  for penalties, which fiu might not have the money and might lead to bancrupcy like optic canada  ?????

It is scary , isn't it ??
can anybody share their view on that?
good luck to all. including myself!

[lefmike1]

Well I owned both OPC Made money.... and FIU  and they have only one thing in common, they both trade on the TSX adn that is it.OPC were using untested technology which they were in the red BILLIONS creating and designing    and they had to sell off piece by piece their share of their something lake oil complex in AB to the point where they just could not carry on  they owed so

[idunnobut]

Just a couple points:"I have found that they are very similar : both are lossing money, "whoa, whoa, stop right there. You are exactly right. They are so much very alike. But, please, do go on."with very high debts"what! Really! Again, brilliant insight into these companies. I suppose the debt level "very high" is entirely enough to describe my own personal

[chillyballs]

Well Played.... idunnobutthis is progagly the best post I have read in a long time.... funny as hell and to the point... well played!!!!