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Bullboard - Stock Discussion Forum First Uranium Corporation T.FIU

TSX:FIU - Post Discussion

First Uranium Corporation > Looking toward Q3
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Post by colt451 on Sep 16, 2011 2:24pm

Looking toward Q3

So I took the opportunity to average down again today to 0.75, though thats not saying much is it...Looking toward Q3 (cause lets be honest theres no upside right now) are we realistically expecting profitability? And if so, will the stock price be pushed up past 0.60? I can't understand who anglo doesn't just sweep up the whole company and restructure, their already invested, and FIU is floundering under current management...never thought I'd say this but I wish we are 0.60 lol
Comment by uranicynic on Sep 16, 2011 2:36pm
This company is the ultimate falling knife. Things seldom run smooth but somehow we can be cash positive before the end of the year. Well done  Colt for having the balls to buy today. According to management, Q2 will be a small loss and then Q3 is profitable. Q4 will be the first quarter without the huge gold stream commitment so that should be the first glimpse at the true potential. This ...more  
Comment by JBBminer on Sep 16, 2011 2:43pm
Here let me answer you.NO