Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum First Uranium Corporation T.FIU

TSX:FIU - Post Discussion

First Uranium Corporation > Bad business
View:
Post by uranicynic on Sep 17, 2011 12:21pm

Bad business

This latest development is extremely troubling. Trying to pull a mining permit on a non-mining entitiy smacks of  a corporate shakedown on a grand scale. Since there would seem to be no legal foundation for this action I'm wondering where FIU's erstwhile partners AngloGold and particularly Vulisango disappeared to. Vulisango is happily being paid 52k/month to run interference and smooth the waters for FIU. Where are they when they're needed?
Comment by smoking81 on Sep 18, 2011 10:18am
I think there is general unrest in SA. A lot of it is coming from the ANC youth arm. Lots of blacks still see mining as a white controlled industry making too much money. FIU is easy to pick on as it is foreign owned and seems to have a bad safety record with several deaths of black workers. Anglo has lost $24M already so they need to step up and smooth this out. This company is not ...more  
Comment by cowcash on Sep 18, 2011 5:08pm
Does Anglo have does connections in SA?
Comment by smoking81 on Sep 18, 2011 5:48pm
They have 8 large mines in SA. The company disclosed itself in 2006 as having an unacceptable safety performance in its platinum mines. Safety measures were taken in January 2011. AngloGold Ashanti was named the world's "Most Irresponsible Company" at the Public Eye Awards, hosted by the Berne Declaration and Greenpeace in Davos, Switzerland. The nominating organisation, WACAM (Wassa ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities