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Bullboard - Stock Discussion Forum
First Uranium Corporation
T.FIU
Metals & Mining
Industrial Metals & Minerals
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TSX:FIU - Post Discussion
First Uranium Corporation
> MWS
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•••
urtothemoon
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Post by
urtothemoon
on Sep 20, 2011 4:49pm
MWS
DOES ANYONE KNOWS WHETHER MWS IS OPERATING RIGHT NOW?
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•••
colt451
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Comment by
colt451
on Sep 20, 2011 5:05pm
I don't know why I'm replying...typing in capitals is something for proud or some other idiot...for everyone else who didn't do some base research, FIU clearly stated they would be continuing with business as usual until the minister responds to the letter they sent. From what I found FIU is right in their position, BUT this is coming off the back of the pulled permit/reinstation a few
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colt451
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Comment by
colt451
on Sep 20, 2011 5:57pm
This is the issue that's driving the share price down as far as I can tell...simply put if the government wants to they have other avenues of challenging MWS continuationFirst Uranium added the Mineral and Petroleum Resources Development Act did not make provision for the withdrawal of a mining right."The act does make provision for the authorities to take other actions in relation to
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urtothemoon
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Comment by
urtothemoon
on Sep 20, 2011 6:21pm
As I understand, the problem is with the farmers, who want to get some money from FIU for possible damage to the environment. However taking into account that company takes uranium from the ground and puts the cleaned soil back, there is no damage to the environment but only benefit. In any case the company should deal with them and offer them some guarantees. As for the government, putting 5
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