First Uranium Corporation T.FIU

this is the guy who you need to come through

[prouditalian]

https://www.miningmx.com/pls/cms/mmx_rain.profile_detail?p_nid=393

market doesnt believe that he will do so. As a noteholder (2013), I will either own a part of MWS or get 100%. Good deal for me. All is needed is 300 mil from both assets and all noteholders get payed fully...It sure looks like that is what they are gunning for before cash runs out in March.

[colt451]

How many times do I have to explain to you that you will need shareholder approval, and no one will vote for a asset sale that results in shareholders getting screwed for the benefit of note holders. You just don't get it do you, if the shareholders don't benefit from the deal it wont go through, the only people who 100% will get their money back are the ones who bought equal amounts of

[prouditalian]

colty, you know squat. No shareholder vote is necessary for asset sales. Assets get sold all the time and no vote is needed.  I dont own the debentures, I own the 2013 notes which are 100% backed by MWS. I am not shooting shareholders down here, all i am saying is the notes are a no brainer. Shares get the leftovers which can be anywhere from zero to .60.

[colt451]

Yeah...I'm sure that Swanepoel doesn't know anything either, your the only one who does apparently, wait he owns the MWS notes? Wait, he owns more than you do, ever will, or even dream about owning? Wait...he saw the exact issue which I pointed out before this release? Shareholder approval is needed you idiot. God you are so stupid. Oh and 0 - 0.60 eh? Show me some DD instead of B.S

[Novaman67]

Colt, Proud is correct, there is no requirement for a shareholder vote.   How many times do I have to explain to you that you will need shareholder approval, and no one will vote for a asset sale that results in shareholders getting screwed for the benefit of note holders. You just don't get it do you, if the shareholders don't benefit from the deal it wont go through, the only

[colt451]

Given that large noteholder's of FIU and FIU themselves have alluded to shareholder consent being necessary I'm inclined to follow what I've read, if you have evidence, i.e. a NR that supports your argument that shareholders don't get to vote then post it, otherwise stop polluting the board with B.S. I' sick of the half as* DD that passes for research on this board. 

[Novaman67]

Colt, my company, Catalyst Paper Corporation, just entered CCAA the secured note holders are holding all the cards and the shareholders never had a chance to vote regarding disposition of assets. Shares went to a penny and a half. Delisting from the TSE on March 5. Remember Opti Canada? Secured note holders ran the show again the shareholders never a chance to vote on anything.

[rishshah2]

what is the valuation of this company????  lets say around 300 million or so...they are in talks to sell the main asset..might aswell sell the whole company for around $ 1.50 a share - debt... shares holders would get around 50 c a share...thats 3 times the current valuation.....time to load up on this...

[ecolo101]

Wow !!!!!!!!!!!!! You have the faith.... This waiting period is just more pain for the bagholders.....Come on DEO........Do something Stop the BS and deliver something or if you believe in it buy shares and show us that the insiders have some faith in the outcome ..... This is getting close to a complete screw up....in my book! For what it counts...My 2 cents,,,,Let's hope that we don't