First Uranium Corporation T.FIU

proxy vote

[COUGAR68]

got a call from investor relations to see if I needed help in voting my shares.  Based on the information I have read, I asked what w/b my share after expenses?  The caller told me FIU needs to pay $300M in debt first and could not tell me what I would get.  Are you kidding me!!  First off, mgmt should rengotiate the debt and payoff with stock.  They should also extend/defer the payment dates so the debt can be paid as an indirect expense of mining.  What mgmt would sell the assets and not the company as a whole.  How can mgmt expect anyone to vote yes when they cannot tell us what we will get after expenses.  Are you kidding me??  Sell the company as a whole with a firm price.

[dubsbs]

good point cougar68 but at what price ??????

[COUGAR68]

I agree with Olma and Sprott...45 to 55 cents seems fair.

[uranicynic]

Cougar68, I agree with everything you wrote. This asset sale is a joke. I believe it's just a devious way to eventually return zero to the shareholders. I know we can be a bit monotonous in our warnings that a NO vote is the only hope to salvage anything from this South African sinkhole but I see no other solution. 14 more days to go and if they are all like the last couple of days it will be