First Uranium Corporation T.FIU

Postmortem

[uranicynic]

In the end we simply ran out of time. The debentures are due in 3 weeks and Betsky ran out of nerve with two days to go. It would've been the ultimate game of chicken and the retail holders were never in a position of power. Our management team out manoeuvred us one last time by springing the asset sale and allowing so little time for counter proposals. 

Lessons to be learned. Make sure management has shares in the company so that their interests are aligned with the shareholders. Never invest in South African companies.  

Things looked so promising, a bull market for gold, uranium in a favourable supply and demand situation. Congratulations management you managed to lose when the deck was stacked in your favour. If there is such a thing as karma ..... 

I'm a bit bummed out and sitting on a considerable loss. I know there are people worse off and I take no consolation in that. I'll be monitoring things over the next couple of days but it looks Nick Betsky sealed our fate. What was a long shot is now a near impossibility.

[Boolish]

Good summation there. There is still 40-45% on the tablle for those buying a derisked position here however. You can bet some funds will clue into this.

[lefmike1]

There are always some who love to read their garbage...They think peopel actually care what they say, myself included.....  Funds had deserted this     P iece  OF   Sheit   stock  last year and do you think for a second they would returned now??  Give that empty head of yours a shake,  .. That sound you hear is the ONE

[Boolish]

LMAO.....sounds like Mr Burns threw in the towel and is a _unt hair away from going postal.

[just_me...]

Some developments today! I wonder how much help we give them in organising their strategy?!? Gentlemen, I'm not sure if I'll be at the meeting... Who knows what will happen in another day?!? My family votes are casted for NO... at least that much! (HA, Ha, ha...) I wish you all, ALL THE BEST! Cheers and Good Luck!