First Uranium Corporation T.FIU

.125 cents now and .11 later

[prouditalian]

at least thats what I hope...very long at .125 cost so cant lose. Picked up quite a bit more at .145.

IMO, people should consider themselves lucky to be out of S Africa, the place will blow up and I can almost guarantee that Ezulwini will be a complete disaster for Gold One. The killer of course was the price Anglo payed for MWS, just shows how corrupt RBC and the rest of the Canadian brokers are, as well as management in FIU. If you wold have listened to me, you would have sold at at .80 and been buying back under .15 as well as buying the notes which I always said would be pad back in full.

I made money in FIU, but it was not easy.

[qriffin]

any idea when we will see that .11 cents id .11 cents at all?

[orbit_room]

12.5 cents on Monday October 1st 11 cents in Feburary 2013

[lefmike1]

Supertramp had a song just for you  Orbit_room   ......  it's from their Breakfast in America CD     D   R    E    A    M    E    R          Nothin but a      D R E A M E R

[orbit_room]

What was your average cost lefmike1?

[dubsbs]

@orbit room! Ithink you might have something there orbits. On Monday the share price should drop significantly.. With  a possible .11 cents left and 50% of time frame for claims on escrow expired .the risk has significanly decreased. If share price drops to .04 and possibly .11 with 3 months left to expire I think the risk /reward is worth taking a shot at 135% in three months . I will

[dubsbs]

CORRECTION ----Sorry not 135% S/B 175% typo error

[lefmike1]

No BUBSBS  not a chance, I lost a bundle, I've made most back elsewhere  not ever going to buy FIU.. I only follow this because I and a few others put so much effort into trying to fight this fraud.  I really in all sincerity hope you guys do get what you think you;re goign to get,  but I have serious doubts regarding the escrow and the first payments.  They lied

[orbit_room]

@lefmike1...my questions was, what was your average cost?

[dubsbs]

there is really something wrong here. shareholders of record date of Sept.28.2012 will received .125 dividend distribution today. this leaves only the.11 in escreow. Why would the stock trade at .135 - .14 this morning. UNBELIEVEABLE >>>>>> S/B selling ariound .03 -.04 .

[orbit_room]

I find it strange too. When do you think we'll see the cash in our accounts?

[aiuser]

I agree.  Looks like someone did not read the new release properly.

[orbit_room]

I thought they would have halted us. Is it possible that there is more value after the 2nd payout? Value that we are missing?

[deleuze68]

It is trading on a due-bill basis. Ex-div date is tomorrow October 2nd, due bill redemption date is Oct. 4th.  

[aiuser]

What do you mean due-bill?  According to news release, "Holders of the units (the "Units") of record as of the close of business on September 28, 2012 (the "Record Date") will be entitled to receive the Distribution".  Wouldn't that means whoever owns it today will not get the initial distribution?

[deleuze68]

Refer to the September 17th release,   " Due bill trading The issuer has declared a special cash distribution of 12.5 cents per unit payable Oct. 1, 2012, to shareholders of record on Sept. 28, 2012. The units will commence trading on a due-bills basis on the NEX board effective from the opening on Sept. 26, 2012, to and including the payment date, Oct. 1, 2012. Sellers of the units on

[aiuser]

Where do you get this news release? I can't find it anywhere.  Thanks

[deleuze68]

It was filed with the exchange; you can find it on stockwatch here https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFIU-1996896&symbol=FIU&region=C

[orbit_room]

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3AFIU-1996896&symbol=FIU&region=C

[dubsbs]

Well that solves that. I'll bet alot of buyer's and seller's were not aware of that. Me included. However strong buy tommorrow at .035-.04 . load up for another ride only in the right direction this time !!!!!LOL

[investorrook]

Hello Dubsbs and others,  i do have FIU stocks for quite sometime. just was not able to decide what to do.. I"m not following on the latest distribution that was announced for 12.5 cents and all.. really no clue.   Can one of you please help me understand this ? lost too much on this stock,   Appreciate your insight..

[dubsbs]

@investorrook !!! In a nut shell.  Today you receive .125 per share dividend for each share you hold. Moving forward they are the escrow accounts to be distributed that total .11 per share in Feb. now here is the H**ker. Will there be escrow funds left for common shareholders at 12.31.2012 or will there be claims against them.  So far 3 months of the 6 month cooling period have gone by

[investorrook]

Thank you dubsbs. So, the minumum we could get is 0.125 and a maximum of 0,235. in your earlier post, you were mentioning that this might go up to 0.35 to 0.4 by tomorrow., any reason why you were quoting that prices ? Also, can i see tomorrow or today and still eligible for the escrow amount that would come sometime Jan 2013 ? what a mess i'm in... Regards, IR

[dubsbs]

Sorry thats .035 - .04 tommorrow. Also to be eligable for escrow you must be holding your shares in Feb when and if there is a distribution of the funds. they will exchange your shares for the funds.