Wednesday, May 27, 2015 11:41:16 AM
In order to UPlist you would need to move up. The CSE is the OTC of the Canadian stock exchanges. If anything it is a sideways list. Dan even stated to me that the reason for the CSE listing is because SRSR is played out. Everyone knows Sarissa is a bad investment. Niostar though has not screwed over its shareholders yet so it has a fresh start and no reputation of being worthless to those that buy on hype and do no DD
But the bottom line is that it is everything a reverse split is or you would be getting 1 niostar for every 1 SRSR.
That of course is IF they ever actually do the listing.
In the end you will have 35 times less shares to represent your investment. Those shares will not be 35 times the price so you will immediately lose money on the "split".
Then they will dilute your shares. And every 1 share added is 35 times the dilution you would suffer here.
Bottom line is there is NO WAY that an investment in SRSR will make a gain in Niostar for at least 5 years.
That is IF they decide they actually are going to build a mine.
The safest bet is to dump anything you hold now. Wait for the Niostar listing. Watch the PPS for about 6 months and when it finally puts in a bottom buy in.
My guess is that bottom will be somewhere around .05-.10 after the split which is between .0014 and .002 for SRSR shares.
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