Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You should be green very soon IMO, still oversold, looks like it bottomed out.
Yeah, come on Oct. 18!
Whats new, over-promise under-deliver , been like that since 2009.
Wish the company would've waited till closer to the meeting to release this, so called DC. How does this better inform me, to make an educated vote? Nothing we didn't already know, old copy and pasted PR's. Wish they would've told us 6 months ago they were seeking shareholder approval for ST spin out. Not that seeking our approval is a bad thing. Hope they release something to keep us afloat till Oct. 18th, but it seems their hands are tied till they have SH approval. Dissapointed. Well, I guess in the end SRSR SP doesn't matter it's all in the spin outs.
What does l2 look like?
Couldn't they have told us 6 months ago they were going to seek Share holder approval for ST spin out? Very poorly done.
Pretty disappointing imo.
Don't you think Scott would've rather exercised $175,000 worth of options at .02 for over 1% of the whole company? Rather than 1.5% of 1/5 of just Nemegosenda. I think it was given to whoever we signed two business agreements with as all three agreements were signed on June 1st.
LOL, no doubt.
Merle will verify they are still acting as our advisors.
If I was Scott I'd rather excercise $175,000 worth of options at .02 for over 1% of the whole company. That makes to much sense though.
Thanks, that makes alot more sense than how I wrote it! ha
So you're saying this third party who now owns 1.5% of 1/4 of Nemegosenda's profits, once it becomes an operating mine. Is now going to dilute SRSR to oblivion (wasn't aware 1.5% of NSR on 1/4 of the property, gave someone the authority to dilute, makes sense right?). Just so they can collect their 1.5%, again on 1/4 of Nemegosenda? Forgive me for having such a lack of understanding, I'm pretty dumb when it comes to this stuff.
Funny thing I hear about something called a DC, coming out in 11 days that's supposed to disclose this information. LOL, giving someone the right to acquire 1.5% of profits on 1/4 of Nemegosenda for 2+ million dollars, only if it becomes an operation mine. Still don't get how this is Negative.
Let me break this down. Someone is willing to pay 2+ million for 1.5% of the profits of the initial Nemegosenda claims, approx. 1800 acres. So if Nemegosenda doesn't become a mine they get nothing. Our holdings at Nemegosenda are now 9000 acres. So they're valuing our initial claims right now at 130 plus million, and obviously they expect a healthy return on their investment. So how is this negative again? I'm not getting it.
The way I see it is that someone bet $ 175,000 just for the right to spend another $2,000,000+ to own 1.5% of the revenue of the initial Nemegosenda claims. That's how sure they are it'll be a producing mine. Looks good to me.
Lol, what are we voting on? Are you serious?
Sedar says the meeting will be OCT 6th.
If it's posted on SEDAR. It won't be available for viewing until the next day.
Here is a list of Nio-stars claims (scroll down to Nio-star Corp.) I don't know the coordinates though.
http://www.mci.mndm.gov.on.ca/Claims/Cf_Claims/clm_cls.cfm?Div=60
I noticed there's three new claims posted a little over a month ago under Nio-star, claim 4246909, 4246910, 4246911 in the Collins township, they're part of Nemegosenda, I believe they're new as they aren't listed in the 2010 NI report. I could be wrong though?
STAKER 2011-Jul-27 RECORDED BY KELLY, KENNETH ARTHUR (1002146) R1160.02505
STAKER 2011-Jul-27 KELLY, KENNETH ARTHUR (402036) RECORDS 100.00 % IN THE NAME OF NIO-STAR CORP. (408226) R1160.02506
STAKER 2011-Jul-27 RECORDED BY FRIEDRICH, SCOTT ROBERT (1007822) R1160.02503
STAKER 2011-Jul-27 FRIEDRICH, SCOTT ROBERT (407506) RECORDS 100.00 % IN THE NAME OF NIO-STAR CORP. (408226) R1160.02504
STAKER 2011-Jul-27 RECORDED BY CURRAH, LUCAS ANDREW (1007743) R1160.02501
STAKER 2011-Jul-27 CURRAH, LUCAS ANDREW (407431) RECORDS 100.00 % IN THE NAME OF NIO-STAR CORP. (408226) R1160.02502
Nice buys at the ask!
Vagueness in a circular is an oxymoron. Don't fret, it'll be ok. Either sell now, or wait 7 more days? Telling everyone how fearful you are on Ihub isn't going to help anything.
Yeah, a whoppin 210,000 shares traded at the bid. Is the floor falling out? lol. I added today :)
Gotta love it, whenever the bashers show up we move up :)
What's the point while were on the pinks with a large share structure. How many otc pink stocks do you see that have had sustainable growth in pps. Wait till the right people are listening to promote it, which will be soon. JMO
No, the record date for shareholders is tomorrow, and then the DC is mailed sept. 15th and the shareholder meeting is Oct. 6th.
"In November 2010, CIC opened its first
subsidiary outside of mainland China in
Hong Kong. CIC International (Hong Kong)
Co., Ltd. is an independent subsidiary mandated
to expand and improve CIC’s cross-border
investment operation by fully leveraging Hong
Kong’s status as a premier global financial
center and its proven credentials in cross-border
investment, trade and financial services. CIC
International (Hong Kong) Co., Ltd. will be
a key platform for investment and financial
trading activities such as fiduciary services
and public listing of companies in which CIC
has invested.
"SRSR is pleased to announce that it has entered into an option and financing agreement (the "Option") with a company based in Hong Kong"
Just a little speculation, don't take it seriously :)
The listing in the link from CIC International ltd. Is clearly geared towards junior exploration company's, JV's, project development, projects at the level of Nemegosenda. They're also one of the main financiers at the Macau expo, for junior exploration companys. Of which every project listed so far hasn't even completed feasibility studies.
It was exactly what is posted on Rio-top and the Macau expo now. Except under "cooperation" it said interviews, and "Other notes: mining transport facilities, but the infrastructure to be improved." One slight difference in the last quote is it used to say "infrastructure needed to be improved" Might not really mean anything. I don't know.
Nemegosenda was listed on their website a year ago 8/21/2010.
"Main functions of Rio-top International Mining Investment & Financing are as follows:
1. Investment and financing services for the global mining industry.
2. Venture capital and financing for the global mining projects.
3. The acquisition of second-hand mining equipments.
4. Provides quality projects of mining earning rights for the investors.
5. Provides joint venture, cooperation, merger and acquisition projects of the global mining rights for the investors.
United with world's numerous mining enterprises and financial institutions, Rio-top International Mining Investment&Financing Bank Network integrates a lot of world-class mining management personnels and experts, and seriously analyses and screens a variety of everyday mining and investment information from the world and then recommends the mining investment, cooperation information and projects which are reliable and have investment value to the investors and project sides. Rio-top will track a full range of services for each valuable project to achieve the best allocation and resources integration for projects and funds. United with world's numerous mining enterprises and financial institutions, Rio-top International Mining Investment & Financing Bank Network integrates a lot of world-class mining management personnels and experts, and seriously analyses and screens a variety of everyday mining and investment information from the world and then recommends the mining investment, cooperation information and projects which are reliable and have investment value to the investors and project sides. Rio-top will track a full range of services for each valuable project to achieve the best allocation and resources integration for projects and funds.
Rio-top's service purpose is to link funds, mineral rights, projects, information, services of the global mining sector and help the world's mining industry quickly get out of adversity and overcome difficulties. Let's sing a more powerful and majestic march on the platform of Rio-top International Mining Investment & Financing together ! Rio-top's service purpose is to link funds, mineral rights, projects, information, services of the global mining sector and help the world's mining industry quickly get out of adversity and overcome difficulties. Let's sing a more powerful and majestic march on the platform of Rio-top International Mining Investment & Financing together!"
Again this is purely speculative.
"CIC selects investments based on established investment principles and values. under CIC usually does not take a controlling role – or seek to influence operations – in the companies in which it invests."
"A, joint ventures (equity type): Foreign investment shall not be less than 25% of the total investment, mutual enjoyment of rights and obligations of co-operation, China's pro-rata dividend to consider the land, plant and equipment off-owned shares, be outside flexible approach to controlling the operation! Corporate form of limited liability company formed the company in civil activities, civil liability with its registered capital."
"The company has a wealth of investment and financing, planning, investment management, business development consultancy and other financial services, operational experience, the long-standing major in financial management, "
I know, http://cn.rio-top.com/index.aspx has also had Nemegosenda listed since august 2010.
This is purely speculation, but after reading this. Does anyone think that Beijing CIC international ltd, could be our JV partners? This is from the same website, that has Nemegosenda listed on it. They're also part of the Macau expo. and they own 18% of TCK.
http://translate.googleusercontent.com/translate_c?hl=en&prev=/search%3Fq%3DNemegosenda%26hl%3Den%26lr%3Dlang_zh-CN%26biw%3D1024%26bih%3D580%26tbs%3Dlr:lang_1zh-CN%26prmd%3Divns&rurl=translate.google.com&sl=zh-CN&u=http://cn.rio-top.com/kuangquan/kqshow.aspx%3Fid%3D5603&usg=ALkJrhjM9SFIXn4HaD2kqde0ZQxg0hhvUg
"BEIJING Asian Metal 25 Aug 11 – Sources told Asian Metal that niobium metal market is still active these days, with the price of niobium metal 99%min being firm at RMB800-840kg USD56.7-59.5lb and niobium bar price being firm at RMB850-900kg USD60.2-63.8lb. '
They're going for the cdn tsx-v for Shining Tree Resources
and Hong Kong for Nio-star.
Ah that sucks, what is that like a little over three weeks away? I've been here for 3 years, I don't know if I can wait that long. Maybe if I whine and complain every day on I-hub it'll make me feel better.
6 trading days left before august 30th, maybe we'll get a PR this week?
Man, talk about a bad time for people to lose their patience lol. This hasn't even started yet. We're at the tip of the iceberg as far as disclosure. This is a steal at this price.
"Welcome to the post-digital world, where foreign policy won't be dictated by oil and gas needs, but by cobalt, lithium and niobium. "
http://english.aljazeera.net/indepth/opinion/2011/08/201181881418513391.html