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shortsinthesand

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shortsinthesand

Re: None

Monday, 05/14/2007 10:40:35 AM

Monday, May 14, 2007 10:40:35 AM

Post# of 39254
Siguiri Basin Mining, Inc. (Pink Sheets:SBMI) Addresses Share Structure; Announces No Reverse Split Planned
Monday May 14, 10:28 am ET


CORAL GABLES, FL--(MARKET WIRE)--May 14, 2007 -- Siguiri Basin Mining, Inc. (Other OTC:SBMI.PK - News) has directed that its stock structure information be updated to reflect the total outstanding share amount of 705 million shares. The Company believes the current share price does not adequately reflect the value of its joint venture with Consolidated Mining and Minerals. However, at this time the Company has decided not to affect a reverse split; instead, SBMI will continue to concentrate its efforts on achieving producer status in the coming weeks.

> These messages are only the opinion of the poster, are no substitute for your own research,http://investorshub.advfn.com/boards/board.asp?board_id=7707

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