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joseytheoutlawwales

10/06/14 11:54 AM

#143752 RE: Evil Rabbit #143751

Public accounting of all shares...

Should get interesting.

I'm a big fan of the spinout and the 'reported' manner in which shareholders receive a stake in Niostar.
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joseytheoutlawwales

10/06/14 12:13 PM

#143753 RE: Evil Rabbit #143751

I also just looked at several accounts and I have a veritable arse-load of SRSR. Been accumulating for a long time.

Heck, in my TDA account which I've only been buying recently I already have 500k.

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Tar sands

10/06/14 12:34 PM

#143756 RE: Evil Rabbit #143751

IMO if the Company is able to meet the goals that they have set it a very good buy at this level. I personally believe that one doesn't need to rush a "buy" as there is no significant buying pressure. I am of the opinion that the Market is looking to see some of the expectations set by the Company met. Based on what they have formally announced, barring the unexpected, I believe they will succeed in meeting these expectations.

The expected "spin out" of Niostar will allow the new entity to have a fresh clean start. If matters work out as the Company has announced through PR s (further confirmed through CC) I would think that obtaining favourable financing, going forward through the new entity, will become much easier. IMO the pricing will be much more attractive but it will take a bit of time.

For me a good week is not so much the PPS, at this point, but the realization that the Company has a Corporate Plan and that steady progress is being made to reach their ultimate goal.