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hispeedsoul

08/16/11 4:27 PM

#106488 RE: jpp09 #106486

There is not a reverse split happening. Shining Tree is going through a spin-out, and the niobium property is going through a share swap....pending shareholder vote.
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dmbao

08/16/11 4:35 PM

#106489 RE: jpp09 #106486

$5 seems a bit low for a Niostar Ipo as it would amount to 50 million market cap depending on the % owned by the HKHE financiers. I would hope we see more like 3x that or higher marketcap.