Replies to post #110633 on Sarissa Resources Inc (SRSR)

[Newbie_Niobium]

That would not be in keeping with the promise of increasing shareholder value.

More words I don't wish involved in my investment..... the word "promise" is very subjective. Whom has Scott promised the return to at this stage? SRSR shareholders? Private Placement holders? HKHE?

He promised to return value in SRSR. When Nio is spun out and is free and clear of SRSR........ What does that do to Scott promise?

IMO

[dmbao]

I don't belIeve this is what they are doing but it's possible. They could list Niostar and retain SRSR's ownership within the SRSR shell but I expect it will be spun to shareholders instead. Time will tell. Either is fine no one is getting screwed either way.

[ben392]

I agree, I can't imagine a scenario where current SRSR shareholders don't get a stake in the new Niostar.

[downsideup]

I think it's a positive, either way...

Either we get shares in Niostar, with or without a listing on another exchange, before or after they've done an IPO ... or SRSR continues to hold our Niostar shares for us, with or without a listing on another exchange, before or after an IPO, exactly as they do now... right up until they choose to follow through with a distribution.

The timing of things and the sequences in events haven't been defined... and that is an interesting source of potential advantage, IMO.

There are a couple of "wrinkles" in the differences that might result, which include some interesting potentials that might result only from the possible variations in timing and sequencing in events...

I'm not the least bit uncomfortable having our Niostar interest being held in SRSR, right now, particularly with its affairs and market interactions being managed by Scott and Dhalman Rose... so I don't see there is any reason I'd think was rational to worry about things as they get closer to implementing changes ?

Maybe there will be a "one and done" distribution at some point... or maybe they'll meter Niostar shares out over time ?

Its possible they'll come up with a method that might create arbitrage opportunities between SRSR and Niostar ? Or, its possible they intend to ensure that is absolutely impossible ?

It's pretty hard to come up with a plan for optimizing trading your position, when you don't know anything about what the changes coming are going to be looking like...

Advantage, holders...

I think there are some people who are already angling to try to game the trade. My "feel" for it, and that is all it is, is that patience is probably the better strategy...