Thursday 30 June 2011

333Pc site after the change of name is rare minerals but fresh controlled

The company, which has rare any mineral step or licences for mines, was a company called zest deficit music until eight days ago.

He did not reveal how it intends to acquire minerals that China has a quasi-monopoly. Neither disclosed countries where he seeks acquisitions with just 630,000 £ Silver Bank.

However, since it proposed November 12, change of name, its share price has more than quadrupled 0.35 percent it value at £ 3. 1 m 1.52 percent it value £ 13. 5 m.

The rise is likely to raise additional questions about the London Stock Exchange governance market AIM - three years on since Roel Campos, a Commissioner of the SEC describes the junior market as "like a casino.

It has been examined renewed since wild hand desire Petroleum Spurs earlier this month. A spokesman for AIM has refused to comment on whether regulatory team focuses on rare minerals

A broker said: "it is penny stock madness, a mentality of Flock, although I do not know what they are trying to cash on." This is just like a type of dotcom boom situation. »

At the height of the dotcom, string cash shells - companies with a quote from the stock market boom, but no real business - listed on AIM. The value is collapsed when the bubble burst, prompting the London Stock Exchange to modify its rules.

TD Waterhouse, retail sales, said that rare minerals broker is its most traded stocks yesterday with purchase orders more and fourth most sell orders. "It's the first time that I have never seen that it appears in the top ten," said a spokesman.

More than 143 m shares changed hands, in spite of no new information available to the public.

The company has announced recently was the price of 98 m for "directors, employees, consultants and advisers" sharing options at 0.5%, repayable in ten years.

Shares of the company also increased sharply in January, when he appointed David Lenigas, a veteran world stocks penny, as a non-executive. It is one of only two members of undisclosed and rare minerals was Director of 94 businesses including Solo Oil, Vatulouka Gold Mines and LonZim Board.

Last year, a study conducted by the Manchester Business School concluded AIM firms were likely to fail than those on other markets. However, they have more chance of survival if older, more large, had a superior free float and appointed Councillor trustworthy.

Rare minerals was unavailable for comment.


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