SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SergioV. who wrote (93)5/14/1998 9:50:00 AM
From: Rich Kaiser  Read Replies (1) of 2444
 
Financial Post Article:
The Financial Post reports in its Thursday edition that shares of Napier International Technology rose 17 cents to a "52-week closing high" of $3.65 on the Toronto Stock Exchange on Wednesday, on volume of 966,600 shares. The Post does not note that Napier shares closed at $4.49 on May 6, after reaching an intraday high that day of $4.88. Market Action columnist John Greenwood says the shares have soared more than ten-fold since the beginning of March. They have been among the most actively traded issues on the TSE for the past two weeks. Company chief financial officer Jim Grinnell attributes the recent share price hike to Napier's decision to move into a new line of business. Mr Grinnell says the stock traded at ten to 15 cents for years and the company was barely able to survive, but a little over a year ago Napier disposed of its anti-stain business and it is now making paint stripper for the aircraft industry.
=====================================================================

Just more good press for NIR...YES!!!

Rich
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext