Niocorp Developments Ltd (NB): Depends on what the warrant exercise pro...

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Niocorp Developments Ltd (NB)

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Re: TO Double D post# 20632

Wednesday, 10/26/2016 12:12:37 AM

Wednesday, October 26, 2016 12:12:37 AM

Depends on what the warrant exercise produces. If it looks like they will need to raise money around the same time as the BFS release I think the stock will struggle to move more than .10 usd higher. A run will be held back by the idea or knowledge of possible cheaper shares being available. Perhaps they find a new source for that money, that would be positive. Or perhaps they return the well, in which case we already know how that goes. I do not know what their plans are.

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