Niocorp Developments Ltd (NB)

[grunt23]

Hello monacle:

A beautiful day in the Colorado Rockies!

Wish the share price of our shares were doing the same thing that my golf scores.

Back to my opinion regarding the market makers.

Not all stocks have them. A Brokerage house signs up for that commitment, most likely they assign a broker to handle that account. An agreement is entered into by both parties. The Exchange (in this case the TSX) and the brokerage house. They commit to maintain activity on that stock. With a maximum number of minutes in between trades. They pay zero transaction fees when dealing as MM's. If they fail to maintain the agreed activity they loose their privilege and a fine could be imposed.

The very small short shares on this stock are most likely in the hands of the MM's. They make their profit by trading the stock, however their goal in most instances is to maintain their MM book clean of any shares.

That is why in my opinion the company must always look to pursue new investors. In my opinion, when I refer to the company, I am not only referring to management, but specifically WE the owners of it!.

Happy Investing!