That is a very decent objective summary about shorting here. It definitely happens, to what extent, we can’t know. So it is up to everyone to form an opinion. Some make a considerable effort to have an informed opinion, some not so much. I have mostly learned that many here actually have little interest in informing themselves. But regardless of the amount of or lack of research on the topic that one has done, many here have no problem expressing their opinion. So with a few exceptions, this topic looks like it is getting treated by kindergarteners, not graduates. Mildly amusing on the more boring days …
To establish the proper context, this topic is a distant sideshow. The main show is the rocks in the ground, the development to date, the prospects, the niobium market, the supply and demand, the improving fundamentals, etc. On top of that, yes, seasoned, capable, careful, confident management. So we are reaching the point where “any day now” becomes just “now.”
Fwiw, I will offer my opinion. I would say that there are 200M shares naked short, minimum. There is a good chance the number is more like 400M-500M or more. If it is only 50M or less, a number some would declare significant, and yes it is to some degree, I will admit that I was wrong. I think the short comes from a number of reasons. Most of it is likely a “legacy” short from prior to when Scott took this over. Much of that is likely “innocent” from MMs just targeting what they might of thought was another run of the mill junior exploration company. There has also likely been shorting that is not so innocent, from opposing interests in the global niobium market. And then there is likely some “maintenance” shorting, price suppression applied as the existing shorts feel necessary to contain it. So there you have it. As downsideup suggests, this is not scary, because the rocks are there, their value will win out, and Scott & company are getting it done. It is opportunity, pure and simple, to set yourself up for the day that this “accumulated future demand” becomes recognized.
So there you have it. Good luck to all!
Niobium in
Ontario -
WOW!