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https://www.marijuanamoment.net/lawmakers-react-sessions-anti-marijuana-move/
Jeff Sessions is already getting pushback from lawmakers on his STUPID decision.
This is the same thing that happened on 12/12/17. Gap down on garbage news to scare the weak hands out. Strong hands were buyers and within 11 days made 500+% from 12/12/17.
Do you really think California Attorney Generals and prosecutors are gonna prosecute marijuana use? No way, too much tax money! Jeff Sessions is 100% WRONG on his marijuana policies. I agree with him on Immigration, but this marijuana enforcement is garbage. Besides he gave local prosecutors discretion as to whether to makes charges or not. There will be ZERO enforcement in Cali over this memo.
LONG and STRONG! 2018 SPLIF is $DOLLARS$
Consolidation flag after a huge upside breakout. This is good. Be patient and accumulate and wait for next leg up. Weak hands get shaken out here for strong hands to profit off of later. Upside for 2018 is many $dollars$.
Absolutely ON FIRE! Gap and Go SPLIF!
I think the denial was all administrative garbage and a mistake on the authority's part. In the meantime it's not like they had any interruption in doing business, or had to shut down production. They are still doing business using their current license. I think this will all be taken care of soon and they will be fully future licensed again in CO. This will all blow over soon and the stock will rocket to the moon. Buyers sucked up the weak hands' shares and are still buying. Upside is HUGE with Nutritional High. 2018 is the year we see $dollars, no more pennies here.
Say hello to the $0.20's next week ZeroCorp. Your magical carriage just turn back into a pumpkin.
$0.00 - This company's new name is ZEROCorp.
To all you sheeple...keep following the lemmings off the cliff.
Stock is being priced out of existence. Undeniable facts:
-75% Market Cap since 2015,
-75% PPS from highs in 2015,
- Net -8 million shares sold in the last 2 years.
I'm done, I'm out - 6 years holding and a huge waste of time, money and energy with this stock. Sold ALL 200,000 shares. I'm done, never coming back, never recommending this stock to anyone ever again. NioCorp just lost a long term shareholder/promoter for good.
When tax loss selling time comes, this stock will be in the $0.20's. Good luck to those still holding on, you're in for a bloodbath. Holding for another 4+ years to get to production? Those holding are in for PAIN!
Goodbye NioCorp, and good riddance!
Last post on here ever.
Scandium International Secures Scandium Exploration Property in Finland
https://web.tmxmoney.com/article.php?newsid=6960952900352979&qm_symbol=SCY
Reno, Nevada--(Newsfile Corp. - September 25, 2017) - Scandium International Mining Corp. (TSX: SCY) ("Scandium International" or the "Company") is pleased to announce that its wholly-owned subsidiary company, Scandium International Mining Corp., Norway AS, has been granted a reservation on an Exploration License for the Kiviniemi Scandium Property in central Finland from the Finnish regulatory body governing mineral exploration and mining in Finland. The Geological Survey of Finland ("GTK") conducted airborne survey work on the area in 1986, conducted exploration drilling on the property in 2008-2010, and published those program results on their public GTK website in 2016.
HIGHLIGHTS:
Kiviniemi property previously identified for scandium and explored by GTK,
Property is a high iron content, medium grade scandium target, located on surface, with on-site upgrade potential,
Early resource upgrade work done for GTK promising, confirmed by SCY,
Property is all-weather accessible, close to infrastructure, and
Finland location is mining-friendly and ideally suited to EU customer markets.
Thank you Trofee and Putz...it's scary as hell here right now. I am on the east coast of central Florida, less than 5 miles from the beach, and we are taking a direct hit from Irma.
Probably not gonna be posting or reading the board for a while...so I apologize before hand if I miss things and am out of the loop in the coming weeks.
Here's to hoping we are above C$0.70, and US$0.60 by the time I get back. Best wishes to all.
Sorry I've been preparing for direct Cat 5 hurricane hit. Besides that news just came out 4 days ago, the Friday before a long Labor Day holiday...no one reads news over Labor Day weekend.
Also, the article says CMC Cometals was split into different divisions. One being bought out by Traxis (Raw Materials trading division) and another division being the steel manufacturing business still owned by CMC Cometals.
So my question is which division is the CMC Cometals offtake now with: The raw materials trading division that was bought out by Traxis? Or the steel manufacturing business - which is still CMC Cometals (but possibly not for long according to the article you posted)?
NioCorp does not have a 25% offtake with Traxis.
They have a 50% offtake with ThyssenKrupp, and 25% with CMC Cometals. That is all.
Just an observation...but this period of trading feels very much the same as how the trading felt when we were trading at $0.10-0.15. Feels like we are forming the bottom of the cup, in a cup and handle formation - again. We are just at a higher share price base than where were trading at in 2012-13, and much much more de-risked and further along in the Elk Creek project than were were back then.
I'm sure NioCorp management knows exactly who is selling by Anon001. Unfortunately these tools are not for investors, but for company management. It would be great if NioCorp management could provide this info to investors at the town hall meeting coming up to expose these people.
https://www.tsx.com/tsx-company-services/understanding-your-stock-s-trading-activity
https://www.tsx.com/tsx-company-services/understanding-your-stock-s-trading-activity/anonymous-activity
There is also this tool on TMXmoney:
https://app.tmxmoney.com/research/anonymoustrading?locale=EN
Well said.
True, in a sense. Kind of an apples to oranges comparison though. Think about how many things that you have bought from Wal-Mart that are 5, 10, 20 years old and still running, and running well, after day in/day out use for their entire lifetimes?
Exactly. That "article" was a joke...may as well have been a blog post by Joe Smoe China.
I don't really care if you are convinced or not...those are facts when dealing with China and using Chinese made products in a host of categories and industries. Look at Microsoft (forced to give up the source code for Windows OS to do business with China - totally undermined their products' security and reliability in the process), Apple - same thing...like I said the list goes on and on. Companies have finally gotten wise to this and are leaving China because of it or outright refusing to do buisness with them for fear of undermining themselves in the process.
Do you represet Bloom Energy's logistics department? DoD's? Are you a represetative for any kind of supply chain logistics? Risk management? I didn't think so, so your comment is irrelevant. It is just your opinion which holds zero weight in the end users eyes who would be purchasing and using Scandium Oxide products, or any other products/materials sourced from China.
And look at the end users still looking for reliable REE supply to this day. Whenever China wants they could cut off supply again like in 2011 and costs would skyrocket and end users who use those products/materials sourced from China are screwed....again. The main positive for end users of NioCorp products is diversity and security of supply, and not having to deal with the Chinese govt. Do you really think the DoD is going to base their weapons supply chain logistics on China? You are out of your mind if you think so.
If I was an industrial producer of products that needed Scandium Oxide in some form for my products I would stay far away from Chinese produced materials products.
The Chinese can't even make tooth paste, drywall, baby formula/milk without poisoning their own consumers. These are documented/already proven cases of Chinese garbage products being supplied as "quality" products, and coming back to bite the companies badly in the end. The list goes on and on.
If I were producing products that were going to be in use for long term applications (think Bloom Energy SOFC's) I would not even think about doing business with a Chinese supplier. You would be severely undercutting the quality and reliability of your product right off the bat by using Chinese sourced Scandium Oxide materials.
Basically, the argument is:
1) Use actual quality sourced material and pay for it up front and be comfortable knowing you have a superior product that cost a bit more up front to produce that will stand the test of time and give your customers what they actually wanted/paid for in the first place. Keeping your customers coming back for more quality products.
OR
2) Use Chinese made/produced non-quality material to produce your product to save a few bucks on up front production costs, and then deal with all the problems and issues that come with using poor quality Chinese made materials in the end. Thereby losing all your customers because they found out/realized that you cheaply made your products using garbage material sourced from China. It's a disaster waiting to happen for any company that uses Chinese made products and materials.
Not to mention China will force companies to give up proprietary technology to access their markets/products. This is also well known and documented. As a company outside of China you are opening yourself up to massive supply chain risk by doing sourcing business with China...do you really want to take that risk and get in bed with a supplier like that? No thank you.
If you use Chinese made materials/products, as a company you are just asking for it...and your customers WILL KNOW THE DIFFERENCE!
No problem, I just call it like it is...good or bad. It's best to not be an optimist or a pessimist in the market...be a realist...call a spade a spade, and crap..crap. lol.
Nice upside move here on some decent volume after rejecting the recent downtrend low. Bollinger Band breaking out from down trend...check out the Weekly chart breaking through the middle Bollinger Band. Next stop $0.40's +, after that the upside is nearly unlimited. If we break through $0.50 it's game on, kaboom!
Directly from the link you posted from Metallica Minerals:
If this were China or Russia, this mine would have been open and producing material 5 years ago. The US likes to shoot itself in the foot all the time with the stupidity of our "smart" leaders.
The only way to help is to buy more NioCorp stock, and light a fire under managments' ass.
FYI, it seems like ALL Scandium related stocks are taking hits lately.
At this point I think it's going to be more of a roast, rather than a buffet...if ya get what I'm saying.
Sorry Landmark, wasn't calling you out or directing my comment at any 1 specific person...just generally speaking.
I'm just peeved at the stock price, and the chart action...it just breeds more sellers and momentum down. In general NioCorp needs to change that dynamic ASAP. I bought more shares below US$0.50 because it's just like you said - "ridiculously undervalued"...but I did so holding my nose, not with excitement.
The day the DoD signs agreements with NioCorp, I'll do a back flip off the roof of my house into my pool. Not just for me, but for the USA, because the procurement people at the DoD logistics agency will have finally gotten off their asses and done something positive to secure the strategic future of the USA's defense needs and cut China off at the knees in terms of strangling our supply lines. Why the US DoD let it get this bad to begin with is beyond me...it's dereliction of duty as far as I'm concerned. We NEED to have strategic critical metals mined and developed here, domestically, on a permanent basis.
I agree 100% that Mark Smith needs to be on Fox Business News, CNBC, CBS MarketWatch, and Bloomberg. Not Investor Intel, or CEO.ca...sites that frankly no one in the US reads or has even heard of unless you really dig into this stock looking for news/information. Those sites are a waste of time and money for NioCorp.
Unfortunately, I fear the very 1st question any good interviewer would ask, just by looking at the chart, is: "Why has your company lost 70% of its Market Cap and Share Price value in the last 2 years while the markets are hitting all time highs...what's wrong here?"
I've said this before, and I'll say it again - NioCorp needs to get off the Canadian exchanges and onto a US exchange ASAP. They need to promote the Elk Creek project to US investors much much better. I worked on Wall St for 13 years, and no one I have ever talked to has ever heard of NioCorp or Niobium unless I brought it up. When I tell them it is listed on a Canadian exchange ALL interest goes out the window.
Considering how critical Niobium is to the strategic security of the US in multiple aspects it is shocking to me.
"Non-information"...you mean like that NioCorp's Market Cap and Share Price has gotten destroyed by 70% since moving to the TSX?!?! That's math buddy. Frankly I don't care if you are interested or not in what I have to say. I have a right to express what I feel like. If you don't like it, ignore it. But the FACT that NioCorp has lost 70% of it's Market Cap and Share Price since moving to the TSX is a non-negotiable FACT. And it only seems to be getting worse with the release of the FS numbers 45 days ago. Which, I think, everyone was expecting a LOWER CAPEX number...but instead CAPEX went UP! So basically we spent an extra year, and $10's million to raise CAPEX, and lower IRR. The FS numbers, I think, were not what anybody was expecting, especially after listening to Mark Smith be "so excited" about the numbers with all the money saving process improvements and removing of the rail line, etc., hence the sell off after the release. It was a big build up to a fat nothing burger, and the market outright rejected it.
Now the reason I replied/posted in the first place was to comment on the "possible" move to the NYSE (asked by another poster in a prior post)...which is not happening anymore/anytime soon with the Share Price where it is at now. The rest of my post was just to express my dismay at the company's share price performance as a long term shareholder who has done everything in his power to promote NioCorp and the Elk Creek project for nearly 7 years.
Also, the silence of the mega bulls on this forum since the FS numbers were released has been deafening. Shocked into silence, is the phrase that comes to mind. I'll be super happy to be proven wrong from this point forward. Please realize that I'm a bull on this stock...just a very pissed off one right now. I'm also a realist, and I'll call it for what's it's worth.
Sorry if I got your panties in a wad.
At this point we should go back to the TSX-V (Venture). Being on the TSX has been a disaster for NioCorp since Day 1. No If's, And's, or But's about it. Tired of watching my investment get destroyed week in and week out. Been in this stock for nearly 7 years, and this is by far the worst I have ever felt about it. Losing nearly 70% of your Market Cap and Share Price while the overall market makes ALL TIME highs is so discouraging it is beyond comprehension.
That broker is an idiot if he said that - it is the exact same company with the exact same results - up or down.
What he probably meant was that there may be a tiny price differential between the Canadian listed exchange and the US exchange. So the bids and offers might be a little skewed on the OTC because Market Makers like to widen the spread a bit to get fools to pay up for shares and/or sell down lower to get out. So your "return on your money" might be less if you sell into a bid on the OTC that is purposefully lower then where the stock is trading at on the TSX.
SCYYF is the Over-the-Counter symbol for SCY (which trades on the Toronto Stock Exchange (TSX), which is the main exchange it trades on). SCYYF follows SCY trading. Just use a currency converter to adjust for CAD vs USD. It is the EXACT same stock. Numerous companies trade on different exchanges and do the same thing. I would avoid taking advice from that broker again.
The ONLY thing you need to follow is SCY:TSX in the link below. SCYYF:OTC will follow that exchange to the penny. Don't even worry about where SCYYF is trading and the bids/ask - it's all garbage Marker Maker games, it will follow SCY price action regardless.
https://web.tmxmoney.com/quote.php?qm_symbol=SCY&locale=en
I should also add, that the company is currently in the process of merging with SIL (who owns the other 20%) to become 100% owned (vs 80% owned), and the merger is going to be voted on on Sept 11th 2017 at the shareholders meeting. The price is at C$0.30 where the transaction is taking place. THAT is why we are stuck at this PPS right now.
Because NioCorp has been a disaster! The stock price has gotten destroyed over the last 2 years while the company has burnt through all their money and gotten into crappy deals with Mackie and Lind. There are no 2 ways around it. NioCorp has been a disaster and it is killing people! The markets have been hitting all time highs and NioCorp has been hitting 2 year lows!!! Shareholders are PISSED OFF!
Management better get their asses in gear - and quickly, or their won't be a shareholder base left to talk to at the shareholder meeting!!!
...and the stupid 500 share 001 Anon downticks below the bid continue. WTF!
You're welcome. I think it all comes down to getting financing and/or getting an offtake agreement signed and in place. They only need $100mil to fund the mine...that is not that much in the world of building mines.
Also, I do not think they do a good job of marketing what they have, and it's potential for massive returns to potential shareholders. I had to really dig through the Feasibility Study to find that little bit of info about the Feasibility Study using only 10% of M&I resources for it's valuations calculations, that honestly should be in BIG BOLD writing at the very top of the Feasibility Study, not on page 6 as a side note.
Whenever there is a news release I have to go looking for it.
SCY news releases
Mackie Research Capital Corp is a big seller today...wonder why?
Also, as a side note, it's nice to 001 Anon on the buy side of things for once.
Not gonna lie, NioCorp dropped a huge turd into their own punch bowl with the release of the BFS. This has been immensely bad. They need to do something ASAP to get the share price up and break this downtrend or there won't be any investors willing to stick this out anymore (I can't even imagine the pain investors who bought higher up are going through). Losing 25% of your Market Cap after the BFS release is just awful for everyone involved. People can rationalize any way they want, but the market did not like what NioCorp offered up...and it shows.
Why did we even take the extra year+ to get to the same result with a higher CAPEX, and lower pricing on the TiO2...makes no sense, and seems like a total waste of money.
I for one would not mind the news being released on Wednesday after the long weekend and both holidays (US and Canadian) because you will have fresh market eyes after a nice break, and you've got FOMC at 2pm Wed, with market moving economic data each day of the week...it's gonna be a busy, but short rest of the trading week. I'm not sweating it if they miss an announcement date by a few days because the calendar didn't line up perfectly.
LOL, priceless. Hahaha, he can hold his breath longer than me, and swims better than some fish!
North America...YES, North America...if you haven't figured it out yet I'm invested in a Canadian company right now with NioCorp. And if I had to choose (as per your post) between investing in China or North America (and yes, obviously Canada included) I would choose North America any day.
Also per your other post: