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Haven't been able to watch the presentation yet. Don't think its been posted on website ... Anyone find it?
TIA
Been watching this Co. for months now. Looks like the time to buy...
CEO Insider buy... not much but still a buy!
As of 11:59pm ET November 4th, 2014
Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction # or value acquired or disposed of Price
Nov 4/14 Nov 4/14 Smith, Mark Direct Ownership Common Shares 10 - Acquisition in the public market 3,000 $0.475
USD
Full credit to Inversor86 on Niocorp board...
inversor86 Monday, 11/03/14 03:33:33 PM
Re: None
Post # of 5173
How A Strong CEO Lowers Your Cost Of Capital
Just off Seeking Alpha
Nov. 3, 2014 3:31 PM ET | About: NioCorp Developments Ltd. (NIOBF), Includes: MCP
Dilution is the single greatest enemy to junior mining investors.
Pre-revenue stage juniors are always coming back to the market for more cash while they explore for and develop new mines, and if the share price hasn’t gone up, these financings can be dramatically dilutive to current shareholders’ positions.
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A little over 18 months ago a well known American mining executive joined a micro cap Vancouver junior miner and we were about the only media to take notice.
Mark Smith had been the CEO of Chevron Mining as well as Molycorp (NYSE:MCP), which was a high flying rare-earths stock in 2011, reaching over $70 per share. Despite the fact that Molycorp had since slumped to under $2, we thought enough investors must have made money with Smith in Molycorp that the market would find his joining the $0.10 NioCorp (OTCQX:NIOBF) significant.
Our repeated blog posts about Mark joining the company led us to interview Mark on video last December, and we also bought some stock in the company as a speculation at $0.15.
The bet was simple: new management had the stroke to push the company forward.
It was fortunate timing. Mr. Smith went on the road to tell the story in the early part of 2014, and investors liked what they heard. Within six months the company’s shares were trading at over $0.75, reflecting a quick five fold increase in price.
It helped that Smith put in a few million of his own money.
This morning, the company announced that they have received $10 million in subscription receipts in a “context of the market” priced offering.
NioCorp’s share price this morning is $0.55.
Raising money at these levels reflects a substantially reduced dilution factor to existing shareholders. The company would have had to issue 4x the stock at $0.15 if Smith hadn’t come aboard and inspired people to get behind him.
This is a fine example of how a management team with access to investors outside of the typical Vancouver and Toronto financial communities can have a real impact on a junior miner’s share price. The Denver, Colorado-based Smith never focused his marketing efforts on our currently depressed financial hubs.
Smith’s work with NioCorp reminds us that an effective CEO can lower a company’s cost of capital dramatically.
http://seekingalpha.com/article/2632275-how-a-strong-ceo-lowers-your-cost-of-capital?uprof=44
Picked up some more at .55 on tsx... Can't see it dropping below the PP offering. Expecting NR anytime soon.
Great board btw guys! I don't post often but check in regularly...
need to break through .62 on TSX.V
Very thin ask after that.
That quote cracks me up! "Hostage video"....bwahahahah. I watched one and almost threw up...
I really hope ATT has nothing to do with that guy. I sure hope he has nothing to do with PUF as well although he publicly tweeted he owns shares...
Thanks for the shoutout Curiousbuild re Niocorp.
What's really piqued my interest in this company is the resume of the CEO Mark Smith. His conviction in this project has been unwavering and he's a major shareholder himself. Check out his video interviews. His experience and knowledge in the Niobium mining industry are unmatched. As well he's purchased a substantial # of shares in the open market prior to becoming CEO. Yes, the ihub board on Niocorp is excellent and all the DD is there and up to date.
Thanks for the other possibilites. I'll check them out. I need some other stagnant plays to perk up though...
Cheers,
Whistlerguy
I'm seeing 680k traded today on TSX. Where are you watching?
LP is Licensed Producer
Me too...
We all want this to become the behemoth that we think it can be. Why not pick up a licensed grow op and start producing revenue to get this machine going. When we get the MMPR's we get even more massive. Why wait? isn't 1 guaranteed license better than waiting? When we get the other 2 or 3 we'll have worked out some of the bugs...
Food for thought...
I hear ya...
Just wondering if it would be more beneficial to get grow op portion of the company operational asap as opposed to wait and wonder about a pending license that may or may not arrive in the not too distant future. Sort of "take the bull by the horns" (pun intended) kind of approach...
Time will tell...
Cheers
Thought for discussion...
If Health Canada continues to drag their feet and Abattis' forthcoming licenses are delayed (I'm NOT saying they will be denied), how would you feel about about dilution in order to raise cash to BUY a newly licensed Health Canada grow-op?
This seems to be a potential trend with some of the mining co's turned weed co's...
Just sayin'...
Great that G&M included the stock ticker price compared to Tweed. Readers should get a sense of how undervalued ATT is..
No doubt... This article could help a lot ... Retweeted ya
These are the co's and people we want to be mentioned in the same breath with. This is excellent ...
$ATTBF DD re: Abbatis International Patent
WO2014083438 A2 http://www.google.com/patents/WO2014083438A2?cl=en&dq=inassignee …:"Abattis+Bioceuticals+Corp"
Would live it to, but what makes ya say that?
Keeping my powder dry and watching closely...
printed $1.97...
Need to break $1.94
Hahaha I've been in Vringo since oct '12 so I know we're in for a long haul!
Gonna play the Markman runup into Oct. Hopefully we get some pops along the way....
Glta
My 1.81's filled
Yep... Those .45's come up as well. Is that a benchmark for the bottom???
Unfortunately, I can't make it.
News ?????
Nice little climb so far this morning. Up 10%
Huge bids rolling in to support .60's in Canada
Excellent article outlining the Business Model
www.proactiveinvestors.com/companies/news/54622/focus-on-speed-cost-already-paying-off-for-cannabis-technologies-54622.html
Duly noted!
Tweets
whistlerguy ?@whistlerguy1 1h
What ya think about $canlf $can ? @WolfOfWeedST
WolfofWeedStreet ?@WolfOfWeedST 33m
@whistlerguy1 DD'ing $CANLF currently, no position in either...
whistlerguy ?@whistlerguy1 14m
@WolfOfWeedST They're the Platinum sponsor at Weedstock... Check out @ChrisParry article http://www.stockhouse.com/news/newswire/2014/05/20/medical-marijuana-update-cannabis-technologies-c-can-plans-to-become-gw-jr …
WolfofWeedStreet ?@WolfOfWeedST 13m
@whistlerguy1 @ChrisParry I know, i've talked with Their CEO
whistlerguy ?@whistlerguy1 10m
@WolfOfWeedST @ChrisParry Thanks for the reply! I'll be keeping a keen eye on $CAN $CANLF expecting runup into @WeedStockConf
When does this occur?
Great entry here if the Wolfpack gets on it!
Looks like some late friday profit taking after an impressive 3 day run. All pretty much on no news other than the listing on the OTCQB which didn't really show much volume today. Ii think its still under the radar down south...!
Bodes well for the lead up into Weedstock June 29th!!!!
We'll ... We all know why.
Very happy to see we're all on the same page now... Full info sharing is a necessity!
Kudos to you for getting him on the line....
Amen... someone's getting it.
Thank you!
I've met the CEO in Vancouver, I've talked to him, I want this company to succeed. I just don't want people to be left wondering WTF is going on!
I truly, honestly applaud you sir! If all investors were as steadast as yourself we wouldn't have wild volatility in this sector.
I'm not suggesting anyone do anything with their shares. I'm purely trying to explain the share price situation. Plain and simple.
WTF !!!!
$1.01 on OTCQB 5500 shares!
What would you do with 1400% profit and no significant license news?