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The stock only needs to go up over 350% to get to our yearly high. Whooooo
Ah that’s all just DISINFORMATION! You need to stop believing everything that’s published. Always Wrong knows you can’t always believe the facts.
Niocorp does not have complicated financials at present. This is the second time in a row they have done this. What will happen if/when they ever get started building the mine and god forbid construction. The financials will be 1000x more complicated. If Niocorp management is trying to gain credibility among institutional investors, they’re doing a piss poor job!!!
Hey, stop the bashing. Niocorp management is busy preparing for hibernation through the winter.
Cracks me up how management has delayed a pilot plant into 2 years, performed a reverse split with some dregs of Wall Street that netted the company (us) a negative return and rewarded such dregs with a large portion of the company, then we are forced into toxic financing that decimated the share price and the company has lost over $250 million in market cap. Yet we have people like Always Wrong proclaiming management is the cream of the crop and anyone who speaks the facts are spreading “disinformation”. He and any other person that want to remain ignorant of the facts deserve zero respect or credibility.
If you love his junior high comeback, you’ll love how he shoots a spitwad…..SMH.
No argument that this is a great project. The management team is not as advertised. Those handful of cultists that follow this team can not do anything to bring back their credibility.
We are below $4 (aka 40 cents to the long term shareholders here) again! Seems that Mark and his brilliant team are worn out and beat up. Time for these guys to throw in the towel and get some real businessmen to close this deal.
It’s time for them to move on before they go for another round of toxic financing. They make paycheck advance places look good. Seriously, Mark has evaporated $250 million market cap in less than a year, yet some of the buffoons (Walnut, Always Wrong, etc, etc) on here continue to applaud him for the gross incompetence.
The best news would be that Dean Kehler is arrested by the U.S. Department of the Treasury's Financial Crimes Enforcement Network and Niocorp sells project to Rio Tinto for $2.5 billion.
Are you serious? I bet you’re a bottom dwelling financial advisor, disgusting. Everything you have said has not materialized over all the years you have spent convincing people to invest here. Even I believed in you at one time. Now I see you for the phoney you are. The fact you continue to support management for all their faults and mistakes is a testament to your ill character.
Here is James Kehler being portrayed by Will Ferrell (aka James King). Can anyone explain why Mark went to these Wall Street criminals? Mark and his team will have to answer for their mistakes soon. They can not hide under a rock forever.
Best sermon on Niocorp I’ve ever heard. Make that a sticky!!!!! AMEN Duke!
Mark’s constant assurance about him having integrity has went out the window with the failed SPAC deal and then topping that off with the Yorkville convertible debt financing. Mark has destroyed his reputation with his poor business dealings. Molycorp, IBC and now Niocorp have all failed under Mark’s leadership, or lack thereof.
It was great to see a decent run up on Friday. The reality is that we need to have a nearly 300% increase in the share price to get to the 52 week high we had before Mark got us involved with the Wall Street scum.
Only need to go another 300% to attain our yearly high. Love your enthusiasm and lack of intelligence.
Nice, Niocorp management is great at spending money and tripling their salaries over the past decade. They’re also great at making poor business deals with shady lenders and Wall Street jackals.
Gotta love how the company dilutes and issues shares when we are at near decade lows. Mark is great at lining the pockets of Lind, Yorkville, and screwing over retail investors.
I had several people warn me about this investment. I should have gotten out when they brought in Dean Kehler and Michael Masseli. Mark really marketed himself as an honorable man, but his actions and business practices have proven otherwise.
It’s infuriating to read some of these old articles. Like this one from 7 years ago where the company came into the area for one of their dog and pony shows. I actually went to this town hall.
One man was talking about how his teenage sons were putting their hard earned money from bailing hay and doing hard farm work to invest into Niocorp for college and their future. Sickening how these bastards have given themselves bloated increases in salaries since then, while those people are in the red from what they invested 7 years ago.
https://journalstar.com/business/local/niocorp-gives-update-on-elk-creek-project/article_d1a060dd-2d7d-5c25-8a3b-4d564f4de9a8.html
You may have something there. It’s absolutely disgraceful how Mark and Jim threw the retail shareholders to the wolves of Wall Street.
You’ll need nearly $300 million US dollars to recoup the market cap that Mark has cost the company in the past year alone!
Get Walnut on the case. He will find them! Oh wait, they were on team Walnut. Nevermind!
Funny how you, Skiluk and MaxZ were always saying the same thing. Promoting the vote YES for the merger and how great things would be when we get onto NASDAQ. The alternate egos Skiluk and MaxZ drop as soon as the disaster started to hit. Maybe just a coincidence, but you were all the big promoters of the failed SPAC campaign.
You were wrong and that’s not a conspiracy theory or bullshit, that’s fact. Get a life!
I think AO had Skiluk and MaxZ as his alternate characters. They all sang the same song.
Dead people and stupid people have a lot in common. Dead people don’t know they’re dead and stupid people don’t know they’re stupid. Which one are you?
I don’t get very excited about anything Mark does anymore. He’s really great at making awful business deals. He tells investors what they want to hear. For someone that claims to be a veteran in the mining world, he has failed miserably to get any reasonable terms of financing with IBC or Niocorp. The continuous use of convertible debt financing is the work of an amateur, not a seasoned businessman with a good reputation.
Unfortunately, it’s like being in the front row of a Gallagher show without a raincoat. God rest his soul.
I’m not Duke. Take your smug Cali attitude and stick it up your arse
No one cares what some SMF from Cali thinks. Doesn’t matter whether you’re south, north, east or west Cali. If you’re from Cali, you’re a SMF
Sadly, the politicians have done more for shareholders than Niocorp management ever has. Niocorp management makes deals (SPAC) that cost us millions of dollars in closing cost and then gives the sponsors of the failed deal millions of shares on top of that. Management will need to answer for their massive failures at some point. They can’t keep hiding.
Niocorp management are the ones failing Niocorp investors, not the politicians.
https://www.prnewswire.com/news-releases/niocorp-executes-contracts-with-state-of-nebraska-for-an-estimated-200-million-in-potential-tax-incentives-over-first-10-years-of-proposed-operations-of-the-elk-creek-superalloy-materials-project-300934256.html
https://www.prnewswire.com/news-releases/new-federal-legislation-could-deliver-powerful-new-benefits-to-niocorp-for-its-critical-minerals-301607332.html
https://finance.yahoo.com/news/nebraska-u-senator-deb-fischer-210100099.html
Reality, Mark’s poor performance and inept leadership has cost us hundreds of millions in market cap. That’s not make believe, that’s a fact. I can’t wait until the next AGM or town hall.
Are you on vacation at the Grand Canyon?
Don’t forget the demonstration plant that has been dragging out for over a year with no economic analysis ……..and financing is imminent.
I don’t understand how Walnut or anyone else can continue to defend Mark after the SPAC deal and how horrible the structure of the deal was. How could he give majority ownership to people that give you nothing except debt in return! Mark failed the investors who have supported him for a decade. It’s a damn shame that he has remained silent while the company has lost over a quarter of a billion dollars in market cap value from his leadership, or lack of.
You may be onto something. I wouldn’t be surprised if you were correct. Follow the money!
Exactly, how in the hell does anyone defend Mark Smith and remotely hold him in high esteem of being a brilliant businessman?!?! Pathetic is what it is!
Whatever, Mark’s gross incompetence has cost our company over $265 million in market cap. There’s no one on this board that has had a damn bit of influence on this sell off.
Mark fu**ed up and made a horrible deal with some bad people with a shady business history. I want to know why he never had something in the deal to ensure a minimum amount of capital for the deal or it would have been null and void. Furthermore, why the fu** would he appoint those same people to the BOD!!!!
One of the most significant posts from anyone here in a very long time. I know several investors can relate to the post from NavyHusker. Investors are waking up and they are waking up like a grizzly bear after an extended long, cold winter.
Thank you for the reply. I understand it, but I don't agree with Mark's statements that you paraphrased (I'm believing you 100% that what you posted is the essence of what he said).
Mark's statements don't account for about 4 years of talking about how close beginning construction was starting from about 2015.
Nor does it track with NioCorp significantly increasing the equity compensation of management from 2021 to 2022. Mark's equity compensation went from a little over $100k/year in 2021 to well over $250k/year in 2022. That's a $150k bonus for not closing the deal on financing. Everyone else went from about $53k/year to $118k/year. Seems a little unethical - to put it charitably.
If Covid hurt everything associated with financing the project so badly, management sure as hell rewarded themselves handsomely for not actually delivering.
If what you are saying Mark said at the Town Hall is true (and I'm believing your account of it) then he basically said "yeah the deal fell apart, but the good news is I'm rewarding management anyway. Screw the investors who still have nothing tangible."
Given a track record like that, I wonder what their bonus increases will be based upon the SPAC disaster.
Anyone live near the Niocorp office in Centennial, CO to see if anyone is even there in the office anymore?
Damn, this post is definitely worth a sticky!!! Well said NavyHusker. The salary increases were certainly not commensurate with the success of the company.
Based on the lack of financing, failed SPAC deal, the appointment of members from GX to the BOD, and failure to get the third Feasability Study completed, they should have pay cuts or be shown the door. I think retail investors will be letting Niocorp management know how they feel at the next proxy vote and AGM.
Reality check, Niocorp has lost over $265 million in market cap value from the 52 week high. That is a clear cut fact. Over a quarter of a billion dollars. Other than Mark and Walnut, is anyone else above their average share price?
Makes one wonder of the Europeans didn’t get a little heads up on the impending stock plunge from the Yorkville convertible debt loan. It could be a coincidence that the stock has plummeted since Mark and Dean’s meeting with them, but I don’t believe in coincidences. Mark appeared to be a man of integrity, but his actions lately have eroded that belief. I still can’t understand how he could not have had conditions in the merger that a certain percentage or minimum amount would be required or the SPAC deal would be void. He is supposed to be a seasoned businessman……SMFH!