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Since the move to the Russell 3000 index wasn’t the ticket, what’s it going to be now boys. I’d really like to see one of the pumper’s and/or management’s proclamations come to fruition. Maybe we need another 1 for 10 reverse split to get the share price up to $49……SMFH!
I guess Yahoo and other news outlets were wrong because they are clearly identifying the Jay Bloom who works at Trimaran Capital Partners in that article. If we can’t trust the press and the government, who can we trust these days. I here financing is imminent too…..lol
He’s already done a 1 for 10 reverse split with IBC Advanced Alloys too. Mark is clearly not the world class businessman and CEO we had b en led to believe.
So you’re saying there are two Trimaran Capital Partners companies and there is a different Jay Bloom that works at each one? What a coincidence……lol
Bloom, a managing partner at investment firm Trimaran Capital Partners, wrote in the post: "I am sure he really believed what he was saying. But he was very wrong. He passionately believed in what he was doing."
https://www.google.com/amp/s/ca.news.yahoo.com/amphtml/titanic-sub-ceo-offered-cut-104723303.html
FYI, it is the SAME Jay Bloom that works at Trimaran Capital. Yes, the same Jay Bloom that was involved along with Dean Kehler in the Global Crossing scandal that cost investors billions of dollars. Yes, the same Jay Bloom that was involved in the GXII SPAC deal that netted Niocorp investors nothing except allowing them to infiltrate the company and allow GXII to gain two seats on he BOD. Yes, the SAME Jay Bloom.
Bloom, a managing partner at investment firm Trimaran Capital Partners, wrote in the post: "I am sure he really believed what he was saying. But he was very wrong. He passionately believed in what he was doing."
https://www.google.com/amp/s/ca.news.yahoo.com/amphtml/titanic-sub-ceo-offered-cut-104723303.html
This is who Mark Smith has gotten us into business with.
https://www.reviewjournal.com/local/local-las-vegas/las-vegas-investor-embroiled-in-litigation-as-he-shoots-for-nba-expansion-2448631/amp/
Yes Richard, it is the SAME Jay Bloom from Trimaran Capital,. The same Jay Bloom that was involved with the Global Crossing scandal that screwed investors out of billions. The same Jay Bloom that headed up the SPAC deal that screwed over Niocorp investors and lined his and Dean Kehler’s pockets. You really should do some DD on the snakes that Mark Smith decided to business with. These guys make Al Capone look like a choir boy.
Bloom, a managing partner at investment firm Trimaran Capital Partners, wrote in the post: "I am sure he really believed what he was saying. But he was very wrong. He passionately believed in what he was doing."
https://www.google.com/amp/s/ca.news.yahoo.com/amphtml/titanic-sub-ceo-offered-cut-104723303.html
"It was his dream," Bloom said. "He's a good guy, I really liked him, and I think he had good intentions. But he drank his own Kool-Aid."
It is very ironic that Bloom would make this statement considering we have been drinking the Kool-Aid he and Dean have been serving us.
“Wow” - Owen Wilson
https://www.reuters.com/world/us/why-us-investor-jay-bloom-turned-down-seats-doomed-titanic-submersible-2023-06-23/
Ohhhh, ohhhhhh Ozempic!!!!…..lol. It’s starting to feel like we are on the submarine Titan.
Here’s the situation, Niocorp needs to be bought out by a company and team that can get things done. Mark has proven over the past decade that he falls short. His tenure at IBC Advanced Alloys is a complete failure and Niocorp is none better. Reverse 1 for 10 splits and convertible loans with shady investment groups with both companies is the work of amateurs. Sadly, Mark and his team are not World Class. It is what it is, time to get these clowns and the free loaders from GXII out of the house!
Just you wait until we get on the Russell 3000. It’s going to be a much different experience than when we graduated to the TSX and NASDAQ.
Yes, has it dawned on you that management was telling investors in May of 2015 that we could be operational by late 2016. What dies that say of management. Management is clearly not the Work Class team we were led to believe. Make all the excuses you like, but here we are 8 years later and we wouldn’t be operational until 2025 if they started digging today.
It really gets old day after day of hearing about what an amazing manager Mark Smith is when he’s failed day after day, week after week, year after year. I mean that’s just Niocorp. Not to mention the awful performance of IBC Advanced Alloys!
https://nebraskapublicmedia.org/en/news/news-articles/elk-creek-niobium-mine-could-be-operational-by-late-2016/
I could speak positively of the project all day. I would love to be able to speak positively about management, but I can’t begin to ignore the fact that they have failed us.
Management is incompetent. If they want to play with the big boys on Nasdaq, then act like that. How can they ever manage a Billion dollar project if they even can finish there homework... And further, why do we have to wait for more than a year before getting the Ree results.
Please Mark play that video again with the red shovel in the back from 5 years ago.
* NioCorp held it's first in-person meetings with Washington D.C. policy makers, Congressional representatives and governmental loan authorities.
* Niocorp held a Town Hall in Elk Creek that was attended by the governor of Nebraska - who enthusiastically supported the project.
* Demo Plant results produced much higher than expected recovery rates for the proven resources available at the mine site.
* A Geotechnical Survey was completed at Elk Creek, with 16 new boreholes and 20 test pits initiated across one square mile at the site, analyzing soil samples and generating data for engineering design firms that are continuing to finalize plans for the potential construction of the facility.
* A new partnership with Nanoscale Powders LLC.
* The BOD was put on notice - Anyone not fully committed to this project was given their walking papers, which some suspect was the catalyst for Fernanda Reda Fenga Viana Klamas to resign.
* Mark Smith and Dean Kehler met with stakeholders in Europe, reassuring them of the project's progress and instilling investor optimism.
Everyone here knows who they are. You know who they are too. Vote for the SPAC they said, it’s going to be great. Just wait until we get listed on NASDAQ and you’ll all see. Just wait until we get onto the Russell index. Guess we will see what happens in the next 4 days…..lol.
I doubt we will see the SP reach the levels pre SPAC announcement anytime soon. Pretty sad we are at .50s pre reverse split. I don’t feel bad for holding management accountable for the countless delay. They have been getting paid pretty well for nearly a decade now with dismal performance.
The people proclaiming how wonderful the stock would perform once we were listed on NASDAQ are now proclaiming that the Russel index is the ticket now. It’s pretty pathetic how poorly the stock has performed since joining NASDAQ. Those people who were proclaiming how well the stock would perform after the NASDAQ listing have no shame, as now they’re proclaiming the Russell index listing will propel the stock.
If the stock doesn’t perform well after going to the Russell index, what will the next golden ticket be?
So you’re saying every failure that the company has experienced over the years is a because the universe is against Niocorp management? COVID caused the initial lender who had amassed over 100 million to invest in the Niocorp project. Now the collapse of a bank caused all the institutional investors to redeem all their shares in the company. That’s the largest load of BS I’ve heard in years. I’m going to guess that Niocorp management has retained Karine Jean-Pierre to spread this kind of garbage and keep investors ignorant.
I’ve been pretty ignorant for the past decade, but that’s changed. Many others are not buying the constant excuses either.
There’s a story to tell, but Niocorp is failing to tell the story. The institutions that were part of the SPAC were clearly not impressed with NioCorp’s story either. Mark and the team had to feel such shame when the institutions redeemed their positions in the SPAC.
Considering the decline of the stock of over 40% since NASDAQ, I wouldn’t put much weight into the Russell index.
Same crap that happened with Lind. It’s disturbing that the company can only get financed through these notorious lenders
We are probably more likely to see our own personal groundbreaking event when they throw us in that 6’ hole before that red shovel is used.
Sadly, there’s several investors who’s had that groundbreaking event while they’ve waited for this project to happen. Yes, everyone realizes this is a long term project, but not everyone expected this to take an eternity.
In reference to the great song by the late Charlie Daniels. Except this version is where Johnny (aka Mark gets beat)
Mark bowed his head because he knew that he'd been beat
And he laid that golden fiddle on the ground at Dean’s feet
Dean said, "Mark, just come on back if you ever wanna try again
I done told you once you son of a bi#*h, I'm the best that's ever been"
Company #2 has already been through a 1 for 10 reverse split. Mark may be a nice guy, although I’m starting to question that, but he is clearly an awful businessman. The numbers are what they are. I’m thinking Mark would have been a great CEO for Sears, Kmart, Kodak, BlackBerry, WorldCom, Enron, Global Crossing……
I do, and I’m getting a much different vibe than you. Why don’t see if you can get all these local people together that you know. See how they feel about flying Mark and Dean to Nebraska for a Q&A. You’ll have your questions answered in the ambiguous way that they have been answered over the last past several years.
Hey, the testing has shown improved results than the past demonstration plants, financing is imminent and stay tuned……..for another decade because this process takes time.
What were the difficult questions? What were the answers? You have contributed nothing to the board other than explaining that you were wined and dined on our shareholder money.
Yes, that would explain why Fernanda Reda Fenga Viana Klamas resigned. It’s a complete disgrace how the retail investors were played into voting for this BS! They might want to get the ship upright before the next town hall or AGM.
Hire Kirk, Mr. Bean, or Larry the Cable Guy. He knows how to “Get R Done” and he hasn’t screwed over local investors and landowners such as Beverly Beethe.
“The way I got treated, I hope that they don’t treat the community that way,” - Beverly Beethe
Many of the locals and landowners were supporters of the project, but the poor business deals and a plummeting share price has resulted in a turning of the tide. They have reason to be mad as hell and the company needs to address this.
https://www.sec.gov/Archives/edgar/data/1512228/000153949723000119/n2574_x79-425.htm
The trajectory that the company and the share price has taken does not coincide with your assessment. We are not in a good place with Yorkville and the shysters from GXII who stole a majority stake in the company for bringing nothing to the table!!!
There are some investors who are mad as hell, as well as they should be. The fact that you refuse to acknowledge the shady dealings the company has made with Lind, Yorkville and the GX sponsors is a testament that your grasp on what is going on is pretty limited.
Here’s a dose of reality for everyone. Niocorp stock was at $5.60 (.56 post 1 for 10 reverse split) March 1, 2010! We are below the share price of where we were over 13 years ago. Mark and his “World Class Team” have managed to add massive dilution to the retail shareholders in the company, give shady companies like Lind, Yorkville, and the GXII sponsors insanely generous deals at our expense.
I know there’s enough people now who are mad as hell and demand answers. Yes, there are a handful who continue to enable management to continue their poor performance without any resistance, but that group is dwindling as the reality becomes increasingly apparent.
The fact that us long term shareholders are below the share price of where we were over 13 years ago is unacceptable!
FERNANDA FENGA was the only one that impressed me and she has resigned. All the others are as impressive as a toddler graduating potty training. You’re the only one that is impressed. The institutional investors are not impressed and your peer retail investors are not impressed either.
I don’t think anyone here is holding the entire team responsible for the mess that has been made.
Mark bears the full responsibility for the poor decisions made. Bringing in the shysters from GXII with absolutely no equity in hand or mining background is a complete disgrace! Giving them two seats on the board of directors after the SPAC failure is a complete disaster!
Oh boy!
That is the beauty of this project. It is on private land. All the permits are in place and Mark still struggles to get this done. It’s actually quite pathetic when you think of all the other hurdles these other mining projects have. It’s time to get Mark out before he continues to dilute the hell out of the stock angain and make another disastrous “deal”!
Mark may be one hell of a nice guy, but he makes awfully terrible business deals and can’t attract the interest of the institutional investors. Mark is the Scott Frost of mining executives.
Shareholders expect performance as well. Mark and the Niocorp team are employed and work for the shareholders.
How would you rate Mark’s performance with Niocorp and IBC?!?! Both have had extreme dilution and both have had 1 for 10 reverse splits under his leadership. Both have diluted investor’s holdings while causing a plunge in share price. How do you rate Mark’s performance?
Shareholders expect performance as well. Mark and the Niocorp team are employed and work for the shareholders.
How would you rate Mark’s performance with Niocorp and IBC?!?! Both have had extreme dilution and both have had 1 for 10 reverse splits under his leadership. Both have diluted investor’s holdings while causing a plunge in share price. How do you rate Mark’s performance?
Mark certainly DID say that financing was imminent at the 2019 AGM!!!
Mark has not proven himself to be a good leader or deal maker. Given what he’s done with Niocorp and his complete failure with IBC, he needs to go. Nice guy or not, he is a horrible CEO and his poor performance can not be ignored any longer.
Bingo! This was the work of the World Class management team at Niocorp?!?! SMFH!
It’s sad to see how the stock has faltered with all the great announcements. It’s clear that retail investors are tired of the talk. The institutional investors are not coming to the table either. I think Scott is with his weight in gold, but the rest of the team are clearly not. This project needs a leader to attract the institutional investors and get the financing needed.
The original retail investors that have been with this team for the past decade are literally dying off and new retail investors or institutional investors are clearly not impressed with Mark’s abilities.