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Mostly down in the past 2 years
IMO the PP the day after the FS was manipulation of sorts
Presenting fabulous news during a PP is manipulation of sorts.
It's all about when, where, how, and for what result.
Just my personal opinion
Long,Strong and a cheerleader.
(With attitude)
Does this news mean your right again? LoL
I guess it's possible that there will be another Scandium play found in the USA. 8-))
NioCorp Developments Ltd. (NB - TSX)
CENTENNIAL, Colo., July 20, 2017 (GLOBE NEWSWIRE) -- NioCorp Developments Ltd. (“NioCorp” or the "Company”) (TSX:NB) (OTCQX:NIOBF) (FSE:BR3) today praised the U.S. Senate Armed Services Committee (“SASC”) for its recent approval of legislation requesting a U.S. Department of Defense (“DoD”) briefing on the potential strategic value of U.S.-produced scandium. The legislation also “strongly encourages” the DoD to consider entering into commitments to purchase strategic and critical materials from U.S. domestic producers that are not yet in production but which the DoD believes are likely to initiate production of such materials within the next five years.
Under the leadership of SASC Chairman Senator John McCain (R-AZ) and Senator Jack Reed (D-RI), and with support from both Republican and Democratic members of the SASC, the Committee recently approved the following language on page 287 of the Committee Report accompanying the Fiscal Year 2018 National Defense Authorization Act (“NDAA”), which is publicly available here: https://www.congress.gov/115/crpt/srpt125/CRPT-115srpt125.pdf
“Domestic production of Scandium. Given the planned initiation and production in the United States within the next 5 years of as much as 100 metric tons of Scandium, the committee directs the Secretary of Defense to provide a briefing on the potential defense and industrial uses of Scandium to the congressional defense committees by December 1, 2017.”
NioCorp is the only current prospective producer of scandium in the U.S. that has announced plans to produce this amount of scandium on an annual basis. As outlined in the Company’s recently released Elk Creek Superalloy Project Feasibility Study, the Company plans to produce approximately 103 tonnes of scandium product annually. NioCorp’s annual scandium production is estimated to exceed total global scandium production by a factor of at least five, and will potentially position the U.S. as the world’s leading producer of scandium.
On page 288 of the Committee Report accompanying the NDAA, the SASC also included this legislative language:
“Fiscal stability of the National Defense Stockpile … Additionally, the committee strongly encourages the Department to make use of existing authorities under Section 303 of the Defense Production Act (50 U.S.C. 2093) to enter into commitments to purchase strategic and critical materials required to meet the defense, industrial, and essential civilian needs of the United States from domestic producers and domestic producers that the Department believes are likely to initiate commercial production of such materials within the next five years.” (emphasis added).
If enacted into law, this language could result in the DoD entering into forward purchase agreements for strategic and critical materials such as scandium, ferroniobium (FeNb), and others from prospective producers that are not yet into production. If the DoD elects to exercise such authorities and enters into offtake agreements with pre-production companies, it would mark a significantly more aggressive approach by the DoD in seeking to encourage greater domestic production of critical and strategic materials.
As a critical and strategic material, FeNb is considered to be of such importance that the DoD and the Congress agreed in the FY2014 NDAA that the National Defense Stockpile should purchase and store FeNb in the Stockpile in the event of future emergencies. Scandium is another critical and strategic material that is analyzed by the DoD on an ongoing basis as part of the DoD’s “Strategic and Critical Materials Report on Stockpile Requirements,” although the DoD and Congress have to date not directed that scandium be purchased for storage in the Stockpile.
“We were pleased to see the Republican and Democratic leaders of the U.S. Senate Armed Services Committee put forward such strategically innovative ideas regarding greater domestic production in the U.S. of strategic and critical materials,” said Mark A. Smith, Executive Chair and CEO of NioCorp. “The Committee clearly wants to help the U.S. Defense Department use all of the policy tools in its toolbox to encourage and strengthen supply chains for critical and strategic materials, especially those that can be produced domestically in the U.S.”
Mr. Smith added: “NioCorp looks forward to initiating the first-ever production in the U.S. of ferroniobium, and the first U.S. production of commercial scandium in decades, when our Elk Creek Project comes online.”
On Behalf of the Board of Directors,
"Mark Smith”
Mark Smith
Executive Chairman, CEO, and Director
"Pricing insights
That said, it is possible to get a bit of insight into scandium prices. In a preliminary economic assessment (PEA) for its Elk Creek project — which has since been updated — NioCorp Developments (TSXV:NB) pegs the range of pricing for scandium oxide at US$2,000 to US$5,000 per kilogram, while Scandium International puts that range between $3,000 and over $5,000, depending on the product’s quality and purity, among other things."
That statement above is an excerpt from the URL below.
http://investingnews.com/daily/resource-investing/critical-metals-investing/scandium-investing/scandium-price-need-to-know/
I would love to see what-your Memory saw.
Thanks in advance.
Yes there is a lot of research going on with our Minerals
Isn't it great? 8-)
https://en.wikipedia.org/wiki/Superconducting_radio_frequency
There is no tax in place and the reason was clearly stated by both the company and the State of Nebraska back in 2015
We longs are all aware of what your referring to.
The mine will be producing before any talks will be opened up.
Why would a tax that does not exist, and may never exist, be mentioned in the feasibility study?
Australia might as well be on a different planet when it comes to competing with our mine situated in the heart of industrial America.
IMO
For the Australia mines you speak of to be profitable, and to be able to sell their product across the planet when they're unstrategically centred next to nobody who will appreciate their locality is more of a reason to drop their prices. It's not about lowest price making the market.
Could you please fill me in on your Extraction tax?
Canada is the only one of the two country's I can find a URL for that Tax
But it seems to be that our mine is to be extracted in the USA
I'm a bit perplexed.
Care to share your knowledge?
(civily)
To your question. ...The closing of the PP.
The date you mentioned was also a private placement back in December of 15.
Cup and Handle formation/ pattern on 3 yr line chart
https://mobile.tmxmoney.com/quote/readnews/?id=81496422&symbol=NB
https://en.m.wikipedia.org/wiki/Cup_and_handle
Since then and within a few months, we went up to $1.14
https://mobile.tmxmoney.com/quote/charts/?symbol=NB&chscale=3y&chtype=FinancialLine
So it doesn't take much
First of all I just realized the 17th is not necessarily the closing of the PP
"the "Agent's Option") to increase the size of the Offering by up to 15% in Units, by giving written notice of the exercise of the Agent's Option, or a part thereof, to the Company at any time up to 48 hours prior to closing, which is anticipated to occur on or before the "week of" July 17, 2017 "
"Anticipated the week of July 17, 2017"
And to answer your question that would be hilarious if they put out news prior to the closing of the private placement. In my opinion it would be akin to doing a private placement the day after releasing a feasibility study.
After briefly trying to figure out why they did the private placement after the feasibility the explanation I come up with is probably strategical thinking that the market may not appreciate the slightly lower numbers and therefore the private placement Basically was a stop measure for the drop in share price.
Let things settle down etc.
Jmo
Five days it is!
Does that include the weekend? LOL
I would be interested to know what happened immediately after the level 3 r-split
where are your facts?
Reverse splits are for doomed companies. Any hint of that and I would sell immediately.
Yes I would rather stay on the Toronto Stock exchange forever rather than do your maneuver.
We are here because of the private placement and nothing else.
Your not being realistic at all
We were just at $.86 Canadian two weeks ago what are you talking about?
You could at least make your negativity sounds more realistic
I think this news is a good start
At least the company thought it was newsworthy to post as such
NioCorp Developments Ltd. (NB - TSX)
LONDON, UK / ACCESSWIRE / July 7, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Metals & Mining industry and that trades on the Toronto Exchanges. This Morning, our team has regrouped these stocks for study: NioCorp Developments, GoGold Resources, Candente Copper, and Nevada Copper. Register for these free reports at:
http://protraderdaily.com/register/
On Thursday, July 06, 2017, the Toronto Exchange Composite Index was down 0.50%, finishing the day at 15,078.00.
Pro-Trader Daily's complimentary research reports on the following stocks are now available: NioCorp Developments Ltd (TSX: NB), GoGold Resources Inc. (TSX: GGD), Candente Copper Corporation (TSX: DNT), and Nevada Copper Corporation (TSX: NCU). Sign up now for your free membership and research reports at:
http://protraderdaily.com/register/
NioCorp Developments Ltd
Centennial, Colorado-headquartered NioCorp Developments Ltd's stock fell 4.11%, to finish Thursday's session at $0.70 with a total volume of 76,050 shares traded. Over the last one month and the previous three months, Shares of the Company, which engages in the exploration and development of mineral deposits in North America, are trading below its 50-day and 200-day moving averages. NioCorp Developments' 200-day moving average of $0.74 is above its 50-day moving average of $0.73. See our research report on NB.TO at:
http://protraderdaily.com/optin/?symbol=NB
We are being watched
https://mobile.tmxmoney.com/quote/news/?symbol=NB
Thanks Arroneous, I needed that!
And I'm sick and tired of IHUB
That should get me banned so I don't have to listen to the likes of (mrs rizzo)-LCP, Rizzo, ringworm and the list goes on.
Good day Grunt
I am not selling, I have just lost total interest.
Oops.
Sometimes these smart phones are just too smart.
Frankly I'm losing interest
The private placement closes.
Unless I screwed up the date
The 17th can't come fast enough and hopefully there is not a new PP on the 18th. LoL
Significant? Hardly!
We are significantly derisked.
LCP comes here for one reason only, and that is not to lead us to the promised worm!
irrefutable is easier to say.
and that is unwiderlegbar bernice
Well sorry about your luck there LC.. whatever your name is, I guess that's all their purity level is worth for their brand of Scandium.
Obviously they feel they can't compete otherwise.
NioCorp's Scandium purity is clearly worth what our third party Scandium professional who is very proficient in the Scandium arena and says it is a fair market price.
Why does one have to be wrong? .. Because you say so?
I'm glad your post is a sticky note because I'm going to need to read it many times to understand it all.
A very thoughtful and meticulously detailed email Jim Sims sent you.
Thanks a bunch for sharing GM5.
Yes I know, and I took away from it also that it's financeable just with the niobium
Well, Mark does not even mention scandium or titanium in the proactive video so that should speak for itself
I could be wrong, but I think what NavyHusker was referring to, is in your football analogy, there is no 60 yard line LOLl
I watch Mark and Scotts video every day. I am long and it keeps me thinking long.
But the messenger needs to think about how things look and the messenger clearly didn't on this 2nd edition of the PP
Too much pressure to be on time got us nowhere except back where we came from.
Enough said!
My apologies to the board
I'll be happier when just "1" piece of news gives us a boost in the right direction and make things look positive for a change. But as good as the work that is being done in most of our eyes, there is sell after sell after sell and it looks too much like sabatoge or manipulation. Where are the days of a dollar climb on news of joining the Canadian big board?
Bid @ $.69. 3 board lots
Ask @ $.70. 170 board lots. = BS
I don't mean to be a Debbie downer, but enough is enough
We had a bought deal private placement in place with the same company that we have a different one with now and we went through all this BS once already, and now the difference is the company that is doing the private placement we are paying them money. This looks bad to me and a vote of N/C to others I'm sure.
No news release of doubling up the shares. Hmmmm
And how long should it take to close this private placement when it is the second round for the same money???
So masslanding. What is your viewpoint on the chart with a 9 day mv av as well crossing the others?
Do you think Monday is pivotal ?
IMO if the pps keeps moving down it's the private placement stigma, but if it moves up then the excitement about the feasibility study outweighs the negative about the private placement .
I hope they hurry and complete Hard Copy of the FS Report.
So we can get down to business.
Mark and Scott, again
Come on 001 sell more shares
5000
5000
5000. All 001 @ $.69
Shaking in my boots. LoL
https://mobile.tmxmoney.com/quote/?symbol=NB
I think this is where we are mercilessly laughing because he is WRONG!
But that's just my ego talking.
He's still thinking up the punch line. 8-)
kmack is right.
imo