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“ Back then local workers were hired to carry out exploratory drilling, digging up hundreds of core samples, tubes of earth, for testing. Stacks of them are stored in metal sheds on Beverly Beethe’s farm, where the mine would be located. Residents signed land leases with the company, which eventually bought 226 acres. Some landowners netted lucrative deals and could receive royalty payouts of as much as $10 million a year.”
But the deals created bad blood. Some residents who were left out were miffed. Others like Ms. Beethe question whether they got a fair deal, especially in an area where the price of farmland has recently skyrocketed.
“The way I got treated, I hope that they don’t treat the community that way,” she said.
There’s a reason the world should support Ms. Beethe and her disdain of the Niocorp project. It’s pathetic to see how this corporation is treating the good people of Nebraska. These city slickers come in to middle America and take advantage of these rednecks. I support Ms. Beethe for being a martyr of the people of the land. They are stealing her land for greed. She has been screwed over by those city slickers.
Death spiral financing. It’s called that for a reason. It appears Niocorp management likes this form of financing. I would have thought the lesson would have been learned after Lind . Nothing like kicking retail investors in the head while they’re already knocked to the ground. Hey Walter, what’s your spin on this development?
It’s much closer to .50 than $5.00…..lol
It seems to be the same plan to optimize shareholder value that Blockbuster had.
It would have been a 10 bagger, but the 10 for 1 or quite possibly the 20 for 1 reverse split will ensure that never happens. Sorry, but that’s not to happen with a reverse split
I did not buy IBC today, look mom “no regrets”. The only regret everyone here should be having is not selling every share of Niocorp and IBC Advanced Alloys at the first of the year and buying Tesla stock.
So you’re saying Niocorp is going to be as successful as IBC Advanced Alloys?
It will not be the article that you desire. If the energy of this project were so inspiring, the stock price would not be in the crapper.
That is hilarious. Has anyone seen any video from the first International Scandium Symposium. Seeing how the Niocorp stock has performed since then, it was not a success.
After a 20 for 1 reverse split the price would be $14.80 at this moment. That should make everyone feel better, right?
Another great buying opportunity….lmao
The company that Niocorp chose to perform the demonstration plant turned what investors were told would be weeks into several months and they’re still not complete. Seeing their choices of contractors, the mine could be operational by 2040. As the great investor Always Optimistic says “Accept that delays can occur”
Delays are one thing. When the delays are constant, it’s a reflection on management’s inability to execute. It’s not surprising that the share price is where it is.
Shhhhhhhj, you speak of truth.
3-4 years?!?!? The majority of investors here have been here 6-8+ years investing and waiting patiently. You come in at the 11th hour telling us what a godsend this horrible deal is and everyone just needs to hold on another 3-4 years?!?!? It’s obvious that the retail investors are getting the shaft here and the stock price is all the proof anyone needs.
Okay, so neither company, Celularity or Niocorp will be making any revenue for years. Why would GX guide the institutional investors into a company that fails 9 out of 10 times?
Again, explain to the audience here why the deal with Niocorp is any different the the deal with Celularity. The same players with GX and the same verbiage used in the “deal”. Just look at what happened to CELU and explain how this is different.
https://celularity.com/celularity-closes-merger-with-gx-acquisition-corp-and-provides-corporate-update/
This is the same garbage that the GX group was telling shareholders of Celularity. We are not acquiring you, but we will own more than the entire current stockholders. You can spin it however you wish, but what you’re saying is not true.
https://celularity.com/celularity-closes-merger-with-gx-acquisition-corp-and-provides-corporate-update/
Get all your family and friends in this spectacular investment opportunity.
The merger was struck at .89. Its is down 20%. No one except a handful of fools are happy about it.
All those great things, but the stock continues to drop daily. Why?
There’s a reason the stock has dropped 20% since the SPAC deal was announced. The SP will likely be in the 50’s before the reverse split. It’s not looking good.
That is disgusting how the retail investors are being thrown out. The current retail holders will end up with a quarter of their initial portion of the company. Theres a fine line between being always optimistic and being blissfully ignorant.
Shhhhhhhh, it’s a secret. By the way the stock has been performing, it is apparent the stockholders money was wasted on it.
There’s a difference between delusion and reality.
There are obviously not that many who have the faith and opinion of yourself. The stock price at this point of the game is a pretty good indicator. Your faith and opinion is not going to change what is inevitable.
The only manipulation is what you’ve been experiencing for the last decade
The current retail holders are going to have their shares reduced 10x - 20x for the reverse split to happen. Then you’re looking at further dilution from the issuance of more shares during construction. If you’re a masochist, you’ll be very satisfied.
Just prey to the institutional banks.
Absolutely disgusting and sad how the retail investors have been treated.
If you’ve ever been involved in a reverse split, you would understand how ridiculous you sound.
This is true. The reverse split is going to destroy the retail investors with the share price being where it is
Four or five dollars a share is not going to bring a flood of institutional investors. Many institutions won’t touch anything under $5, especially for an initial investment.
It’s looking more like a 20 for 1 reverse split to get the share price to a respectable $14-15 starting share price.
It looks like Nio will be starting in the red again
It’s been like this for years. The stock gets an occasional spike and dies off quickly. Unlike a small handful of investors, there’s several long term investors who are upside down in this stock.
Looks like it’s going to be a rough start on the OTC tomorrow. Niocorp has been in the red all day on the TSX. Ouch, why is this gem having such a hard time getting the attention of seasoned investors?
It’s so sad how much enthusiasm some shareholders still have given the constant disappointment. Unfortunately, the disappointment will be felt by shareholders for quite awhile. Management has sold out to the corporate mobsters who hold much more $$$ than any retail investor. They’ll continue to drive the share price down over the next few years and gobble up more shares.
Merrill Lynch was just looking out for you boomer.
We will see how accurate that theory is before long. I am going to guess that there will be quite a few of the pumpers laying pretty low after the end of March.