Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Big News!!! We are gaining traction now!!!! Oh wait, this was 10 years ago. We were trading at nearly double the equivalent SP today and we had less than 1/2 the equivalent outstanding shares.
We couldn’t have made it to where we are today without Mark Smith’s outstanding business acumen 🤬🤬🤬🤬.
AO, Fact Check all of that.
https://www.proactiveinvestors.co.uk/companies/news/104347/niocorp-signs-confidentiality-agreements-with-credit-suisse-morgan-stanley-shares-rise-58340.html
Agreed 💯
Well, he was a critical reason why we landed the GXII SPAC deal. Gee, that went very well!!!!
Mark is great at making horrendous business deals. Stellantis executives are probably all very excited to take advantage of Mark after seeing how GXII executives played him like a fool.
Provide ANY evidence that I have bashed this stock!!! Being critical of management is NOT bashing the stock. Management has made mistake after mistake in their execution. The complete lack of any due diligence into GX was the last straw.
Keep on being an ignorant fool. I will NOT follow your lead. It’s time management be held accountable for their actions and poor performance.
Pointing out how your predictions are always opposite of what you predict is not an attack on Niocorp investors 🙄 I’m just pointing out your false statements and shining a light on your ignorance.
I am an investor you fool!!! I’m so tired of your ignorance.
Why don’t you ask the initial investors in Celularity how they feel about that logic of yours. You know, Celularity, the company whos investors have been robbed of their wealth by Dean Kehler’s GX SPAC before us.
They did a reverse 1 for 10 reverse split to get on NASDAQ. They just had to do ANOTHER reverse 1 for 10 split in order remain trading on NASDAQ. The original retail holders now have a mere 1/100 of their original shares.
The GXII deal has been and continues to destroy the company. They own and control us now. We don’t own them!
It can’t be a travesty. Always Optimistic clearly points out that this a great business move. He’s never wrong…….or is it he’s always wrong 🤔
If you think it’s a smart business move, we a most certainly doomed. Every time you have praised management for making a smart business move, the share price plummets. Anyone can FACT check that.
You thought the 1 for 10 reverse split was a smart move. You also thought it was a smart move to merge with GXII. You also thought it was a smart move to join NASDAQ. You also thought it was a smart move to join the Russell index. Just look where all those smart moves have gotten us!
I think it’s fair to say that if you think it’s a smart move, that it’s sure to cause more devastation to retail share holders.
Yes, he may be mean spirited, hateful and vengeful and constantly trashing the project. However, you can not deny him of being right.
I hate to admit that LCP77 has been right. Mark Smith appeared to be a very genuine person, but he clearly doesn’t have what it takes to get across the goal line. He is our Charlie Brown. Everyone likes him, but he just doesn’t have what it takes to score. It’s time to bring in a new coach and new players.
Sometimes a complete purge is required to have a winning team. Mark and the dream team who have lived very comfortably off of the shareholders for the past decade are stale……would love to LOL, but the truth isn’t funny.
Unfortunately, it’s a fact that can clearly be backed up. I wish it weren’t true, yet here we are.
Year after year of constant proclamations of astounding feasibility studies, financing and construction coming. Yet here we are a decade later, waiting for a third feasibility study, a failed SPAC deal that ended up costing investors hundreds of millions in market cap loss, and massive dilution of investor’s shares.
You just keep ROTFLMAO, but it’s not going to change the facts. The fact is you can NOT refute the facts. I’m not saying I like it, but it’s true. Mark constantly fails to execute, but he never fails to disappoint.
That sounds wonderful! It would be nice if Mark Smith would hit one of his projections.
The SPAC deal with GXII that failed to bring any capital was devastating. The stock plummeted along with a 1 for 10 split and the dilution appears to be endless. It’s fair to say Mr. Smith continues to tarnish his reputation and the confidence of shareholders.
The bush is on fire and the birds, rabbits and other inhabitants have been incinerated.
I remember reading Niocorp could be operational by late 2016. I remember financing is imminent in 2019. I remember being told to vote for the GXII merger because it was going to benefit shareholders. I could go on and on with these.
The fact is, this ore body was already explored in the 1980’s. The project is on private land owned by Niocorp (shareholders). This was not a greenfield project where was nothing known. Management promoted themselves as veterans in the mining industry, yet they have made mistakes that even a rookie kid coming out of college would be ashamed of.
No one here expected this to happen overnight, but more than a decade into this and we are at lows not seen in a decade. Not to mention the depleted shareholder value from the 1 for 10 reverse split and the astounding dilution.
No, I didn’t expect this to happen overnight, but it’s fair to say that I did not expect to be where we are today. The one thing that is certain after being in this investment over the years. Mr. Smith never fails to disappoint.
https://nebraskapublicmedia.org/en/news/news-articles/elk-creek-niobium-mine-could-be-operational-by-late-2016/
Mark Smith NEVER fails…… to disappoint.
Where’s your cred? You haven’t been right about a damn thing. Sadly, LCP77 has the most cred here and no one, not even the great Walter, can deny that. You have hope. Like my mom used to say wish (hope) in one hand and shit in the other. See which one fills up first!
Everyone here has been wishing and hoping for a decade with these clowns in charge. FYI, the shit has really piled up and we are at decade lows!!!! Show us your credibility!
I’ve known of several investors who have passed the past decade from natural causes. The majority of investors that you can see in the town halls and many on here are 70+. In another decade there will be several more here that have passed away. It’s sickening to me that anyone that has been here for the past decade can continue to defend these clowns.
They led us into the worst business deal imaginable and the share price plummeted as a result. How can you support these people whom we have bankrolled for the past decade and we are at a decade low share price?!?! You feel the salaries, bonuses and raises are commensurate with the results?!?!?! GTFO
There’s a little bird in the bush that’s saying financing is imminent.
I wonder how many Niocorp investors will be looking into this option? The extreme mental anguish and depression from investing in Niocorp over the past decade is certainly debilitating. Especially since the devastation that the GXII SPAC has caused investors this past year.
https://nypost.com/2024/04/02/world-news/28-year-old-woman-decides-to-be-euthanized-due-to-mental-health-issues/amp/
Niocorp will likely be headed to bankruptcy if we don’t have the EXIM loan by June 1, 2024. I can’t understand why they would have such a narrow window to commence repayment. How do they intend to pay the loan back with no income?!?!
I have my doubts on this deal after the complete failure of the SPAC deal. This is nauseating. It appears to be an intentional act to destroy the market cap and push out the retail holders that have been loyal to a fault.
It’s going to get much worse with the SMF in the Oval Office and the clowns in Centennial. You’ll probably vote to retain them all, which is why this country and this company are in such dire financial distress.
Pretty pathetic how it takes hundreds of thousands of shares being bought on the ask to raise the needle, but just a few thousand shares to drop it like a rock 🤨
They need millions to finish to pay off debt they have and continue the FS. It appears they are just taking money from predatory lender, Yorkville, to pay their salaries, bonuses and raises. Nothing except crickets from Niocorp management
They need millions to finish to pay off debt they have and continue the FS. It appears they are just taking money from predatory lender, Yorkville, to pay their salaries, bonuses and raises. Nothing except crickets from Niocorp management
Considering the complete failure of the SPAC deal with GXII, they are all significantly overpaid. These so called business and mining gurus in charge at Niocorp were taken behind the wood shed by veteran scoundrels from Global Crossing.
Very frustrating that we can drop .30 with just over 50k shares
I am in that same situation. I bought into the company because I believed in the project and felt we had an honest, trustworthy and veteran mining management team. The GXII deal pretty much destroyed my entire perception of the Niocorp team. They have lot of work to regain the trust and respect of investors.
We get it, you’re a day trader. No one wants the hear when you buy or sell. My guess is you probably shorted the stock and you’re panicking having to cover your shorts.
The really good news is, anyone that’s been shorting the stock is getting creamed 😂
Don’t be a boneheaded, if the company did another 01/10 reverse split, we would need to attain a SP of $300 to reach an equivalent SP of $30 today and $3,000 to reach that equivalent SP pre merger. Math is fun.
Even if the company did another 1 for 10 reverse split today, we wouldn’t be at $30. We are literally trading at .25us pre split. Many of us believed we would easily be at $30 before the split. Then the company did a reverse split and have diluted the company shares to the tune of over 350 million shares pre split. It’s absolutely sickening to see how poorly this company has been handled.
Are you not concerned that the company has admitted that the work on the updated FS has stalled because they don’t have the financial means to proceed at this time?!?! They are cashing in shares to Yorkville to keep their paychecks coming in and that’s not good!
Considering YOU have been wrong on everything, and I mean EVERYTHING, I think everyone here would agree that YOU are the ignorant bozo.
Honestly, I can’t imagine how you can continue to post on this board. No one takes you seriously and you continue to make a complete fool of yourself. It’s actually quite pathetic 😔
The biggest enemy of Niocorp is not China, it’s the incompetence of management to negotiate a good business deal. They pride themselves in their ability to have siphoned away investors money and relying on predatory lenders to keep going.
I feel sick to my stomach that I bought into this company and believed in management. They seem more and more dismissive of investor’s concerns.
I can’t believe they haven’t been doing a damn thing on the FS. They just keep drawing money from Yorkville to keep their paychecks coming. This revelation is of great concern. It appears the handful of management supporters are becoming increasingly smaller.
You mean the well respected man of his word that made a bet with one of the posters on this board, lost the bet, then refused to honor the bet?
I used to think Mark and Jim were honorable men too, but their actions the past 3-4 years have shown otherwise. Mark pumped up the merger to investors and how we should vote in favor of it. When the merger failed to bring any capital into the company, he expressed how he was not optimistic that the SPAC would be successful. Seriously?!?!?! I don’t know how any investor can support Mark at this point.
The boys in Colorado are just collecting their checks while waiting for financing to come in so they can finish the FS!!!! It is absolutely insane how management pumped up this merger, convincing shareholders to vote for the 1 for 10 reverse split, only to witness the complete collapse of the share price because they failed to produce a single cent from the merger.
Then to hear Mark Smith proclaim he had his doubts about the success of the merger. Why the hell would he give the sponsors of the SPAC majority control of Niocorp when they failed to provide any financing?!?!?! I sure hope they have an answer soon or investors will be calling for an investigation.
FACT: We are no further along today than we were before the merger. Unfortunately, we are worse off with a loss of $300 million in market cap and lows that shareholders have not seen in over a decade. Not to mention the massive dilution of shares and handing majority ownership to the clowns from the failed GX SPAC.
Years into a demonstration plant, yet no updated FS. Seriously, WTF is going on?!?!? There’s no reasonable reason this should not be completed. Mark Smith never fails to disappoint.
Say what you want, but he’s been right for nearly a decade and you have been WRONG! I bought into your BS and you still have the nerve to come on here and preach your BS. Decade lows, massive dilution, predatory lending to keep the lights on, yet here you are running your mouth again about rainbows and unicorns
I’m sure everyone agrees with you. I mean what’s one more year of ridiculous salary increases and bonuses. It’s only decade of exorbitant salaries and bonuses. What’s one more year?
We seen our investment here plummet to lows we have not seen in a decade. We have had our shares diluted to 1/10th of what we started with. The SPAC deal resulted in zero capital and gave majority ownership of Niocorp to the sponsors that failed to produce a penny of capital and has resulted in a market cap loss of $300 million! So yeah, what’s one more year of overcompensation for our management team who continue to fail investors?!?!
They’re probably really busy right now trying to figure out how they can give themselves exorbitant salary increases and bonuses again without having shareholders storming the Centennial, CO office.