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.
Yup. A great dump of turd emogies from peeps who have had devastating losses. How’s that working out for you?
You got fleeced. This chick is toast. EXIM doesn’t even have a total project cost number. They will be as gone as Stellantis is in no time. The fact that zero mining money ever invested in this deal should speak volumes. Just a pathetic beg for government money. Government money can be stupid. But it’s starting to appear that they are not stupid enough to waste money on Niocorp. Better places with better bang for the buck than this turd project that pays the executive team obscene salaries.
Did they make the $1.4mm payment or default?
You f’d up. You trusted them.
Oh and how MS handed off the delivery of bad news to Scott. What a douch bag. Scott’s not much better, never invested a dime and cashes in a grand per day.
Dude, how could EXIM even entertain funding NB without knowing the current project cost? 2019 costing that they are using are a fantasy. Many inputs are up 50% since then. Utter fantasy. This deal is toast.
Lol. You turd and skunk etc emoji peeps have lost your asses and would be so much better off for you and your families if only you had just listened to an expert in the area, LCP tried to help you. Many listened, most did not.
I like nasdaq for real time quotes. They also use historic info on the charts. Not just since NB moved to Nasdaq. You can get a 10 year chart by hitting “MAX”.
https://www.nasdaq.com/market-activity/stocks/nb
What? You want to be spoon fed propoganda from the company spin machine? I wonder if they paid the $1.4mm today with the money they paid usuerous rates to borrow. Or defaulted. If so I has to be approaching 40% rates. Plus 600k warrants. Madness, shitty deal after shitty deal. Maybe the single investor who also got more shares and warrants made the payment possible. And that would have made the terms even worse. Hard to calculate but maybe an equivalent of 60% interest. Crazy times crazy = madness.
What a bunch of waste of bandwith idiods. The project at hand is just a super expensive shitty unconomic dirt deposit a thousand feet down.
One can dream. Fair enough. The stock needs a 500% gain to make your warrants worth something. Maybe sell the warrants and buy stock is the better plan. Oh wait, there are no other buyers of the warrents other than you. A fly in the ointment.
Plus! EXIM has shown some interest into why this has been an unfinacible project by asking for more drill data. I think its more like “just go away” we are not that dumb.
Well another week is in the bag for the cultist bag holders who are incapable of looking at facts. The facts are obvious. The project is so shitty that zero mining finance options were ever available. It’s just a shitty uneconomic piece of crap whose only hope is that the remote chance the government will throw them a lifeline. Great investing you longs. Pick and embrace a pos that needs life support.
Not at all. Feeling proud that I saved dozens of peeps I know from financial pain. You should have listened. At this point a bit of Schadenfreude is in play.
Well long term there are many more idiods. The peeps who attacked fact based posters. TOdoubleD. Walnuts. Landmark especially, total loser that guy is. Went to my employer who lol’d him off. So many other idiots who threw attact barbs at me for speaking truth that they ignored and are being crushed for having being sucking the tailpipe of the cultist leaders.
Well long term there are many more idiods. The peeps who attacked fact based posters. TOdoubleD. Walnuts. Landmark especially, total loser that guy is. Went to my employer who lol’d him off. So many other idiots who threw attack barbs at me for speaking truth. I feel sorry for the longs who did not listen to my warnings.
Idiots are less dangerous than cult leaders.
Well at least you do have some decent instincts to finally pull the trigger when you did. Good luck with your MIN.
$0.226 CAD pre 10 for 1 roll back. Who would have thunk?
Perhaps email Simms and ask how many ECRC shares have converted into NB shares. We won’t see it until September’s annual report. Some were reported as converted as of the last reported Q. But not many.
You must have been blind to facts to be that so kind. The facts since ages ago point to an uneconomic project. Facts are facts. The project proposed is just a turd.
You called it on the SPAC. But you didn’t pull the trigger. Why? The sell button (red pill) was available to you. I just can’t understand that and I feel very sorry for you and your lost dreams of a comfy retirement. I’ve been retired 8 years now comfortably. Selling every cheap NB share I had and exercising warrants I had into the first big run into the high $1.50 plus range ten or twelve years ago helped make it happen. That first FS was a turd. The choice was easy.
I find it hard to believe that EXIM would part with serious cash without knowing:
1) the cost to complete the project (a current FS).
2) without knowing that the remaining hundreds of millions for project completion are secured.
To think otherwise is, in my opinion, just magical thinking and unrealistic.
Believing the messaging from the company to the otherwise is blind faith in those who have never had an issue with making misleading statements over and over again over the past decade.
Mark Smith is very good at converting millions of dollars of shareholders money into the Molycorp gang of 4’s money. Great salesmanship. But the original sin of using fake inputs are here to behold. I said it a decade ago. I think you will see a bunch of GXII peeps ECRC are heading for the exit. And who could blame them? The got the MS pitch an none of the promises/milestones have been met. Neither Simms or Honan have bought a share! Smartest guys in the room.
“NioCorp will remain a “reporting issuer” in Canada and will continue to provide regular comprehensive disclosure pursuant to applicable Canadian securities laws.”
https://www.niocorp.com/niocorp-to-voluntarily-delist-from-the-tsx-in-favor-of-its-current-nasdaq-listing/
Single investor. Nice to have a hot line to help when you really need it. However dilutive. Yorkville/Lind thank you.
“On June 24, 2024, NioCorp Developments Ltd. (the “Company”) closed (the “Closing”) a non-brokered private placement (the “Private Placement”) with a single investor of units of the Company (the “Units”), each of which consists of one of the Company’s common shares, without par value (the “Common Shares”), and one of the Company’s Common Share purchase warrants (the “Warrants”). Each Warrant is exercisable for one Common Share at a price of US$2.20 until June 24, 2026.“
The only instiutional holdings are a must hold Russell 3000 holding. They don’t love it. They have to.
Walnuts has been driving many people into destructive investments in Niocorp for over a decade. Just to maximize his low cost entry point and stroke his ego. Getting CEO’s jetting in to present to his blind fish is just an ego pump. Mining newby that led many to ruin. This is just a shitty deal is unfinancible on commercial terms. All is left is that government is stupid enough to give this turd money. Why would that excite a cult?
The only thing management wants to do is extend their bloated salaries by converting bidders money into their money for as long as possible. Until they can’t, they will.
Ya, even Bill Kelly feels like he was being used (multiple times) based on his hard questions at the last agm.
https://nebraskapublicmedia.org/en/news/news-articles/investors-in-nebraska-niobium-mine-something-must-happen/
I never believed that for one second. I also don’t believe there was a lender A. It was pure fiction. Mark Smith has a tell when he is lying. His lips move. Competative tension my ass.
Dude. That is almost as bad as not cashing some of your ten bagger opportunities out. Paying cap gains on a TFSA transfer? Madness. You do realize that losses in your TFSA will be wasted. You can’t use them against your NVDA or SPX 500 wins.
What’s telling is that both Scott and Jim have never bought a share with their own money. It’s convert shareholders money into their’s plan while talking up a big story.
Ya. Haha. Just comedic. Go Oilers!
You might want to check with your accountant.
Might be better to sell first and then wait 30 days to buy back, as is usual.
It so telling as to character of that crew. Showing pure joy at the ringing of the bell when at that point they knew the deal went south and that they were fucked. Simms was almost jumping out of his shoes. Just a confidence scam to suck in the retailers they so desperately needed. And boy did the retailers step up. MS cashes out his $4mm++ debt out asap. They get raises and bonuses asap. Retailers get a big stick up their arses. MS to retailers: “You fucked up, you trusted me”.
Oh I just saw this for the first time. It’s pretty darn funny. Calling Yorkville conv debt deals a proceed of the merger at the ringing of yhe bell.
I think she left 2 months after the merger. When it obvious how bad it was.
https://www.niocorp.com/niocorp-closes-business-combination-with-gxii-and-separate-financing-deals-providing-access-to-up-to-us71-9-million-in-net-proceeds-over-the-next-three-years/
https://www.niocorp.com/niocorp-announces-change-in-board-of-directors/
Hubris. Excessive self confidence in MS’s salesmanship. He thought he could sell the story to GXII peeps. Wrong. 95% redemption and those that didn’t redeem were bribed with free ECRC shares that are now exchangeable into free trading NB shares. He thought he could get Stellantis to take an equity position a year ago at $5. Now its $1.90. Stellantis must feel that they were being set up. EXIM. He thought he could land a $800,000,000 loan without a current FS that would provide current project costing. Wrong. Now trying for a grant to repay loan shark debt and do some drilling. I bet EXIM would be thrilled to see grant money going to loan sharks. The only ones that bought into his salesmanship were retail mining newbies. While he took $4mm of his skin out of the game using their money….and raises on already bloated salaries for doing part time work using their money….and large bonuses all around to boot….using the newbies money.