Last year's annual meeting took place January 19th. I expect an announcement for this year's ASM soon.

COA #2: Buy options now at $.10.

Any significant news that would drive NB share price up bigly would theoretically also drive up the warrant price significantly.

Sell options when they hit $1.00.

This would be a x10 ROI.

Could this happen before NB goes to $15? Quite possibly, giving NIOBW a better chance at being a x10 investment, without ever exercising the warrants or waiting until 2028 (can you imagine watching this ticker for 3 years!? 🤣).

NIOBW was $1.30 less than 2 years ago. NB was over $15...I can't remember anymore how long ago.

I'm not a lawyer, and my presence here clearly indicates I'm not a savvy investor, but this link suggests NB and NIOBW would not meet the criteria of "substantially similar" securities to trigger the Wash Rule.

https://www.taxnotes.com/research/federal/irs-guidance/revenue-rulings/rev-rul-56-406/d1hk

Would that also apply to selling NB and using the proceeds to buy NIOBW the next day? Because I did that this week.

I'm down more than $100,000 on this investment.

When I read posts from Walter and the other Belgians, I think they're probably losing more than me, but they are optimistic. Hope springs eternal?

I'm pessimistic at this point about NioCorp, and honestly I wish I knew how to get in on these private placements. $100,000 stings, but it won't make or break me. Still...I can't help but think of all the nice dinners I lost. (And a few European vacations)

We need some good PR soon. Mark, If you're reading this board - make EXIM happen!

At this rate, my IBC investment is about to be worth more than my NioCorp investment.

Good stuff The_Gman. It's appreciated!

No Bull shoes? $NB crypto? Who is buying...and why?

NoBull shoes?

When I see NB on shoes, I think New Balance (which are actually pricey in Italy because they're imported from America).

How deep does this $NB rabbit hole go!?

Richard, you may be right! I've never heard of NoBull Crypto, but all those references to $NB may be for that other $NB.

Even still, is it possible people think they're buying NoBull, but their trading app executes the purchase for NioCorp, thus artificially inflating our price?

It wouldn't be the first time...

The embarrassing trading mistake that costs investors millions every year

Maybe I've become more pessimistic over the years, but I still suspect these Discord groups or some other "Stock Pick Secrets!" newsletter is responsible for this recent price increase.

I saw the same thing during the last price surge - increased chatter on Twitter and the socials, and I see similar activity this time around. If I was a brand new investor looking for an undiscovered gem - those news articles would definitely help sell the pump.

Because at first glance, NioCorp does look like a potential 10-bagger on it's surface. Heck, that's what drew me in all those years ago.

I hope I'm wrong of course and this run-up is preceding some big PR, but as the great orator G.W. Bush famously said:

I've seen a trend with the past few times NioCorp has seen significant price gains with no news, and it seems to be tied to Discord server "Investment group" chat rooms promoting this stock in a pump and dump scheme.

Search "$NB" on Twitter and you'll see several bot accounts pumping the stock, and linking to their Discord rooms.

On the bright side, interest rate cuts make access to loans more attractive. Perhaps NioCorp was just waiting for better rates on financing (Mark Smith loan notwithstanding).

2.5% prepayment fee? So even if the EXIM funding comes through, we're stuck paying 10% interest on this loan until it matures, or take a hit paying it off early?

I got better terms as an American expat taking out a construction loan in Italy than this, and I insisted there be no penalties for paying off my mortgage early, just in case I had a windfall from an investment in a little mining project in Nebraska...

Beatrice, NE is less than an hour's drive from Elk Creek.

Payback of the Yorkville loans may have been a contingency of future financing. Outside lenders may prefer a clean balance sheet before they offer up funding.

This is a good thing.

I bought a few shares at 1.95 over a month ago, to offset a few shares I bought a few years ago. The 30-day wash sale rule is void now, but I just can't bring myself to sell...

What has NioCorp done to me?

Let's keep the conversation about NB closing at $2.09, and then $2.18 after hours...

Besides, we're fresh off July 4th. It's spelled labor. 🥳🇺🇸🇺🇸🏒

She got a chuckle out of your post.

"A t-shirt!? What am I, a laborer!?"

Maybe Milanese girls only wear collared shirts, I don't know. 🤔

Here's the kicker - the well cost €10k to dig, but the aquifer water is "free".

Our rooftop solar panel array was €30k, but now electricity is "free".

Meanwhile, Niocorp warrants are only $.20 - Basically free, right?

Are the GXII investors billionaires?

Probably not, but they are rich. They are Manhattan elites and they could just fund NioCorp's Feasibility Study and EXIM’s drill hole request, right?

Maybe, but rich people are cheap (Walter, chime in here). You don't become rich by spending money flippantly.

Am "I" rich? What is rich? I'm in the red +$100,000 on NioCorp. Does it suck? You bet.

Last month I toured quarries in Italy choosing which marble would be a good trim for the yard of the house I just built in Northern Italy. I chose Rosa Verona, because it turns pink when it gets wet. I don't care for pink, but the wife likes it. How does it get wet? Because we installed a sprinkler system with a pump that taps into an underground aquifer to keep our grass golf course green. And we have a robot lawnmower to do the work while I read stock message boards.



"Rich people don't waste their time on social media!" We went to a nice wine tasting at a villa in Verona today. Tomorrow the wife wants to go shopping in Padua (I'll sit in the square and have a few Aperol spritzes). Saturday we'll go to the dog park if this European heat lets up. Sunday I need to build shelves for the garage. I'm sure I'll read Twitter headlines and IHub posts in my downtime.

Am I bullish on NioCorp? Yes.

Just over a month ago I posted a screenshot of my purchase of another 5,000 NioCorp shares.

Post #113078 (time does fly, amirite!?)



As I stated, this was a purchase at a "low" price to off-set the shares I'd bought years ago at a much higher price, thus lowering my cost basis and then I'd sell a month later (to avoid the wash sale rule) and I would be an investing genius.

Of course, soon after my purchase the NioCorp share price plummeted even further and I once again felt like an investing moron.

But now...we're back up...and I feel like a genius again! And I really have a problem with selling any shares...

Do tell...

What's going on!?

Jim Sims owes shareholders an update.

Have bids been placed to secure the drill samples EXIM is asking for?

Has anyone accepted those bids?

The 9-month timeline...has it started? Is NioCorp using its current funds to finish the Feasibility Study?

When can we expect an update??????

I'm quickly beginning to realize the 2 dozen of us that post on this board are the retail investors that "discovered" this stock from:

- a tip from a specific mine "expert"

- a recommendation from a conspiracy theorist (Tore Maras)

- a meeting with Mark Smith et al.

- a Nebraska Town Hall snake oil sales pitch

We're all idiots. I fall into the second camp, and I feel incredibly stupid.

Aliases and agendas. Anyone discovering this stock in June of 2024 may stumble upon this IHub message board. If it were me, my first thought would be - wow, it's a group of <30 people going round and round, rehashing old posts and lamenting about a reverse split and a SPAC merger. Some of them have more than a thousand posts going back a decade.

No more than 30 people (20?), discussing a potential multi-billion dollar mining project?

Even the Stocktwits message board for NioCorp just broke 1,000 subscribers, but that board is basically dead.

The Subreddit? Only about 300 subscribers.

If I was new, I'd think NioCorp was a potential mining company that - while not actually running a mine - was basically just a Nebraska land owner, and for a non-revenue company that owned some corn fields in middle America, the market valued them at a $70 million market cap!

How is a non-revenue company with no income valued at $70 million on the NASDAQ!?

It's about the implication.

Unfortunately, I'm not a new investor. But if I were, you might be able to convince me this was a good buying opportunity.

"CENTENNIAL, Colo. June 24, 2024— NioCorp Developments Ltd. (NASDAQ: NB) (“NioCorp” the “Company”), is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) of 315,000 units of the Company at a price of USD$1.91 per unit, for aggregate gross proceeds to the Company of USD$0.6 million."

While I watch my investment slowly die, I wonder how this PP investor feels. 315,000 shares at $1.91 on June 24.

Today the price is $1.79.

They just lost $38,000 in one day. But someone saw it as a good investment to put $600,000 into NioCorp, so that alone should give us a little hope, right? Right?

A company incorporated in Colorado with investments in Nebraska, ran by American executives and traded on the U.S. NASDAQ stock exchange is a...Canadian company?

Make it make sense!

"All of the Securities issued pursuant to the Private Placement are subject to a four-month-and-one-day hold period in accordance with applicable Canadian securities laws."

Why would this PP be subject to Canadian laws? We're on the NASDAQ now, not the TSX.

Is the buyer Canadian? (Putz, was that you?)

Or are they playing Mad Libs with an old template?

I bought into the hype for the first time (pre-split) years ago at near $1 ($10 post-split). As the price went down, I continued to buy, averaging down my overall price. $7, then $5, then at $4 (this is when the wife stepped in and made me promise not to buy any more).

"It's at the bottom!" I said. "It can't go down anymore!" I said.

That was at $4.

Then, like many on this board - I sat and waited for positive news. And waited. And waited.

Now, this has become a tax-loss harvesting investment. I'll continue to buy at these prices, only to sell after 30 days to recoup some tax benefits and replace my more expensive shares and avoid the wash sale rules. What a disaster!

I don't disagree. I was buying in 2021/2022 because - like NDOT and the Elk Creek Community Center Planning Committee - I bought what Mark Smith was selling.

Now would be a good time for one of our local Nebraska folks to do a drive-by of the Elk Creek site for a progress report. Is the new highway finished? Are there new drill rigs getting the info for EXIM? Are there engineers on site taking measurements? Is anyone even cutting the grass?