I wouldn’t count on it. Niocorp is 15% below the agreed exercise price. Pretty sure most institutional investors don’t want to invest in something and loose 15% immediately.

Since the reverse stock split of 1 for 10 that Mark Smith engineered in 2016, IBC has lost 80% of its value. It’s going to be different with Niocorp though? Is Niocorp at the bottom now too or is that just the kool aid talking?

In addition to Niocorp, you should invest in IBC Advanced Alloys. The team there is phenomenal in bringing so much to the table for shareholders.

When the stock gets to .50 and has to do a reverse 1 for 20 split to get an opening price of $10 on NASDAQ, will you still shower the management with praise? Your precious stock would need to have a SP would need to get to $100 just to realize a gain of $5 of your current holdings. It’s never going to happen. It’s likely to drop to $5 and you’ll have the equivalent of .25 of your original holdings.

Non of them are clearly buying now. Nice to know about the army that will be shorting the hell out of this turd, thanks!

Impressive math skills there. You must be an accountant.

Boom!!!! Mike drop!!!!

So that stock went through a 10 to 1 reverse split too?

You do realize that $20 after a 10-1 reverse split is only $2 in realized SP.

Someone needs to make that a sticky note!

Oh wow, you might want to study up on the difference between a reverse and forward stock split

You should be worried. That last 10-1 reverse split that Mark engineered in May of 2016 for IBC Advanced Alloys has been a financial disaster for investors. The stock has went from .60 at the time of the reverse split to less than .09 today, over 85% loss. Yet you wonder why anyone should have concern?

This stock should have been at $10 by now, but it’s not. The team has failed to bring any spotlight to the project and get the SP up. It’s sad that long term shareholders have now been give a shite sandwich and then told to eat it because it tastes better than it looks.

The European ferro vanadium prices are actually higher right now than when Largo did their reverse split March of 2021. The European spot price of vanadium has been higher since the 10-1 reverse split and seeing highs nearly double at one point during March of 2022.

Can you explain why Largo would be trading at nearly 70 less of the SP after their reverse 10-1 split when the spot price of vanadium has been consistently higher since the 10-1 split?

I also brought up Largo. Also a company that Mark Smith was involved with a few short years ago. Do some DD. No one stood up and answered the question. Oddly enough, the post was removed without merit and it was certainly within the TOS. Do you have a success story of any mine that has experienced a reverse split to get onto another exchange?

“If we are to make comparisons, Largo (LGO), a vanadium mine. Largo (LGO) executed a 1-10 reverse split Mar. 08, 2021. The stock went from $1.50 on the OTC to $15.00 in order to get on NASDAQ. If you had $100,000 investment at the time of the reverse split, it would still only be worth $100,000 and you would have 1/10 your original shares. Fast forward to today, that $100,000 investment would be worth just over $33,000. This is a mine that was already in operation and generating revenue. Yet it has lost about 70 of its SP value. Does anyone here have a success story that they could share of a mine that has experienced a reverse split?”

No logic at all? The same institution that financed that company last year and initiated a 10-1 reverse split are the same entity that are now looking to do the same with Niocorp. No logic at all?

Yes, It is always better to be Always Perspicacious than always optimistic.

Wrong, March 05, 2021 vanadium price was $34/kg. Yes, vanadium reached quick a spike of $62/kg March 23, 2022. Vanadium is actually nearly the same today at $33.25 as it was when Largo performed their reverse 10-1 split March of 2021, but nice try. The stock has still plummeted nearly 70%, even with the price of vanadium being nearly the same today as it was when they entered the NASDAQ exchange. Why?

Oh wow, you’re brilliant….lol

Okay, Theroux . If we are to make comparisons, Largo (LGO), a vanadium mine. Largo (LGO) executed a 1-10 reverse split Mar. 08, 2021. The stock went from $1.50 on the OTC to $15.00 in order to get on NASDAQ. If you had $100,000 investment at the time of the reverse split, it would still only be worth $100,000 and you would have 1/10 your original shares. Fast forward to today, that $100,000 investment would be worth just over $33,000. This is a mine that was already in operation and generating revenue. Yet it has lost about 70 of its SP value. Do YOU or anyone here have a success story that they could share of a mine that has experienced a reverse split?

Apparently no one paid any attention, sad

Just like the merger they had with Celularity last year. That stock is down nearly 90% after their “merger” with the masterminds behind GXII. You guys really need to do some DD.

https://www.globenewswire.com/en/news-release/2021/07/16/2264260/0/en/Celularity-Closes-Merger-with-GX-Acquisition-Corp-and-Provides-Corporate-Update.html

Just like the merger they had with Celularity last year. That stock is down nearly 90% after their “merger” with the masterminds behind GXII. You guys really need to do some DD.

https://www.globenewswire.com/en/news-release/2021/07/16/2264260/0/en/Celularity-Closes-Merger-with-GX-Acquisition-Corp-and-Provides-Corporate-Update.html