Niocorp Developments Ltd (NB)

[LCP77]

protohype back to grade school.

I actually think 2018 is a more realistic time frame for operations. Assuming that things, as they have been, continue well. But clearly you don't understand mines, mining valuations, etc. For quite some time now all the lower priced shares have been free trading. They are clearly in the hands of those who have a long term vision or have been rolled into the considerable volume available and therefore into better and newer hands. If you haven't been exposed to real accumulation then make this chart your case study. We are one cent from ever highs today after your cautionary post.

If the investment community is shown that the NPV is an x number and the stock is trading at 1/15th of x while showing that a world class management team is in place to unlock the NPV there will be buyers - as has been demonstrated.

Right now my personal back of napkin is a $1.5 B NPV (but they keep getting bigger, richer, and are open in three directions) and that is carefully considered. The company value is about 1/15th of that. I do know further dilution will occur. So I'm thinking (just my personal 2 bits) that we are about 1/7th of our conservative potential. Some big mining co could do the same math and say hey - if we bid $2.00 or $3.00 for the company we could steal it. We'll see.

Where is that other guy who said Niocorp was going to flame and burn?