Niocorp Developments Ltd (NB)

[murocman]

Not sure what all the euphoria is over moving to a senior exchange. I said it before; at the current stock price their aren't any options for Niocorp to move to a higher US Exchange. If the share price were to move North of $1 per share (US) and stay there, then the discussion can start to be had. More realistically it needs to be greater than $3 per share.


The only way that happens in the near-term is earth shattering news (stupendous flow sheet, another offtake agreement or merger/takeover)


Short of that, I still say you're looking at a reverse split if we're going to trade on a more senior exchange in the short term. I hope that does't happen. This company has a lot of potential and is likely to move much, much higher. They have everything going for them. We just need to be a bit patient and let events unfold and wait to the herd to show up. Once the BFS is out this Summer I think we'll be 'movin on up' as the song used to say.


GLTA,


Murocman