Niocorp Developments Ltd (NB)

[Contrarian58]

Keep your powder dry gentlemen.

1) There's a very low probability that Mark will be making any great reveal in his presentation next week. A keynote address is not the place for big announcements. He will most likely be a cheerleader for the technology metals industry as a whole.

2) As a result of Item 1 above, very short-sighted people (i.e., day-traders living in their mom's basement) will likely be selling their 1000-share stakes in Niocorp.

3) At the typically low volumes at which NB trades, the stock price will go down.

4) People like me, who believe that Niocorp is one of the best prospects in the current market for generating a 15-25x return over the next 3-5 years, will buy those shares, with relish.

5) If a similar fire sale had not also been going on with Ivanhoe Mines earlier this week, I would already own another 50k shares of NIOBF. Now I have to decide what to sell in order to pick up some sub-50-cent (U.S.) shares next week. Damn. Honestly, I hope nitwits drive the price below 40 cents. If they do, I'll likely be endowing a professorship in my name at Stanford within five years. I thank the sellers in advance.