Niocorp Developments Ltd (NB)

[RusstyCdn]

I think the selling we are seeing is smaller shareholders panicking at the low price and selling off. It's also a market adjustment to the 0.65 Cdn placement price with Mackie. The large shareholders are still sitting tight on their big investments. I personally don't care if a hundred thousand shares trade hands in a day as there are something like 195 million out there and those are not trading in large blocks. To me that would indicate a loss of faith in the project by its main investors.

I have been in this stock for many years and have sold for a decent profit many times (it paid for my wedding two years ago) and I have bought back in when I have funds. I believe in the fundamentals of this project and will remain long for however long it takes.