Home > Boards > Canadian > Mining/Resources > Niocorp Developments Ltd. (NIOBF)

Not gonna lie, NioCorp dropped a huge turd

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BL4Nio   Wednesday, 07/12/17 02:50:55 PM
Re: NavyHusker post# 26249
Post # of 63958 
Not gonna lie, NioCorp dropped a huge turd into their own punch bowl with the release of the BFS. This has been immensely bad. They need to do something ASAP to get the share price up and break this downtrend or there won't be any investors willing to stick this out anymore (I can't even imagine the pain investors who bought higher up are going through). Losing 25% of your Market Cap after the BFS release is just awful for everyone involved. People can rationalize any way they want, but the market did not like what NioCorp offered up...and it shows.

Why did we even take the extra year+ to get to the same result with a higher CAPEX, and lower pricing on the TiO2...makes no sense, and seems like a total waste of money.

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