Niocorp Developments Ltd (NB)

[tedro84]

You continue to gloss over what was the larger concern. That being concern over the remaining federal permits and the need to expedite them. Jim addressed most of this, although the explanation leads one to wonder why this process wasn't used for the other 404 permit. I surmise they were unaware of the order, unsure it would apply to a supplier of infrastructure projects, or simply decided against making the request until the order had aged a bit.

The etiquette issue was mostly evidence that Niocorps intent with this was publicity. That's fine, but I don't think they considered the concern that some investors would have with asking for an expedited review now and not before.

To my knowledge, this board is for insight and discussion. Some of us prefer to take a contrarian view to these releases, just as the debt market will be doing. Short term investors and day traders may love these as they provide rapid movements. PR's like this one do little to nothing to convince institutional investors or larger mining companies to invest in Niocorp, which is the primary challenge this company faces. Support from the state has always been there. If you want to pat yourself on the back for a 7% paper gain then by all means have at it, but I will continue to assess this highly speculative investment on a daily basis and value this board as a tool in that assessment.