Niocorp Developments Ltd (NB)

[tedro84]

Then you miss the point about due diligence. Waiting for an SEC filing is going to cause you to miss a lot of opportunities for either buying or selling. The company is not going to disclose an issue with a permit via email to a single investor, and likely won't disclose it via press release until the permit status was in serious jeopardy or even denied. If something goes wrong at Niocorp prior to funding by large institutions, the stock will drop significantly in a flash.

While some here apparently have 100% confidence and seem to be in "wait and see for the good news" mode. I and others approach this investment with a high degree of skepticism and recognize that there is no guarantee that the mine will be funded or built. The insight and collaboration provided by healthy discussion can help investors identify gaps, concerns, or misleading statements in a press release that may help make a determination that it would be in our own best interests to close our positions in a hurry. If we wait for facts, as reported in filings, we will be too late. I have a bit of concern with the last release. Not enough to close a position, but I will continue to watch the wording of future press releases for signs that I interpret as distress.