Niocorp Developments Ltd (NB): Come on now. Can you fairly categorize t...

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Niocorp Developments Ltd (NB)

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Re: stark12 post# 28466

Wednesday, 09/13/2017 10:20:01 PM

Wednesday, September 13, 2017 10:20:01 PM

Come on now. Can you fairly categorize the overwhelming state of this board as just faint praise?

There is a considerable chance this company does go belly up. The BFS acknowledges they need approximately 10 million over the next year. If the private placements dry up, where does this come from?

I give it a 50/50 chance at this point. Depending on your available funds the potential upside could be great, but don't kid yourself into thinking that MS's investment isn't hedged by his position, and that his income he has to protect within the rules of the SEC.

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