Thursday, September 21, 2017 12:13:49 PM
They only have one reason for buying a stock: they think it will go up.
Source: Press Release 9/18
My opinion of this development:
Northcott, per the press release, can see the interest, activity and potential outcomes of a debt financing deal in the near future.
With this knowledge - Northcott, per their actions, would rather have shares in Niocorp at a 10% premium to market than have cash.
What signal does that send to you, if any?
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