Niocorp Developments Ltd (NB)

[Contrarian58]

That's entirely possible, and I would consider it an early Christmas present that would allow me to finally round up to a half-million shares.

It's not impossible that Niocorp could crash and burn, but it's not very likely either. The worst case scenario is that we will have to part with a large chunk of equity in order to JV with a deep-pocketed mining company. The BOD could direct Mark to shop out the company at any time. The fact that they have not done so is an indication of their confidence that this particular project will eventually pay off bigly (that's Queen's for "big league"). It make take two years, or it may take five, but I expect that one way or another Niocorp in going to make patient investors a lot of money. It may not be as much money as some people fantasize about (e.g. $30), but it should be more than respectable for anyone who has purchased prudently, and average down when the opportunity arises.