Niocorp Developments Ltd (NB)

[Roymac81]

Thank you for your reply Landmark. I completely agree with you. The project looks (and is) pretty amazing, and I really hope it takes off.
But either our good hopes or the advancements in the project will not "pay the bills". And what I'm concerned is how closely the stock price is getting to "the point of no return" price. If the price gets to 10 cents, then raising the $10 million will require 100 million new shares...

At that point, even Mark Smith's stock will start suffering. As of July 2017, he is the owner of 10% of the entire stock of the company. And it would be especially beneficial for him to start operations this year, otherwise, his ownership percentage of the company will start to diminish. Just imagine, if the price drops to 10 cents, and he has 20 million shares out of 200 million, adding 100 million more will turn his 10% of ownership into 7%. And the next year it would be 5% or even less.

He needs to get this baby going, and fast. For his stake, and for the rest of us :)