Niocorp Developments Ltd (NB)

[tedro84]

http://niocorp.com/images/Financial_Reports/NioCorp_FS_2017Q4.pdf


10k page 107 of the pdf. Directors and officers hold 28,310,066. There has been no filing indicating that any of them have sold since this 10k was released.

http://niocorp.com/images/Financial_Reports/Niocorp_10Q_2018_Q2.pdf

Most recent quarterly 10k has no update on insider holdings. Updated outstanding share count is 208,861,265 due to the private placement and Lind convertible securities.

28,310,066/208,861,265 = 13.6% held by insiders.

This does not include whatever Northcott and Lind currently hold, nor any small holdings by institutions.

Meaning retailers own an absolute maximum of 86.4%, but that would have to assume our parter Northcott sold all of their shares. That wouldn't be a very good sign, now would it?

How about these other articles from the same website?
https://simplywall.st/stocks/ca/materials/tsx-nb/niocorp-developments-shares/news/can-niocorp-developments-ltd-tsenb-improve-your-portfolio-returns/
https://simplywall.st/stocks/ca/materials/tsx-nb/niocorp-developments-shares/news/what-does-niocorp-developments-ltds-tsenb-balance-sheet-tell-us-about-its-future/

They are no better. It's all auto generated crap that provides no insight to the company whatsoever. What makes it even worse is that the data has been proven incorrect.

FYI, all I did to find this junk is google niocorp and click on news.