Niocorp Developments Ltd (NB)

[Boilermaker1]

Mark and Jim Sims know the regulations
Mark has a Law degree (and an Engineering degree.) jim Sims is a very accomplished and experienced PR man. Jim has told me there are VERY specific rules and regulations on how ANY news that might have ANY impact on the profitability of the company gets released. He said that when he makes a big announcement it goes to several THOUSAND places simultaneously. Jim has also told me that Niocorp is very conservative regarding these regs. They DO NOT push the limits of what might be acceptable. If (and I am hoping) Mark gits-er-done, the news will come out through the standard channels that Jim normally uses. We can all be hopeful, but Mark is not going to stand up in front of a group of investors in Antwerpen and make a big announcement. He legally can't. He is getting very close to the finish line of a long race, he is not going to make a stupid move now.

At the Syracuse town hall my buddy asked Mark ahead of time if there would be any big announcements. Mark replied "Definitely not, I legally can't. This may be a large group of people and a lot of stock holders but an announcement here would not be a legal public news release."