Niocorp Developments Ltd (NB)

[Roymac81]

You are correct about the ASAP funding.

But no worries, Niocorp will continue to dilute our share values in the meanwhile... no biggie.

I mean, its crazy that a company that has no assets, no income, no production, not even a determined plan for production, is worth over $120 M.

Don't get me wrong. There is serious business in this company, and the mining reports are solid. But Mark Smith will have to eventually draw the line and call it quits. Because, at 42 cents a share, he would need to issue at least 20 million more shares for 2018 in order to keep the boat afloat. Not only that, I think that if Trump wouldn't have included Niobium and Scandium as critical metals, Niocorp's share would have been at 20 cents, which would have had required issuing 50 million new shares for 2018...

Hope and deliverance are the only things holding this company together.