Niocorp Developments Ltd (NB)

[tedro84]

That's debatable, but not really the point. It's irresponsible to turn a blind eye to the issues at Molycorp while singing his praises for getting the stock up to $79 for a mere moment in time, which had far more to do with rare earth speculation than any of the fundamentals of the company.

Molycorp also IPO'd at $14. The best possible return an investor could have seen would have been just under 400%, so it doesn't even fall into the 10 bagger bucket if an investor timed it perfectly, although that would have been a nice trade. It was back under $14 less than two years after the IPO. Long term investors were left with nothing.

http://fortune.com/2011/11/18/molycorps-1-billion-rare-earth-gamble/

Anyways, the whole point of this was that I don't see the path for Niocorp to follow Largo's trend for the reasons I stated in my first response to you. Those that invested a few years ago in the teens have the potential for some astronomical returns, and I think even a new investor today could see 10x in an optimistic model. Those are pretty lofty projections.