Niocorp Developments Ltd (NB): You are only focusing on one scenario....

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Niocorp Developments Ltd (NB)

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Re: reddoor post# 48388

Tuesday, 04/23/2019 9:50:46 AM

Tuesday, April 23, 2019 9:50:46 AM

You are only focusing on one scenario.

Yes, he's making interest on his loan.

The second scenario, which you didn't read, is if things go south, he can personally foreclose on the loan he made to NioCorp, and claim all of NIOCORP's assets for himself.

Which according to SEC/SEDAR filings is about 100 million.

Pretty good deal, huh?

Rule #1 is never lose money.

Rule #2 is never forget Rule #1.

My posts are my opinions only. Do you your own due diligence.

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