Niocorp Developments Ltd (NB)

[tedro84]

Facts we know: Hallgarten is currently short Niocorp and long Neo. It hasn’t yet been discussed here but they are also long IBC.

http://hallgartenco.com/pdf/Portfolio/portfolio_Aug2019.pdf

They were once long Quantum but sold at some point in time. Your theory is the only reason they are short Nio is because Ecclestone is a “disgruntled former Molycorp investor.”

So if I’m understanding this theory correctly, the “disgruntled former Molycorp investor” is currently long the only company that survived the Molycorp restructure, is long IBC, another company with MS and JS on the team, and was long quantum before additional studies/drilling revealed the niobium was not economical to mine on it’s own and it was turned into an uneconomical scandium play. Do I have it correct? Does this make sense to anyone?

Seems to me, and I’m sure Occam’s razor would agree, the author simply changed his opinion on elk creek as more information became available and retains the intellectual capacity to look at the other companies objectively. I believe another poster on this board has worked diligently to inform people ever since PEA1 was released that the resource simply is not economical at this point in time and won’t be in the foreseeable future.