Niocorp Developments Ltd (NB): But...Mark's "investment" is protect...

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Big Casino 1518

Re: GrowthMindset post# 53849

Wednesday, 10/16/2019 12:06:59 PM

Wednesday, October 16, 2019 12:06:59 PM

But...Mark's "investment" is protected.

When he loaned that money to the company it's SECURED. Secured by any/all of the company assets.

If the company fails to find financing, any assets it has are given/paid to Mark.

The common shareholder is left holding the bankruptcy bag.

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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