Niocorp Developments Ltd (NB)

[tedro84]

As far as facts I quickly proved that one of your key facts was blatantly incorrect.

Your claim was that this is material information because the mine could not be developed if not approved. It was known by the agenda that this decision would be made at this meeting. The entire point of a trading halt for pending news is to give all investors the opportunity to digest the news. If you mean to say that the company needed to wait until after the commissioners vote to request the halt (or the IIROC whatever it is you think) then it seems to suggest you think it appropriate that multiple (non-inside) investors gain “material information” at this small public meeting and have an hour or so to trade prior to the broader investing community. That would be a direct contradiction to the purpose of a halt. Hence, don’t you think it more reasonable that a halt would have come prior to the meeting?

This is all of course dependent on whether or not the halt was requested by the company or not. I think it was. Potentially because it was posted here. Potentially as an attempt to draw attention to the company. If this was solely done by the IIROC, that would be a sure signal that regulators are watching this company extraordinarily closely.