Niocorp Developments Ltd (NB)

[tedro84]

Paper gains, but congrats. It’s always nice to be on the right side of a speculative trade. Now keep drinking that grape flavor right to the bank and you can pat yourself on the back for making a successful investment as many others here have already done. The broader investment community figured this one out a long time ago, as soon as some of the larger retailers start selling this may go down in a hurry.

You have about three major events coming up. The air permit, but you’ll have a bare minimum of thirty days notice before that’s a reality, the 10q most likely the first week of February (those statements are almost certain to be abismal, and finally the day(s) of reckoning starting on 2/14 when the .85 CAD warrants start to expire. If holders don’t exercise these warrants there will be a serious cash crunch and immediate need to raise capital in a hurry, and it’s not coming in the form of a billion dollar check.