Niocorp Developments Ltd (NB): If they did though investors will still...

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Re: GrowthMindset post# 61960

Thursday, 06/11/2020 10:06:12 AM

Thursday, June 11, 2020 10:06:12 AM

If they did though investors will still make money if he sells the mine.

That isn't correct. Mark's loans are secured by company assets. If the company defaults on the loans, Mark gets the company assets to himself. The shareholders would get ZERO. That's how this secured loan is structured.

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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