Niocorp Developments Ltd (NB)

[NavyHusker]

Until something actually is a catalyst for the stock, all news is just more "meh". I've been invested in this stock since 2014. In that time we have a high of $1.04US and a low of $0.35US and currently sit at $0.60US.

Time & again, I've read about "we just need ..." only to have that happen but nothing happens to the stock. We just need the Feasibility Study, which we got & the stock tanked because the CAPEX was about $950M. Then we got the revised FS. We moved to the TSX. We sold off takes to Thyssen Krupp. Deutsche Bank guarantee loans, water permits, don't need to build the pipeline to the Missouri River, air permits, we present at this conference or that one, testify before Congress, breakthroughs in the refining process, got on the critical strategic materials list, yada yada yada.

Yet nothing happens for investors except Mark keeps loaning the company money at 10% interest.

I'm still overall bullish on the opportunity if it can ever get financed and begin construction, but this has been dead money for non-traders for over six years now. And I don't want to trade it because I don't want to miss on a big payday only to try to cash in on that move from $0.60US to $0.65US and moving any significant amount of shares to make that trade worth while is dicey anyway given the usual volume.

Happy to hear good news, but I've heard plenty of good news and milestone events that has resulted in no real results for investors that I don't get excited about news. I'm really disappointed in how long this venture has taken to materialize. GLTALs