Niocorp Developments Ltd (NB): PutzMueler - your point about Largo is a...

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Re: PutzMueler post# 66029

Friday, 10/16/2020 12:17:51 PM

Friday, October 16, 2020 12:17:51 PM

PutzMueler - your point about Largo is a good one. I am not complaining that we haven't realized US$9.47/share, but rather that we have seen almost no real movement or appreciation in many years despite all the positive financial studies, de-risking, 75% of niobium sold for the first 10 years, permits, reduced CAPES & OPEX, etc.

I started watching this as Quantum at US$0.13/share (pre-TSX) and first started investing in April 2014 at US$0.39/share. Overall, I'm slightly at a loss cost averaged, but not by much so I'm ok with that.

The frustrating part is that despite all the de-risking & positive developments, the stock has done nothing for years except bounce between about US$0.40/share & US$0.50/share with the occasion jump slightly north of US$0.60/share. Why?

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