Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

I tend towards looking at the positive in his comment. I don't believe it is necessary to redo the FS to accommodate new findings. I think the comment is more rhetorical than declarative and we don't need addtl. research on rare earths to make the project financeable. I also don't think MS would be appearing on a nationally syndicated TV network unless the company was anticipating financing. If anything, his national appearance improves the prospect of financing because it has raised the share price and is making the project more attractive to financiers on the equity side in addition to PR's re the $10,000,000 loan, the exercise of the option to purchase land where the mine will be built and the signing of the agreement with Cementation. JMO, but, the rare earths comment was in response to the interviewers mention of MolyCorp and rare earths, and at some point, the company can look in to extracting rare earths but I don't think it is a show stopper re obtaining financing to develop the extraction of niobium, scandium and titanium. All JMO. To investors, please do your own research and make your own investment decisions.