Niocorp Developments Ltd (NB)

[Middleborder]

Smiling Dog; Douginil,Chico237,all; They may not know any material reason, but but they did provide updated staus of information that was previously disclosed. Progress!


https://www.niocorp.com/niocorp-developments-responds-to-market-activity/

[i]snip... "The testing, conducted at the Natural Resources Research Institute (“NRRI”) of the University of Minnesota-Duluth, in partnership with Weir Minerals, is expected to culminate in the preparation of a 3-metric tonne metallurgical sample to be used for flowsheet optimization and rare earth recovery studies."

---They have or will have a sample they can use to look at for REE recovery. (Scandium/Niobium and Titanium are knowns!)

"NioCorp’s metallurgical consulting partner, L3 Process Developments, has completed initial testwork and studies related to flowsheet optimization and rare earth recovery for the Project’s planned surface processing facility. The Company continues to evaluate the results of this work as part of the overall effort to determine the economics around adding rare earth recovery to the project’s flowsheet."

----See above. COMPLETED Studies regarding REES

"Work is expected to commence shortly on the collection of additional historic drill core samples and the submittal of those samples for rare earth analysis to fill in gaps in coverage for the rare earths in the Company’s drill hole database."

------Historical samples may include those were referenced in U/NE Doctoral Thesis and or anything drilled by Molycorp drilling if they have access to them to see any location with high REE Concentrations.

"The Company has completed an internal study of the markets for rare earth products, focusing on the potential growth of those markets driven by the anticipated demand for the magnetic rare earths (Neodymium, Praseodymium, Terbium, Dysprosium) and the resulting long-term expectations related to pricing."

----They have COMPLETED a study of what they can get for the completed product.

While THEY do not know any material fact that would justify the price rise, they DO provide an updated status regarding the possibility of adding REEs to their mineral product portfolio that justify the additional interest we seen in Niocorp. In view of the Strategic Materials Initiative, the inclusion of REEs provides and additional incentive for Financiers or for the U.S. Government to provide loan guarantees!


(I am not making any recommendation to buy or sell NioCorp Stock. Everyone should do their own Due Diligence when investing!)