Niocorp Developments Ltd (NB)

[murocman]

It should be a piece of cake to raise $25m to start the mine. This is not a lot of money in the business world.

If this mine was the incredible value that has been touted on this board, there are many deep pocketed individuals here in Nebraska that would have jumped at financing this project.

Yet it hasn’t happened all the while the lack of US Rare earth production has been all the rage the last few years. All there has been is a never ending resource estimate, that has obviously not impressed anyone or group enough to offer financing.

There is something not right here.

I hope this investment works out for those that have been here so long. I was in early and have been out for awhile. I follow as an interested Nebraskan and because my company sells analysis equipment to the mining industry.

The problem for this company is that capital has been cheap and relatively easy for the last several years and this company has failed to take advantage.

The environment is now changing I am much less convinced this project will get off the ground anytime soon. Good luck to all with your investments.

Murocman