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Saturday, October 15, 2022 10:31:15 AM
I feel so much better about our situation now that you elaborated about the fixed prices regarding the merger instead of the Reverse Split ad markets behaviour after the reverse split that usually has but one outcome.
Mark Smith has never done a damn thing for shareholders other than keep us in the DARK with NDA’s and there’s no reason why he should send us a letter or a message of some kind of statement to say what we at NioCorp have done during our recent negotiation with GX and Yorkville Etc, is try to minimize the selloff after the reverse split by keeping our share price as low as possible but still high enough to get on the NASDAQ. Is that not something a great Chairman would do, to elevate the fears in the market overall to prevent a sell off?
No because he has all the marbles in his bag and he is free and clear from losing after five years of sucking up the dilution of NioCorp to a point where a reverse split is absolutely necessary. And in all that time he couldn’t even be ready for the green economy and it’s been roaring for five years and Marcus still having us wait for REE results. These results should already have been known a long time ago and our share price should’ve already zoomed up to the sky and having all sorts of people interested in what we got going on that we wouldn’t even need a SPAC merger to begin with
Walter, if you had to make an educated guess, which way do you think the share price is going to go after the reverse split, which way will it go? North or South?
And how long do you think it would take to reverse that direction with Mark Smith at the helm?
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Per the rest of your post…
No need to prepare us for disappointment we are use to it Sir.
Follow the Technicals, or be Fundamentally too late to the Party.
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