Niocorp Developments Ltd (NB)

[MaxzMillionz]

Mark was first elected to the board in 2015 and then Chairman in 2017 before taking over as CEO in 2020. Stating he engineered a reverse split in 2016 is likely an overstatement. Even so I see zero evidence the reverse split has anything to do with the steady share price decline. Most likely the fact they failed to become a consistently profitable company has everything to do with the declining share price. Mark has been working to turn the company around since he took it over in 2020. Mark has been restructuring the company and making progress the last two years. The last report out was a bit of a setback, however there are still some promising indicators.

I am excited to see what transpires next year with NioCorp. I am admittedly less excited about IBC in the short term, but hope to at least see them swing to profitability next year.