Niocorp Developments Ltd (NB)

[Truth and Transparency]

Being critical of management is not bashing. Management has said financing was imminent years ago and that they were in serious talks with several groups of financiers.

We know that this current financing deal with GXII began a mere six months ago. There were no other options on the table The deal will effectively give GXII institutional investors more than 50% of the company. Looking at who we are making the deal with should make anyone cringe when they look at their track record. Intelligent investors are questioning management for very obvious reasons, but are continually ridiculed for pointing out the facts. I’m going to guess the majority of investors who are expressing frustration with management hold more shares than each of the members of management and board of directors besides Mark Smith.

The definition of ignorance: the state or fact of being ignorant; lack of knowledge, learning, information, etc.