Niocorp Developments Ltd (NB)

[Dead On Arrival]

The ink was not even dry on the GXII merger and Niocorp had to raise money 30% lower a month later. Bet the shareholders of GX are thrilled. As I said before, the tutes will name their price to get in on the action. Niocorp was crushed by the small amount of money invested in the merger. EXIM funding is huge down the road. I am not sure what the dynamics are but they have big partners in Boeing and Freeport Mac.. No question that the country needs a domestic mine and Nio fits the bill. How long will it take before a decision is made is anyone's guess.