Mark Smith received ~$4 million when his loan to NioCorp was repaid June 30. Now would be a good time for Mark to show his confidence in this project by purchasing shares.
Insider purchases by Mark (or anyone else in the C-Suite) would express a commitment that the rest of us shareholders desperately need right now.
I averaged down at $5. I thought I was getting a great deal. I really couldn't believe how fast we'd dropped from $6. It must have been an anomaly, right? Right!?
I've just now averaged down again at $3.85, still in disbelief and shock.
In lieu of an insider share purchase PR, I expect our C-Suite to announce a transition to a share-based compensation package versus cash salaries. They did it with IBC. If they are truly committed to this company and believe it will succeed, they'll be happy taking stock at these prices versus a paid salary, or at least announce some insider share purchases to show faith in this project.
Market Data 
Markets 
