Niocorp Developments Ltd (NB)

[jeunke22]

Nioman, you don’t own shares, you did however and sold. Not much risk. Sell and collect . Mark Smith bought along time ago and is not allowed or feels he cannot sell because of his fiduciary capacity towards his shareholders. He is holding his ( cheap) shares for all these years and cannot sell like you, take a profit or reduce a loss. Moreover his stake in the company is a great sign. He put his money where his mouth is.
His salary, what do you do for a living if I may ask? I am assuming you got a job and need to work for your salary or do you work for free? I guess you are paid a salary like everybody else. I hope you have a great competitive salary. If not, you should look for another job.
The loan: now your boss, your friend, whoever asks you to loan him $ 3 million because he thinks he is got a good business idea, assuming you have it and don’t have to take out an additional mortgage on the house, would you give it for free or would you ask interest especially since there is no collateral for the loan just a paper plan? Mark put $3 million in the company to help the company ( and it’s shareholders) to be able to keep the company afloat and operating. He put his money where his mouth is.
Please try to consider this when you critique and try to downplay Mark’s financial commitment especially since you have no commitment at all .