Niocorp Developments Ltd (NB)

[jeunke22]

I only know that hey got to 15% in stealth mode without the market being alerted nor any legal need for reporting. They bought shares over a period of time when prices were low. Investment banks and market makers shorted and delivered when overall a 15% ownership was established. Market Makers holding or trading for others are excluded from reporting ownership. Yes, institutions and banks can buy off market. Message here is that you can build a position at low prices n stealth mode with the help of your friends in Wallstreet. Dutch AFM ( SEC) wants to see if regulations need to be further fine tuned to avoid these kind of collaborative ownership changes in future,