Niocorp Developments Ltd (NB)

[Dead On Arrival]

Can you tell me what GX brought to the table for Niocorp and why we did the merger with them? They have zero experience in the mining industry. They were on the verge of closing in March and had zero leverage in a merger pact. Having said that, they made out like bandits in the deal and the retail shareholder base was destroyed. Who put us in that position and why do they still hold a position on the BOD or management.

The office in Tecumseh is vacant from what I understand, questions from local outlets are not being answered and shareholder questions to Jim have gone silent. Yet some posters think this has been a great year. It has been an unmitigated disaster plain and simple. You cannot spin it. Let's see if they have the guts to answer the tough questions at the next AGM.

If people think this is a home run in the making, I am sure this is a buying opportunity of a lifetime. However I think everyone is praying instead of grabbing more shares.