Niocorp Developments Ltd (NB)

[NavyHusker]

I'm curious how you think this is in any way relatable to NioCorp?

NB's money has always been tight. Management seems to take home hefty salaries while not producing any revenue for over a decade. How is that anything like your story?

NB management gives raises, bonuses ($50k on top of a $200k+ salary), & doubles equity compensation while destroying shareholder value by making terrible deals.

Have I mentioned that they have been doing this for over a decade now? With no revenue even projected for several more years? How many VC's would be willing to cover a company's finances for a decade while producing nothing except bad deals?

How has NB's IPO worked out? Don't think there are any millionaire janitors here. Seem to have plenty of millionaire con artists though.

Fun story, but has no similarities to NB other than lack of revenue.

Here is another fun story. I made a small fortune in NB stock. I did it by starting out with a large fortune in NB stock.