Niocorp Developments Ltd (NB)

[Dead On Arrival]

A lot of investors here never followed the golden rules of when to sell a losing stock. There is plenty of info on the internet on what is the best strategy for dumping a loser. Niocorp is a bit iffy in that regard as the stock basically held up until the company merged with a terrible partner and it became very hard to sell your position.

LPC had stated that stock becomes free to trade tomorrow from the merger. Let us see what transpires . No clue which way Kehler and his crew decide to do. The share price is so far in the abyss that they might hold off selling.

I have zero idea how the company is surviving with a negative balance now. Wonder if Mark would be able to rekindle his lending arm. Thank God they do not have to respond till end of the year at the AGM. Heading to Neb. for a town hall dinner might not be a good idea.