Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

He must be a newbie. Old timers know $30-$40 is only $3-$4 pre split and they will also remember that NB (formerly named NIOBF on the OTC pre split) shot up to $15.20 post split ($1.52 pre split) merely on news that NioCorp moved from a junior exchange to the TSX on March 9th, 2015. No financing news involved whatsoever. So, it is not inconceivable NioCorp could go up to $30-$40 ($3-$4 pre split) and then drift down in the days following upon major financing news like an $800,000,000 loan from EXIM "in my opinion" however there is no guarantee that will happen but it is not inconceivable either IMO based on this stocks historical performance on less major news (move to TSX in 2015, FOX Business News interview) and a PR that NioCorp secures an $800,000,000 loan is major major news compared to moving to the TSX or Business news interview with the CEO. This is my opinion, please do not rely upon my opinion, do your own research and come to your own conclusion.

Interesting to note that NB shot up 22.36 from $2.37 to $2.90 in after hours trading on Friday. I do not know, however, how many shares were involved.

https://www.niocorp.com/niocorp-announces-final-approval-graduation-tsx/

https://www.barchart.com/stocks/quotes/NIOBF/interactive-chart