Niocorp Developments Ltd (NB)

[Truth and Transparency]

They are NOT the same thing! By definition, a republic is a representative form of government that is ruled according to a charter, or constitution, and a democracy is a government that is ruled according to the will of the majority. Although these forms of government are often confused, they are quite different. The main difference between a republic and a democracy is the charter or constitution that limits power in a republic, often to protect the individual's rights against the desires of the majority.

If you’re confused about what we have here in America,... its a Republic. " I pledge allegiance to the Flag of the United States of America, and to the R E P U B L I C for which it stands.