Niocorp Developments Ltd (NB)

[NavyHusker]

I'm using exaggeration for the purposes of illustration since it seems that was too difficult and some people are taking that post literally. NioCorp has a long history of misleading news releases and deals.

SPAC deal

"This is a big fundraising effort," he said in an interview. "This could result in $285 million in our treasury to put towards this project."

How much did that bring in? Oh yeah, it destroyed share value by about 80% (and counting) and brought in zero investment.

March 2015: NioCorp Gets In-Principle Eligibility Approval for German Loan Guarantee (https://www.niocorp.com/niocorp-obtains-principle-eligibility-approval-cover-federal-republic-germanys-united-loan-guarantee-appoints-northcott-capital-project-debt-financing-advisor/). From Mark Smith "This in-principle eligibility approval for a loan guarantee by the Federal Republic of Germany continues to demonstrate a strong level of confidence in NioCorp and its Elk Creek project." How much did NioCorp actually receive? None.

There is plenty more history of NioCorp using vague terms. We are beyond a decade low and approaching all time lows. So yeah, I'm tired of them being less than clear in terms of what is happening.