Niocorp Developments Ltd (NB): It’s not me driving the price down. It’s...

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Niocorp Developments Ltd (NB)

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Re: jack the bear post# 112842

Wednesday, 06/05/2024 10:11:14 AM

Wednesday, June 05, 2024 10:11:14 AM

It’s not me driving the price down. It’s management blunders and thier greed. Just over a year ago there were 28,000,000 shares o/s. Now officially there are 37,086,000. And doesn’t include millions of ERRC shares that can convert into NB shares. Over 58,000,000 fully diluted. Using toxic debt to pay off MS $4,000,000 loan and to give management big raises, bonuses, cheap stock options without delivering financing is the culprit. Toxic debt never found a bid that isn’t worth hitting.

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