Niocorp Developments Ltd (NB)

[inversor86]

Good news, Jody Dahrouge is done selling shares. I know someone on this board sold their shares because of the uncertainty his selling caused, hopefully you read this as you may want to buy back in. Here is information that I know as fact and has been verified by Shawn Westcott via e-mail. Jody had a large tax bill to pay in Canada and he had to sell off 10% of QREDF holdings as well as shares he held of other companies to pay it off. Jody is no longer selling shares and infact is the largest QREDF shareholder at around 5 million shares.

What prompted me to email Shawn was information I read on this message board. Link If you go midway down you'll see emails posted from Shawn and Jody to the user posting. The page is mostly in German but the emails are not. If you use Google Chrome it will translate the whole page for you. Something else interesting in those emails Jody states that he actually bought 1 million shares not long before he began selling.

I'm sure many are not happy about Jody's selling, but for those of us who invested later or anyone buying now he has created a artificially low entry price.