Replies to post #44665 on Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

Interesting theory. So, the purpose is to fund the company with a small amount of money for operations to avoid raising more money? Under that theory, because NioCorp only needs a small sum of money to fund operations, it would be a waste of time and resources to borrow a small sum of money or issue warrants especially if NioCorp is predicting that financing is almost but inevitable.

Just a theory built on other theories and IMO...until the next poster has an even better theory.

[MaxzMillionz]

The SEC was very specific guidelines that prevent insiders from buying or selling securities before key corporate events hat have not yet been made public. Assuming funding is to be announced within the next few weeks, Mark would not be allowed to buy securities on the open market without violating insider trading laws, even if he informed the SEC.

Plus the proceeds from exercising those warrants is $64,000 USD. That would only fund operations for less than a week. I doubt raising $64K weighed heavy in Mark’s strategy.

Just my opinion.