Replies to post #50996 on Niocorp Developments Ltd (NB)

[ANTLER]

Agreed!

[PutzMueler]

Didn’t we conclude a while back it must be stringent KYC Regulations?

http://www.fintrac-canafe.gc.ca/re-ed/fin-eng.asp

There must be clients, to have a need to enforce KYC regulations

[Advocate77]

That’s the point.
Management rightfully praise themselves that they have done this before and know how it works and also know it always takes longer than anticipated.

Yet they still chose to publicly announce that financing should have been done and dusted more than 15 months ago. It’s absurd to assume that KYC is responsible. If there really was a deal around the corner nearly two years ago (and I assume it was cause they wouldn’t lie to us), the most plausible explanation imho is that this potential deal evaporated into thin air and they had to start from scratch