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SagittariusA

08/05/19 7:00 AM

#51601 RE: suerte88 #51600

Why should the share price drop when this significant milestone is reached?

I'd rather assume that potential investors consider this event as a strong sign that the mine is going to be build no matter what. Why should they wait 1.5 years to get in. I don't consider the timeframe of 1.5 years as too long to speak about a timeframe where the money is not working for the investors. Sure they don't participate on the profit of the mine immediately but on the other hand they risk losing a large potion of the coming performance.

I think it is more realistic to see a strong increase in share price after financing news which is then followed by some consolidation at a level still well above the current one.
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monocle

08/05/19 7:50 AM

#51602 RE: suerte88 #51600

"sell the news" is what we saw with excelsior, is that why you predict the same for niocorp? The market saw financing as basically a foregone conclusion as evidenced by the ramp up in price before it was announced. The market doesn't seem to like Mark's chances of getting an investor friendly package done. When he does I expect to see a nice little pop in price. Not $5 good though, I'd be extremely happy with $1.50 U.S. in the months after financing is announced.
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Spunkmeyer

08/05/19 11:20 AM

#51605 RE: suerte88 #51600

A forecast is very difficult, we will see where the share price before or after the financing commitment moves.

According to experience, the former should rise before and then fall again (sell on good news), but then keep his level.

I think we can only be surprised, but I do not think that the stock price goes through the ceiling, so much higher than 1-2 dollars (only my opinion).

I'm very curious what happens when the sales pressure of lind foreseeably diminishes.

Possibly then a positive constellation ..... no more pressure and then still buying interest because of the financing commitment. It can only get better.

GLTA.