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tedro84

12/07/19 7:02 PM

#794 RE: rubberworm #793

This is a good post. Most of us are not hear to trade, we are here to invest. NB certainly presented a nice trading opportunity this past fall. I definitely could have timed my initial CLQ purchase better, but my average entry is at a price I’m happy with. CLQ is poised for a good trade now. Point is that as an investor I’m looking for a junior miner that will go into production. CLQ has a high likelihood of making it there. NB isn’t going to get there by swindling retailers so they are dependent on government funds. Ironically the Aussie miners have more US government interest than Niocorp. NB has less than a 1% chance of achieving financing for Elk Creek. CLQ (sunrise) is likely over 75%. Not bad odds at these prices.