Replies to post #58077 on Niocorp Developments Ltd (NB)

[AlwaysOptimistic]

The tax credit is final. Even Bologna knows that. Funny how you both share the same name.

[tedro84]

Bloomberg reiterates their long shot comment. I’d laugh if the state and so many investors didn’t have so much at stake. They referenced the “disgruntled former Molycorp investor.” Talk about the “substantial doubt” inclusion in the 10-K. A comment from a professor on scandium. (Side note I need to look him up. He may have been the one that made me aware of elk creek 20 years ago). All of this plus suspicious activity with the state government.

Unfortunately for shareholders, Sims refused to comment on the article.

[ge11]

Does anyone know if this is the Bloomberg reporter that was at the annual meeting. I asked Jim Sims a couple weeks after the annual meeting if he knew if Bloomberg was going to come with a report. He said the reporter had been asking them questions off and on for the two weeks after the meeting, but did not know if they were going to come with a report and if they did, he did not know what they were going to report on. Jim's answer to me, gave me the feeling that he was kind of skeptical of the reporter. JMO

[HkWagner]

Man not good coverage for this company. Very scary times. This thing might never come to fruition when you start diving into the real nuts and bolts of this thing.

[Magnoliavoice]

The article author, Bologna (or is that Baloney) doesn't seem to even understand that this statement is boiler plate even for the likes of Microsoft. Sounds bleak to the uninformed.

"In filings with the Securities and Exchange Commission the company stated it had not yet broken ground and the proposed mine “may not be commercially successful.” NioCorp, which trades on three exchanges as an over-the-counter security, also warned shareholders “you could lose all or part of your investment.”


Also, this quote reads of unprofessional and personal bias, even if the guy didn't own Molycorp shares perhaps his mom or brother did! In his report, Ecclestone states one obstacle to project success,

"Prominent former REE developer in management may be more of a hindrance than a help for strategic/institutional investors’ perceptions"


For years, I always thought this guy isn't the sharpest knife in the drawer when it comes to evaluating rare earth companies. He, for example, probably is sour about past positive calls on Molycorp, such as in this 2012 call:

"Hallgarten & Company specialises in analysis of the global resource sector. Hallgarten had already culled its REE focus down to those companies which “might survive”, and now the analysts have gone a step further and are focusing on those they believe “will survive”. From 200 companies, they are now left with five – Molycorp, Lynas, Ucore, Great Western and Northern Minerals." Molycorp is out of business and likewise Great Western. Not a very quality call!

[walterc]

When the Financing is done Hallgarten can throw the report in the waste bin. I hope the guy is short. He will lose his shorts..

[PutzMueler]

You and Tedro please me to no end. Thanks.

Yes, in my opinion that first link regarding tax issues in Nebraska is great publicity, especially when the news is going to show America that we have a niobium scandium titanium mine in Nebraska. And when the controversy is over very shortly all those people will be jumping in.

Now as far as HallGarten goes, what a joke that is, because all you have to do is read a few of their past jokes, and see that out of the five mentioned scandium plays they tossed NioCorp out right away, but only because it is a “niobium play with scandium credits.“ And their thought is CBMM is going to spank us.

Now for their choice out of the rest because they discard each and every one except for SCY,.
An 8 cent stock with over 300 million shares outstanding right now, and the main reason they place it in high rewards and that they put in their portfolio is Nyngan mine, which has limits placed on them by the Australian government as to how often they may mine for their 18 year mine.

I don’t want to embellish your post anymore than I already have, because along with HALLGARTEN, it belongs in the turd bin without prejudice.

Regards and thanks again for the free national media promotion.