Replies to post #68281 on Niocorp Developments Ltd (NB)

[Lard]

I don't think it's tax loss selling buying back.
In Canada, you have to wait 30 days until buying your stock back.
Anybody who sold after december 5th will have its tax loss deduction claim refused.

Lard

[AlwaysOptimistic]

I just compared this same period last year also coming off of tax selling (with a 30 day wait). We were at .60, now.67. So, we are up 10% over last year. There appears to new investors out there other than the regular crowd unless existing investors are increasing their position or maybe its a combination of new and old investors. I'm hoping these are new investors who know something we don't.

A cautionary note on those who sold last quarter for a tax loss, if NioCorp goes up and you sell recently purchased shares and have not held them having held them for more than 12 months, you will be taxed on short term capita; gains which is very steep.

"Most people who hold their investments over a year will pay a 15% tax on their capital gains. In 2021, the IRS expanded the income ranges for each tax rate which will allow more people to enjoy the 0% and 15% tax brackets."