As I have said previously, and much like Advocate, I also believe this is back to the .60s (USD) within the next month unless some financing news is announced.
It is the unfortunate truth of the matter since I want nothing more than the opposite, as NIOBF is my largest position, but it is the reality of the situation.
I did not get warm and fuzzy like most of you from the recent PR. It seemed to me like a desperate attempt to make Niocorp seem more attractive based upon the recent REE focus within the media. Again, I hope I'm wrong and it's noteworthy news, but I can't imagine the cost of processing the REEs is now all of a sudden significantly less expensive and more profitable. It seemed like a PR to try and make the viability of the mine more attractive, and that is what worries me since it shouldn't matter if financing is on its way and close to being locked up.
I'm furstrated like a lot of you, but I will say I still have faith in the management, which is why I have a "untouchable" number of shares that will fly or crash with the fate of this stock.
Good luck to all!
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