Everybody is entitled to their opinion but their are regulations and processes that all companies have to follow. No company can just claim mineral reserves or a certain ROI on mineral extraction and sale. NioCorp has to prove it and banks will send in their own independent geologists and economists to verify the work and economics that NioCorp's independent research companies perform. You may not like the process but that is the process and its all governed by govt regulation and bank policy.
I agree that the recent PR was just noise and I was kind of disappointed after reading it.
Here are several questions the came to mind after their latest PR:
1. Why did Niocorp cancel two investment opportunities for that REE information release? 2. Why didn't management not look at the economic viability when they were deciding which elements to focus on?
By doing #2 they could determine the most economical REEs as well as the ones they would need to get investors excited about the funding the project. At worst, the data would already be available if and when additional REEs became more valuable.
I've been holding well over 150,000 shares since Niocorp was Quantum Rear Earth and I'm hoping management has a major success soon! But I've been hoping for 10 years now....
I did feel a little let down at their latest PR release as I thought my hope would turn to happiness.
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