Replies to post #87204 on Niocorp Developments Ltd (NB)

[MaxzMillionz]

Hi Jeunke,

I share your experience. I always hesitate to mention NioCorp to any financial professional. Historically, Jr Mining stocks have been notorious for never achieving financing. Too often, if they did find sufficient funding without extreme dilution, the production results were not as projected and therefore seen as very high risk. Penny stocks (<$5) are also perceived as very high risk, and most organizations will not allow investing in a penny stock.

I'm excited to see NioCorp, with hopefully upwards of $300M secured, Institutional Investors onboard, a Nasdaq uplisting, and a $10 share price. I am also hopeful these new factors will give the company the credibility to pitch its proven orebody, processing capabilities, and the demand for its critical minerals to other institutions.

I'm looking forward to 2023.