Replies to post #87213 on Niocorp Developments Ltd (NB)

[MaxzMillionz]

The S&P has averaged 14.5% annual return over the last 10 years, and at today’s price my overall NioCorp holdings have averaged a bit over 5% annual returns over the last 8 years. So yes, right now my Niocorp holdings would likely be well behind a financial investor average returns. To date the company has been a speculative OTC Jr Miner living private placement to private placement. Thankfully that has now changed and I am confident that NioCorp’s returns will far exceed the S&P returns through my holding period after funding and construction begins in earnest. I have a strong suspicion my NioCorp overall % will pass the S&P % long before the mine is in production, and will continue to outperform the S&P for the foreseeable future.

It may still take a couple of years, but NioCorp is headed for construction with a red-hot lineup of products, and the S&P is facing an economy that is likely headed for a recession.

I think I can see the last laugh on the horizon.

[Big-Picture]

I understand. If I had thee crystal ball I'd be rolling in cash. I was asked years ago to invest in a startup company trying to establish a bunch of towers to transmit a telephone call from your car to another car while on the move. I thought, yeah right, no way would anyone invest in a risky biz venture like that. (Start of cell phone technology and we know how that failed, lol) If I dumped my shares today and looked at my profit and annualized it over the 10 years then clearly I made a bad decision to park money here. I get it, but it's the way he asked it? Tone and texture irked me and I can't unhear that.