Replies to post #94258 on Niocorp Developments Ltd (NB)

[Dead On Arrival]

Results of the SPAC merger:

1) 5.5% of the total amount of funds brought on by GXII.

2)Insiders in GXII make a killing in the ten's of millions and grab two coveted board seats by doing nothing except hand NIocorp an expiring NAS blank check company.

3)Shareholders lose 90% of their shares that some had held for over 12-13 years.

4) Institutions have avoided the stock so far because of uncertainty in valuing certain of the parts (scandium ) and a severe lack of liquidity. Did anyone thing Kehler would provide support to the share price once we uplisted.

5) The company now has less money than before the merger. Advocate was right whewn he said a few fists might have crashed thru the walls at corporate. No one expected such a feeble response to capital access. That was a real slap in the face.

The key going forward is a FS with legs and institutional participation. However the tutes will do it on their terms. EX-IM is the elephant in the room down the road.

[Dead On Arrival]

I just calculated that GXII insiders hold more stock than the entire BOD of Niocorp. Bet that makes them feel all fuzzy inside. How the hell could this ever happen.