InvestorsHub Logo
icon url

Dead On Arrival

04/27/23 10:21 AM

#94599 RE: Truth and Transparency #94597

The ink was not even dry on the GXII merger and Niocorp had to raise money 30% lower a month later. Bet the shareholders of GX are thrilled. As I said before, the tutes will name their price to get in on the action. Niocorp was crushed by the small amount of money invested in the merger. EXIM funding is huge down the road. I am not sure what the dynamics are but they have big partners in Boeing and Freeport Mac.. No question that the country needs a domestic mine and Nio fits the bill. How long will it take before a decision is made is anyone's guess.
icon url

NioTurd

04/27/23 10:58 AM

#94601 RE: Truth and Transparency #94597

I know it doesn't feel fair but look at it this way
The most important thing at the moment is to find capital.
The faster and more capital can be found,
the faster that construction can start.
As it is therefore necessary to make deals, that are not completely fair, then so be it.
But rest assured: now that an institutional investor has found its way into the company.
There will likely be following more institutional investors in it's path,
The stock price will rise again.
Bullish
Bullish