InvestorsHub Logo

AlwaysOptimistic

05/02/23 8:33 AM

#94897 RE: frank2you #94896

frank2you, here are some good articles on the subject

First is “How to Build a Mine” from MINING.COM

From the article, “Mines are made not found” is a good start to “How to Build a Mine”.

https://www.mining.com/web/how-to-build-a-mine/

Another is from the Massachusetts Institute of Technology (MIY) titled Opening New Mines, The Process of Mining REEs and other Strategic Elements

https://web.mit.edu/12.000/www/m2016/finalwebsite/solutions/newmines.html

This 3rd article is from THE WALL STREET JOURNAL titled Permits Drag on U.S. Mining Projects
With an Average Wait Time of Seven Years, Companies Look Elsewhere for Needed Metals, Minerals

https://www.wsj.com/articles/SB10001424052748703822404575019123766644644
Bullish
Bullish

Truth and Transparency

05/02/23 8:39 AM

#94898 RE: frank2you #94896

It’s actually been 10 years since Mark came to Niocorp. February 25, 2013 to be exact, so it’s been 10 years. 10 years of leadership that’s gotten us millions of dollars spent on salaries, millions of dollars in drilling, millions spent on engineering, millions of dollars on 3 (yes 3 bankable feasibility studies). We are rewarded with all those years of support and waiting with a 1 for 10 reverse split that netted shareholders NOTHING, ZILCH, NADDA. What is even more appalling is they award the mastermind of the 1 for 10 split, Dean Kehler, with a director position and more shares than our “leader” Mark Smith. The next shareholder’s meeting shall be interesting.

Many people on the board were proclaiming “Hey, we got hosed on the SPAC deal, but at least we’re on NASDAQ.” Well, that isn’t working as planned!!!