Replies to post #100926 on Niocorp Developments Ltd (NB)

[PutzMueler]

C$.52 we arrived eom

Yes you should have listened to your wife, when she told you you were in too deep.

[Dead On Arrival]

Mark is an honorable man. He thought that Niocorp had a willing partner with an overseas lender that so far has not panned out. His capital is spread over three companies and maybe decided that the best route for Niocorp was going the institutional way. The intermediary stuck Niocorp with GX and the results have not panned out. The amount of capital brought into the coffers was not what they expected and that brought in Yorkville. You see where that took us. You get a better deal with loan sharks.

Whoever advised Niocorp to accept this deal should never do business with them again. As far as pricing, who knows. Just have to wait and see what news is on the horizon. The further this drags on will not be pretty for big shareholders. No one expected the carnage we have seen since the merger. I cannot imagine them doing another r/s to get the price up again. That would take any price potential down the gutter for many here. You might want to consult Putz as he is our chart man. I am guessing 2.5 to 2.75 on the low end but that is all conjecture. A great FS and then we could see a blastoff.

The damage has been done with the r/s.