Replies to post #106713 on Niocorp Developments Ltd (NB)

[Truth and Transparency]

Yes, short selling exists. The resulting Niocorp share price is not from short selling. Management is clearly to blame for their incompetence and failure to close a good equity deal. Then they had to pull convertible debt financing that is comparable too a pay day loan that desperate people take out to keep the lights on. The blame for this pathetic decline of the share price lies in Centennial, CO

FYI, never realized that was Kevin Bacon in Animal House until now. Best educational information I’ve seen on the board today, thanks 🤗

[AlwaysOptimistic]

Demo Man, according to this article, "the Halleck Creek site won't likely be able to begin operations for about five years, with mining fully ramping up to-scale in a few decades. "

I agree the wait for financing has been excruciatingly long and the SPAC merger brought little new investment but were on the right track now with Stellantis and EXIM financing on the way. Hoping 24 is the year that NioCorp gets fully financed and breaks ground. So far, the prospects look very good.

https://www.wyomingpublicmedia.org/open-spaces/2023-05-26/massive-rare-earth-discoveries-could-mean-a-new-mining-rush-in-the-mountain-west