Replies to post #124580 on Niocorp Developments Ltd (NB)

[PutzMueler]

You will have your opportunity to act soon, in a mines life!

I was watching the bid and ask this morning, and while it was rising and I was refreshing, a block of 57,000 shares was a wall at $6.48

I cursed a four letter word while it stood strong for a minute, before it was taken out and replace by a bid of 7000 shares @ $6.48

That’s no small change taking out 57,000 shares and leaving 7000 bid in its wake. Not piece meal either.
(All at once)

The SP topped out at $6.49 and slowly went back down to where the day started.


Just saying what I saw @ 8:17 am this morning.

[The_Gman]

Not overly concerned with dilution as that's what start-ups do and the current share count isn't unreasonable (even though some here say 1.2 billion would be better). There needs to be enough liquidity for active trading. Question is, what keeps the share price up (and climbing?) for another year (if it actually takes that long?)? If all the news about other operations coming online is accurate, how do we fare if Elk Creek is still just a "we think, probably, should" and still needs a lot of money?

The post was intended as a thought provoker.

Yes, I'd buy more at $1.30.

I'm not averse to a buy-out if the price is right.