Replies to post #1515 on Niocorp Developments Ltd (NB)

[The Rainmaker]

Why would they throw away $750,000 of their own money if the deal fell through. That makes no sense and based on the info we have the opposite is actually true. Especially when we got these two quotes from them.

We are very encouraged by the reaction to our capital raising news of September 23, 2013, providing the confidence level to enable entering into this contract," stated NioCorp President, Peter Dickie.

A representative from Niocorp confirmed they are still seeking the additional $9 million, and expect to close the balance of the financing in the near term

[inversor86]

Don't worry Tony. Think about it. Investors field trip, Smith doubled his stake in the PP, PR solidifying his purchase as a closed deal. This is a nice tactic to show the PP investors that the commitment level is high. To me this says Smith isn't just investing with you, he's investing with or without you. That's a huge vote of confidence for us.

As was already stated the visit to the site is the last step in investor due diligence. I bet it is more of a day for pens to hit paper because you can do a damn site tour on Google Earth in about 15 minutes.