NioCorp Developments Ltd (NB) News

Isn’t that what a good CEO does?

I can’t wait to feel good one day.
I know it’s coming.

Go NioCorp Go

https://www.mining.com/chinas-metal-dominance/

https://www.mining.com/chinas-metal-dominance/

My point is that we need to use current favorable market sentiment to reinvigorate enthusiasm for the project. If not now , it will indeed be difficult to find another moment of time. Whether the current government puts it right or Trump or Musk, I don’t mind as long as we get this share price moving back up now that all stars seem aligned nicely and we finally could get this strategically important and profitable project off the ground.
Maybe time to ‘ re-invent’ ourselves a bit and get away from our cynicism and try to look forward again! I know it’s difficult, but try!

Damn gaps, we have another from Friday

The last 4 days with good volume.

Day 1 was a strong green with strong volume.
Day 2 was a bigger drop with 1/2 million traded, (puzzling)
Those two days created a Bearish Engulfing Pattern
But the very next day 3, there was indecision in a Strong selloff to close the previous day's Gap with a low before rallying and closing the day higher with a Green Hammer Candlestick (bullish)
The last day 4m Friday Gapped 1 cent on the open and rose to $1.70 to close the day! (bullish) if not for everything else! (gap) (bearish engulfing) etc.

That's a tough one to figure. (tax selling strategy)??? (Or to accumulate at Tax selling season)???

use 3 or 6 month, daily candlestick

https://money.tmx.com/en/advanced-chart/NB:US

OHLC courtesy of danieldeubank
https://stockcharts.com/sc3/ui/?s=NB

Credit to Chico for posting on Reddit

#NioCorp Developments #NB #STLA #Niobium #Scandium #titanium #rareearth #neodymium #dysprosium #terbium #praseodymium #ElkCreek #EV #electricvehicle #mining #miningnews #spacex #EXIM #Nanoscale #CreativeEngineers

We need a ‘Manhattan Project’ to beat China in the new war over rare-earth minerals

https://nypost.com/2024/12/08/opinion/we-need-a-manhattan-project-to-beat-china-in-the-war-over-rare-earth-minerals/

Oh I know you don't agree. You were certain this was going to take off years ago also. I hope you are right this time. I always hope walter is right this time. We can both see the news and shareprice. 2025 will tell if this orebody is actually wanted by anyone. This big bump on Friday makes people anxious.

Its a shame we got this close to WWIII without tapping this orebody for materials, if its as great as people think. Its really bad that price points of materials is a factor of if and when the US government decides to acquire things they need so badly.

Right, the tides get turning

The world gets more and more crazy 

Syria and others.... 

America needs his own strength 

Marketcap is funny..... Due to the shortseller and tax season 

2025 is getting closer😳😳😳

Don’t agree. “ The sky is dropping on the USA” and you call that ‘ no substantial news’ , Not for us ‘ long time’ Niocorp investors, but I know a few strategic US industries where panic has reached the boardroom. Think EV car companies, semi conductor ( chip) companies, the limited stock piles of critical defense ( weaponry) industries just to name a few. What everyone had been fearing, is now a painful reality. Rare Earth, US rare earth processing are now critical since there isn’t enough around. I am sure someone is going to be held politically responsible to address the issue asap.

Game on to back under 2.00 if there is no substantial news. The whole sector is goosed by the chatter between governments. No substantial news will mean red once that dies down. Hopefully the arguing will scare up some funding.

https://robertbryce.substack.com/p/china-runs-the-table?utm_campaign=email-post-title&utm_medium=email

Let’s get above that 200 again and it’s game on

Niocorp closed Friday Dec 6, 2024 above the 50 day moving average

https://stockcharts.com/sc3/ui/?s=NB

Given the geo political circumstances and the effect on defense, car and battery production, as well as semi conductor/chip production and the the positive effects and supply chain benefits for the US economy and US defense, you would think the government would hasten to give a simple debt guarantee for any debt provider to the very profitable Niocorp project. Seems a no brainer. Probably too simple thinking.

Well it sure looks like a breakout to me! (daily)

1 year daily and weekly line chart
Breakout on the daily line chart and the weekly line chart is right on the down trend line.

https://money.tmx.com/en/advanced-chart/NB:US

Positive chart, but still technical weekly resistance. IMO

NC, I also believe in global trade but not in its present form. The US imports way more than we export. Unless you consider shipping our jobs overseas as an export. No wonder our govt is trillions in debt. Imbalanced trade, exporting jobs and wasteful spending. We need more Americans working to raise more taxes, reduce wasteful govt spending, reduce the deficit and promote World peace through negotiation. That’s where I stand on these issues.

NC, I also believe in global trade but not in its present form. The US imports way more than we export. Unless you consider shipping our jobs overseas as an export. No wonder our govt is trillions in debt. Imbalanced trade, exporting jobs and wasteful spending. We need more Americans working so it raises more taxes, reduce wasteful govt spending, reduce the deficit and promote World peace through negotiation. That’s where I stand on these issues. EOM

Bush…

hope it holds for Monday

NioCorp is a Canadian company that owns the rights to a lot of minerals.
Critical minerals
Critical to the USA
(in the heartland of the United States)

It doesn’t matter if it’s a Canadian company or a Japanese company just like in the manufacturing infrastructure you’re talking about for US steel.
Nobody’s going to pick it up and take it to Japan.
They are buying the company.
So unless they are going to create weapons with the steel to use against the USA, instead of automobiles for Americans to build and drive, I don’t see a problem.

I’m sure there’s no hidden Steel making secrets at US steel that aren’t already well known throughout the world of steelmaking.
The infrastructure is in America and around the world I’m sure.
The jobs are in America, and the money to purchase the company will also now be in America and can be used to create more important US infrastructure.

I’m sure $15 billion could go along way in researching artificial intelligence or how to get Uranium left overs from NIMBY, to the Sun for disposal among other going concerns of the future.

Of course I’m not disputing that there are cases where some things should be held close to the chest, but they have to be of extreme importance and critical to the welfare of the United States of America

In that vein of concern, my thoughts go to the creation of the Internet.

I guess common sense needs to find me.
JMO

NorCal, we are on the same page. If Putzmueler responded to my post, I have not read it or maybe don't want to because this issue of selling off assets to other countries and shipping jobs overseas is completely out of control and not worth debating. At the pace and manner in which this country is being picked apart by other countries and sold off and jobs leaving, this situation will at some point become unmanageable and the US leveraged both economically and militarily. Our representatives first priority is to serve the interests of its own citizens then help other countries if our govt has the means. Not the other way around. We'd be more helpful to the rest of the World if we could get our house in order. That does not mean I am in favor of isolationist policies. I still think we should and can help poor and emerging countries where necessary. (ie: famine, disease, job skills and training) but lets not forget that there are a lot of US citizens that also need help with addiction and starvation and in need of education, job skills and training and jobs. Why is it that American citizens get placed last on the list? Makes no sense but hopefully that will all turn around so we can be a better shining example for the rest of the World of self sufficiency.

AO- Agree 100,000% of course we do not want to be auctioning off our industrial infrastructure!! this does not require a great deal of thought.... mostly common sense. Are we going to be selling off our national security in the form of military base sales? we've already had our manufacturing /industrial base gutted and lost so much to other countries that play by a whole different set of rules, i.e. their govt subsidizing their industries, think China dessimating many of our industries thru their state owned 'private industry' in addition to stealing over $600B /Yr. in intellectual property. We can NOT get an adult into the oval office fast enough to stop the exodus of jobs/industries from our country, in short OF COURSE WE DO NOT WANT TO SELL OUR MANUFACTURING BASE INFRASTRUCTURE ( and steel/iron, critical building raw materials would be a the top of that list! IN the event of war or the necessity to ramp up defense assets we need all the steel/iron etc.. without being beholden to other countries.... this argument isnt even close IMHO, and when is the last time you saw the US buying national infrastructure assets in China? or Japan? or anywhere else? We may have been compromised by our leaders (in their dealings with China and other countries in the past) but with new blood in the WH we better hope that we are not beholden to these countries and that the administration focuses on what is good for the American people, lord knows that the US has done more than it's share of good around the world, with rebuilding most of the world following WW2, and financing China's rebuild in the last 25 yrs. thru unfair tarrifs, now, forgive the US if we want to focus on our own country for awhile, at least until we get things back in shape..... all IMO

NCT

For $1000, Alex

Food for thought
How does Japan feel about it?

The question being asked in Japan is: why are we, America’s closest strategic ally in Asia, being treated like China, America’s greatest strategic competitor?

https://usali.org/usali-perspectives-blog/why-blocking-the-nippon-steel-deal-may-seriously-harm-us-japan-relations

Nice to see one of our NioCorp Board members, Nilsa Guerrero-Mahon, as a new member of the Nasdaq Center for Board Excellence.

Nice finish to the week. EOM

I promise I won’t look at the past lol


History is over and the future has more history to make.

Current Admin could make a directive to stop the purchase if they wanted. If there's a will, there's a way. Has nothing to do with politics but everything to do with leadership and what's best for American workers and American prosperity. I'm sure you feel the same sentiment for Canada's prosperity. I'm not pro Dem or pro Repub. Just pro American. If I lived in Canada, I would be pro Canada but I don't, I live in America and Im rooting for the home team and whoever is most qualified to bring more jobs back to the US, lower interest rates, reduce the national debt. I am also in favor of NioCorp retaining domestic ownership and have expressed my sentiments to management many years ago on that point. EOM

And now for something completely different

This is interesting with 10 minutes to go.

LAST PRICE
1.6600

Bid / Lots
1.6500/ 30,618
Ask / Lots
1.6900/ 200
Open / Previous Close
1.4700 / 1.4500

NioCorp Developments Ltd. (NB)

Follow
Compare
1.6700
+0.2200
(+15.1724%)
As of 3:04:37 PM EST. Market Open.
Over 300K shares traded

Today people are willing to pay $0.20 for NIOBW, I wonder how high would it be the day if ExIm loan is approved?

Didn’t we have Japanese visitors to the site last year?

The Tokyo-based company remains optimistic, although the deal is opposed by President-elect Donald Trump, President Joe Biden and American steelworkers.

https://www.independent.co.uk/news/ap-japan-donald-trump-joe-biden-southeast-asia-b2659986.html

If it goes through then obviously it’s not in the control of the administration.

I wish we could get over the politics. The election is over. American companies Dubai Japanese companies among other nations as well.

I still like your optimism 

They are pushing hard for this deal because it will make a lot of money for Nippon. If the current administration allows this to happen then it just proves that we need a change. Can you imagine a US company taking over Nippon Steel in Japan? Their govt would never ever allow it.

Still at replying to him.

Nice to see NioCorp up $ .20 and MP down $ .20

Nice change.
Friday rise with expectations of Monday surprise.
Bodes well for the weekly chart.

Still at what? I just posted a current article from that very morning out of London which specifically mentioned NioCorp and its Elk Creek Super Alloys Project, along with several other companies, e.g. Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), Raytheon Technologies (NYSE: RTX), Huntington Ingalls Industries (NYSE: HII). SMFH

World’s 1st XNO-powered EV charges 100% in 10 mins in niobium battery breakthrough

https://www.yahoo.com/news/world-1st-xno-powered-ev-175251651.html

Google Generative AI response to inquiry on US battery component mining niobium
The United States is developing a niobium mine and processing facility in Nebraska, which could be the only one in the country. The Elk Creek project has secured construction permits and contracted for 75% of its ferroniobium production. A feasibility study projected that the facility could produce 7,350 tons of ferroniobium per year for 38 years.

Niobium is a critical mineral that can be used in batteries to make them safer, more efficient, and longer lasting:

Safer
Niobium oxide in the anode of lithium-ion batteries hosts lithium at a stable voltage, making them safer to operate.

More efficient
Niobium's open crystalline structure allows for a full recharge in less than 10 minutes.

Longer lasting
Niobium-containing batteries have a longer lifespan than traditional batteries.

Ideal for mining trucks
Niobium-bearing batteries are ideal for mining trucks that need a long-life battery pack and can't stop for a long time to charge.

The Inflation Reduction Act incentivizes the domestic production of critical minerals, including niobium, for renewable energy generation, storage, and related manufacturing.

I meet twice a year with my tax advisor (CPA). Once about now, for year end positioning, and then for tax season. I’ve found that to be worthwhile.

https://finance.yahoo.com/news/nippon-steel-committed-u-steel-170236330.html

Still at it I see, doubt many are falling for it anymore…

Spot on post…

You are 1000% correct. Boy did management as well as the Nioturd Pump Clown Crew do a number on investors here!!!

I'm sure you have a good tax guy for that. Hope its not a wash. I shoulda sold in march of 23 and bought... something else than this. Oh well here I am.🤪

I'm not a lawyer, and my presence here clearly indicates I'm not a savvy investor, but this link suggests NB and NIOBW would not meet the criteria of "substantially similar" securities to trigger the Wash Rule.

https://www.taxnotes.com/research/federal/irs-guidance/revenue-rulings/rev-rul-56-406/d1hk

If the warrant may be exercised only upon the payment of a substantial consideration, it may be true that a stock purchase warrant is not substantially identical with the stock of the issuing corporation.
I would argue the exercise price of NIOBW meets this standard.

In my scenario, I sold 3000 shares of NB and took a $25,000 loss (ouch!). I used $4,000 of the proceeds to buy 30,000 NIOBW warrants.

If this is a wash sale, does it erase all $25,000 as a tax loss or that amount less the $4k?

Yes, I have a tax guy, but I won't see him for a few months. Just curious here if I screwed the proverbial pooch by buying those warrants.

Lower Gap closed. The game is on!

((The game in my head))

Yes it does. Thanks for the DD

This includes, for example, warrants, convertible preferred stock and options contracts. It is not clear, however, whether the rule covers some common financial instruments, such as equity swaps. So, you must work closely with your tax advisor to confirm whether or not a particular transaction may give rise to a wash sale.

looks like it.

https://www.jpmorgan.com/insights/wealth-planning/taxes/for-your-year-end-tax-planning-beware-the-wash-sale-rule#:~:text=The%20wash%20sale%20rule%20applies%20to%20transactions%20in%20stock%20or,preferred%20stock%20and%20options%20contracts.