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NioCorp Developments Ltd V.NB


Primary Symbol: NB

NioCorp Developments Ltd. is a mineral exploration company. The Company, through its subsidiary, Elk Creek Resources Corporation, is engaged in the acquisition, exploration, and development of mineral properties. The Company is developing a superalloy materials project namely the Elk Creek niobium/scandium/titanium property (the Elk Creek Project). The Elk Creek Project is located near Elk Creek, southeast Nebraska, the United States of America. The Company's Project is located approximately 75 kilometers (kms) southeast of Lincoln, Nebraska and 110 kms south of Omaha, Nebraska. The Property consists of 226-acre parcel of land owned along with eight option to purchase agreements (OTP) covering approximately 565 hectares (ha). The Company's Elk Creek Property is a niobium, scandium, and titanium exploration project. The Project includes the Elk Creek carbonatite (the carbonatite) that intruded older precambrian granitic and low to medium grade metamorphic basement rocks.


NDAQ:NB - Post by User

Bullboard Posts
Post by Raffi14on Mar 30, 2015 3:39pm
421 Views
Post# 23578247

PEA Delayed = Good News

PEA Delayed = Good NewsOk, so NOW I understand what is taking them so long. When Mr. Smith was on BNN 3 weeks ago (or so) he said that the PEA was coming out the following week. The key point here is that this delay should be VERY GOOD for us shareholders. The increase in multiple resources should be the gravy on top of the already anticipated robust PEA that should be coming out. Do I know the numbers? No, but what I can tell you is that "the word on the street" says that the numbers should be "good" on the low end and "spectacular" on the high end. Either way, Mr. Smith is continuing to display his astute business acumen as well as his ability to maximize shareholder value. It's too bad all CEO's are not like this. Anyhow, the PEA will be just another example of the "blue sky" potential this company has. Those who continue to hold with be handsomely rewarded. Cheers!
Bullboard Posts