NioCorp Developments Ltd V.NB

Primary Symbol: NB

Metals & Mining Industrial Metals & Minerals

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.

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NioCorp Developments Ltd

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Post by apmgoldon Feb 23, 2016 2:33pm

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Post# 24586411

Scandium

Niocorp sure seems to own a great project that should pay big in the longer run, however if anyone is looking for a pure scandium play, now may be the time to take a serious look at SCY as SCY's DFS is currently underway, is fully funded and due for release before the end of March 2016. Just an fyi. SCY will probably increase (perhaps a lot) in the near term while NB goes lower or stays stagnant. May want to roll into SCY now then back to NB after the dilution and just prior to NB's DFS release.

In any event GLTA.

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