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Niobay Metals Inc V.NBY

Alternate Symbol(s):  NBYCF

Niobay Metals Inc. is a Canada-based mining company. The Company is primarily engaged in the acquisition and exploration of mineral properties. The Company holds a 100% interest in the James Bay niobium property (the James Bay Project) located in northern Ontario, Canada and holds, through its subsidiary Crevier Minerals Inc. (CMI), the Crevier niobium and tantalum project, located in Quebec, Canada. The James Bay property is located on the traditional land of the Moose Crees, in a Treaty nine area, east of Carroll Township, in the District of Cochrane and 45 kilometers (km) south of the Municipality of Moosonee, Province of Ontario, Canada. The property includes the Crown Mining Lease (#CLM11) and covers a total of 2,530 hectares. The Crevier project is located in the township of Crevier 50 km north of Girardville, in the Lac Saint-Jean region, province of Quebec, Canada.


TSXV:NBY - Post by User

Bullboard Posts
Comment by vinoconundrumon Dec 28, 2007 5:22pm
113 Views
Post# 14130837

concern

concernthere do not seem to be posters here that show any concern over the dismal performance of this stock. Gold goes up 20 bucks in the past two days, ABX & G go up 2.5 & 1.4 and MDN sits there like a dead stump. No volume, no interest. you would think the insiders here would know that the longer you let a stock languish the tougher it is to gain interest. its not a case of them pumping it its just a case of taking enough interest to hold it firm, especially in an environment were it should be going up. No tax loss excuses now. my guess is that we have a bomb hiding in this company that they are not letting us know about. however, because they know about it they are not about to commit any of their money. I really thought we had a winner here. after todays performance I can see that was wishful thinking. i have had this for a awhile but I am now missing out on to many good plays to hang around. besides that we have diluted from 87 to 123 mil shares in the past year so a return on your money unless your getting a bunch of cheap insider options will be harder to acheive. <40% which pretty much reflects the present stock value from its high. if you ever get a chance to get 1.25 take it and run like hell. best in 2008 its looks like you are going to need all the luck you can find if your stay on board with this one. a week ago it actually looked like there was hope.
Bullboard Posts