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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 Jan 13, 2008 4:01pm
202 Views
Post# 14195302

RE: concern remains

RE: concern remainsPlease read my post again. I didn't say they where, I asked if there was any chance there could be, due to the poor performance of the stock. Something is underlying this stock that has investors spooked. All I'm trying to do is find out if there are reasons for it. Look at what we know about this company and tell me there is a reason it should be below 2 bucks. There is nothing on the surface to support this low price. Its a simple observation. The year end selling excuse is gone, insiders have been doing some buying in the form of obtaining their options, there are no shorts to speak of, POG is at a record highs, Tanzania is as good as any place to invest, there is nothing but inflation ahead of us, the US dollar has no where to go but down (soon to be followed by the pound), we have a producer, we have excellent ground, yet we have no trouble finding sellers at less than a buck. I am looking at the facts and asking the question, "why"? As a major shareholder the last thing I want to do is slam this company. I do not believe in blind faith and at this point when I add up all the logical plus signs and the sum = the stock price being down we should all be asking why. Asking head office isn't going to give me anything but company line, I am looking for logical reasons that do not follow company "speak".
Bullboard Posts