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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 14, 2008 11:31am
186 Views
Post# 14198275

RE: Ridiculous!!

RE: Ridiculous!!What do you think of the idea that GBS gave us a short term perk but now we are hobbled by their debt? In fact some of the selling may be coming from persons that were GBS followers and were buying when they got involved with MDN but are now getting out. If so I think they are selling the wrong company. I agree that management here has to take a huge chunk of the blame for this stocks performance. As I outlined in previous posts when you add everything up that we can see, the POG blasts over 910 and this thing sits like a stone. The company has run out of excuses. I can only surmise that we have skeketons in our closet that they are keeping from us. All we need to hear now would be that management is going to give themselves a bunch of options at something below $1.50 and that would really tie a can to this thing. Could the low price be a set up for that? I don't know, but I do think something smells here. Still looking for answers and all I am getting are reasons why this company is great. Proof is in the stock price and there are obviously a lot of people that have stock that are not convinced, WHY? I thought MDN also contracted some company to work on investor relations and improve visual company profile. I haven't seen or heard a thing from them, has anyone?
Bullboard Posts