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Niobay Metals Inc V.NBY

Alternate Symbol(s):  NBYCF

Niobay Metals Inc. is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties. It holds a 100% interest in the James Bay Niobium Project located 45 kilometers (KM) south of Moosonee, in the Moose Cree Traditional Territory of the James Bay Lowlands in Ontario. The Company also holds a 72.5% interest in the Crevier Niobium and Tantalum projects located in Quebec and on the Nitassinan territory of the Pekuakamiulnuatsh First Nation. The Company also has the option to acquire an 80% interest in the Foothills project, a titanium-phosphate project located near the former St-Urbain mine site in Quebec. The QTZ exploration project is northwest of its Crevier property and includes 257 mining claims. It holds interest in an Crevier niobium and tantalum project, located in Quebec, Canada. The Company’s wholly owned subsidiary is Crevier Minerals Inc.


TSXV:NBY - Post by User

Bullboard Posts
Post by vinoconundrumon Nov 25, 2008 10:16am
304 Views
Post# 15608534

cash

cashIt is becoming critically important that MDN get half their cash into gold bullion. Both US and CND $$$ are going to see serious devaluation, not to mention where to you put it that is safe. US bailouts can have only one outcome when it comes to cash. We should also be conserving working capital and not buying other projects at this time that will require commitment of work and reduction of cash reserves. By this time Marc and his team should have a work program establised for the projects we have and it would be nice to hear what that program consists of. No time to be getting distracted with new projects.
Bullboard Posts