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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 Dec 11, 2008 9:59am
191 Views
Post# 15639791

investments

investmentspaying a dividend is a waste of exploration capital.  buying into projects that only have 10k  to 30k ounces is even a bigger waste of capital unless there is serious exploration protential, we already have lots of that.

As I have already stressed, buying gold is a safe place for dollars until they need it for exploration. Leaving it in anything paper related - cash - funds - bonds etc is a sure way to lose a lot of it. Buy gold COMEX and take delivery.  Sell portions as the cash is needed.
Bullboard Posts