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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
Comment by vinoconundrumon Dec 18, 2008 6:40pm
283 Views
Post# 15655691

RE: RE: DAMAGE CONTROL

RE: RE: DAMAGE CONTROLAdding another director may not be a bad thing, what is more important is, "What kind of a track record did this guy have with the other firms"? Also important that MDN does not get fished into his X firm as an investment vehicle and I hope they haven't already. Could just end up being another GBS let down. Time will tell but will we have lost more moeny via the experience or will the SP have gone up. At least we finally got some news, thats more than we have had for a few weeks. As you can see it didn't do anything for the stock today so I would guess his addition to the team isn't great news.  If we have 20M I believe we should still have most of it in bullion until we need it. As dollars or funds its just loosing value daily. Can't print GOLD. Lower operating costs in 2009 should offset lower production.
Bullboard Posts