Niobay Metals Inc V.NBY

Alternate Symbol(s): NBYCF

Metals & Mining Industrial Metals & Minerals

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.

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Niobay Metals Inc

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Comment by vinoconundrumon Jan 27, 2009 9:59pm

242 Views

Post# 15732360

RE: RE: RE: MDN's Tulawaka mine produces 211,373 o

I love these results. For a transition from OP to UG this is amazing. Be nice if it did something for the share value however.
yvaan, where did you get the 15 year number you mention in your post. Are those proven or probable reserves at present mill tonnage or are you hoping? Do you know whar the vein structure looks like as we go to depth. Are they getting wider, staying the same or narrowing, or do we know any of that from the operator?
I am surprised we didn't see a bit of a move in this stock today. Volume actually tanked even further. I look forward to seeing what our cash position is, I guess we should see those numbers within the next couple weeks.
Nice to see gold holding steady in the $1105 range.

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