Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 freedom100on Apr 04, 2009 12:17pm
351 Views
Post# 15896906

RE: gimmie the $..no share buy back

RE: gimmie the $..no share buy backGiving 10 cents to the share holders does nothing for the long term success of this company. Buyback supports the stock, it is not a money give away so they can put that stock back into the market to raise money if required without dilution from here. It would likely go back into the market at a higher price. Buyback is the next best thing to investing in gold itself. What matters is that they retain enough cash to do the work they must to develope some new reserves or find a boomer. Ikungu has boomer potential but developing some reserves close to the present Tulawaka plant may have quicker payback. It doesn't have to be big.  I hope they plan on working both areas this season. To me 10 cents is $40K and I would rather see the buyback add 20 cents on the SP. I'm in for the long haul.  As frustrated as I get sometimes I still believe in this company.  This is Marc's year and if management gives him the tools ($$$) and the freedom we could see $1.50 in the SP by September.
Bullboard Posts