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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 pierre013on Dec 18, 2009 8:58pm
632 Views
Post# 16603246

Serge Savard Chairman of the Board

Serge Savard Chairman of the BoardMr. Savard has been interviewed on Canoe TV in french. It is clear in his mind that MDN will try to get the Anita project on his rails. He talked about the nomination of a new CEO and they will try to get one asap. So a new page will be written in 2010. Patience is the name of the game.I see 2 things that can give shreholders value in 2010: the progress of the Anita project and the exploration of Isambara. For those who don't understand,it takes 7 to 10 years between a discovery and the first pour of gold. But the big money is often made between the two... and sooner than later. A good example: Nevsun: when they pubblished the report on reserves for their discovery in Erytrea, the stock went ballistic from 2 to 9 bucks inside 3 months to 4 months; it was in 2004. The mine will start in 2011 and the stock is still at 3 dollars. Same thing with Pangea and Tulawaka in 2000. Pangea went from under 2 bucks to 7 bucks inside a year. The mine started 5 years later in 2005.
So the years ahead can reward the patient shareholders.

Happy Holidays, Pierre013
Bullboard Posts