NioCorp Developments Ltd V.NB

Primary Symbol: NB

Metals & Mining Industrial Metals & Minerals

NioCorp Developments Ltd. is a mineral exploration company. The Company, through its subsidiary, Elk Creek Resources Corporation, is engaged in the acquisition, exploration, and development of mineral properties. The Company is developing a superalloy materials project namely the Elk Creek niobium/scandium/titanium property (the Elk Creek Project). The Elk Creek Project is located near Elk Creek, southeast Nebraska, the United States of America. The Company's Project is located approximately 75 kilometers (kms) southeast of Lincoln, Nebraska and 110 kms south of Omaha, Nebraska. The Property consists of 226-acre parcel of land owned along with eight option to purchase agreements (OTP) covering approximately 565 hectares (ha). The Company's Elk Creek Property is a niobium, scandium, and titanium exploration project. The Project includes the Elk Creek carbonatite (the carbonatite) that intruded older precambrian granitic and low to medium grade metamorphic basement rocks.

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NioCorp Developments Ltd

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Comment by draftpickon Aug 26, 2011 2:16pm

344 Views

Post# 18983619

RE: RE: RE: How hard will this depsit be

Tankumo,

I like Pacific Wildcat as well, but it has 3 times the market cap as Quantum... making Quantum 3 times cheaper.

Also I put my money into stable Countries. Pacific Wildcat is in Africa, mainly Kenya. Quantum is in the US, Nebraska.

Pacific WIldcat has stopped operations in Kenya on their flagship property due to local protest.

https://allafrica.com/stories/201108210031.html

The people of Elk Creek have welcomed Quantum and are very excited. That came from the Washington Times article on Quantum that was on the front page.

Also the the Elk Creek deposit is the only known large deposit of Niobium in the US, and the US wants a domestic supply

Pacific Wildcat 54 cents, 125 million shares outstanding. 68 million dollar market cap

Quantum 26 cents, 80 million shares outstanding. 20 million dollar market cap

I try to eliminate risk from my investments as much as possible. Africa seems too risky for me.

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