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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 Aug 16, 2012 8:08pm
183 Views
Post# 20227357

RE: RE: RE: RE: P.R. on Nikonga

RE: RE: RE: RE: P.R. on Nikonga

Because some people needs money after vacation and we are at capitulation stage right now on junior stocks. I got a few junior stocks and they're all in the basement right now.

The HUI will start first to move and after that it will come to the juniors with delay. The juniors are at the end of the food chain so that's why it's so difficult to wait and see. For myself, I think that MDN has 4 properties in Tanzania where a surprise could come out if the drilling is done on them. Drilling is constant on Tulawaka and ABG has enough stuff for a couple of years to come. If it was not the case, they would not have built the ramp they are doing right now.

Nikonga is the surprise one and we should get more information soon, but it looks very promising.

Ikungu is the one to watch and get it on track asap. The potential is there to get a world class deposit.

Isambara is a great property too. It looks like Osisko. Low grade with great volume. It takes a lot of money to develop a property like that.

Finally, with Crevier, at the beginning of 2013, we should know the results of the feasability study and see if the economics will come true.

Patience and money are the names of the game.

Pierre013

Bullboard Posts