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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 RTOon Jan 17, 2015 11:16pm
85 Views
Post# 23332264

RE:RE:RE:MDN and Niobec longterm strategy?

RE:RE:RE:MDN and Niobec longterm strategy?I don't foresee a financing under a dime.  There are a couple of aces in the 
hole that could act as a catalyst to catipult the shares to a level that woulf be more appropriate for a financing.  The drill results from the 100% owned Samaqua property are pending which could lead to yet another discovery right next to Niobec.  OR.  The gold properties could be sold off to raise the cash.  Gold price is rising and the weak African currency will make these properties gain in demand.
Bullboard Posts