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 LCP7777on Jun 12, 2015 8:36pm

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Post# 23826526

RE:Joseph Carabba speaks about Elk Creek Project

A big problem I have with this interview is he specifically states that no new supply is coming at the Nb market. As it is the NB PEA used very optimistic prices of NB 20% higher than the current price. CBMM is increasing world supply by 40% in their $500MM expansion by the end of next year. Either this dude is casual and uninformed or, if he knows that a 40% increase in world supply is coming at us he's being uncomfortably disingenuous. Either option is not very comforting. Last time I mentioned this NB's lawyer surfed my LinkedIn page. Fact is I'm the most honest guy there. Bring him on.

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