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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Post by LCP7777on Aug 24, 2015 3:51pm

167 Views

Post# 24046895

I just want to see one thing:

The viability of Niocorp with Scandium priced at $2000. The CC call said they are using $3000 to $4000 in the PEA. I've said this for months. This is lunacy. If they can't show viability at $1500 to $2000/kg like Scandium Intl and CleanTeq use in their studies the project is probably DOA (my belief is it is not viable at $2000/kg). Those other project have MUCH higher grade. I hope they publish the "market study" in the PEA.

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