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 Nov 06, 2015 5:30pm

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Post# 24268414

SIMS

Sims is a great (maybe perfect) person for the job. He was in charge of handling tough calls on Molycorp as it plunged into the abyss for years was he not? Guy likely needed a job. His rolodex has got to be pretty shot. Not saying Niocorp will have the same fate but they need some mining savvy money put into it soon to gain credibility. Specialty metals are really tough.

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