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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
Post by psj567on Jan 15, 2017 10:13am
296 Views
Post# 25709729

CEO Bought on Open Market; Trump Presidency a Big Positive

CEO Bought on Open Market; Trump Presidency a Big PositiveWhile not a huge dollar amount, it is good to see Claude Dufresne accumulating shares on the open market. Also, good insider participation in the most recent financing. The Trump presidency will play a significant role in the niobium market, as U.S. users (as well as other global users) will be looking to both increased security and diversity of supply. Niobay is positioned perfectly in this regard. Assuming the resource is consistent with the historical drill rsults, and there is no reason to think otherwise, Niobay will likely be acquired within 24 months. Given the known drill results and the valuations accorded other recent Niobium project takeovers, we are looking at a 10 bagger minimum.
Bullboard Posts