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Certainly one of Scott's options is too simply

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dmbao   Saturday, 05/12/12 10:24:47 AM
Re: downsideup post# 116906
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Certainly one of Scott's options is too simply wait. I had SRSR reviewed recently by a gentleman who was previously CEO of a succesful mining company as well as several oil company's. One of his first questions was if there may be a change in the demand/supply issues in Niobium someone should eventually come to him if the project fills a need. So why bother looking for money today? He certainly has a point but one has to assume Scott started this project 4 1/2 years ago because the timing was finally right? Scott could just sit and wait but for some reason that isn't what he wants to do. This guy is still reviewing the SRSR information and am curious to hear his final report. He said there is plenty of money available for the right projects today it's a matter of finding the people who think a project like this is the right project.

His preliminary thoughts was there is more than enough Niobium production presently to meet the demand for a considerable time yet. I brought up what is going on with the Asian Consortiums buying into CBMM as evidence that groups are beginning to be concerned. He is going to look at tit further and touch base with his contacts.


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