Friday, October 24, 2014 12:21:38 PM
"Doing well. Things continue to move forward albeit slower than I would like. The coordination of schedules between drilling staff, our Geologist QP, those logging the cores and preparing for assay, the folks from RPA Associates who will write the report has taken more time than expected.
Hoping that all drilling will be complete prior to end of next week. Logging person says strong correlation with new cores and old.
Should also have completed audits soon also.
So big picture everything going as planned a bit to optimistic on my initial time frames but only a week or two.
So assuming the RPA folks are happy and they will be doing a site visit next week we should have our resource upgrade in the NI report soon and plan to apply for the listing at that point.
We lose control at that point to the exchange and regulators but don't expect any problems.
In the meantime we can work on the PEA.
So progress is being made and better times are ahead IMHO.
I am encouraged to see other mining companies raising capital so perceive the environment improving and NUCOR steel announced today rising demand for steel so hoping we see more interest in Niobium. Although a fair bit of their growth is US based energy related but good signs for steel is good for Niobium.
Dan Byrnes"
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