Followers | 37 |
Posts | 8572 |
Boards Moderated | 0 |
Alias Born | 12/18/2014 |
Thursday, July 21, 2016 3:23:52 PM
It would be nice if one of the moderators can re post (13740) to that area of the message board for the benefit of newcomers.....Thank you
-----------------------------------------------
Post 13740
===============================================
I believe we have a number of new investors on this board from all over the globe. In case they want to come up to speed with the history of this mineral reserve, I have prepared the following:
Here is a news article from last year about the site of the mine, the local community and the material in the ground.
http://journalstar.com/news/state-and-regional/nebraska/area-residents-dig-the-prospect-of-niobium-mine/article_bfe14646-b161-5295-8b4d-f382beabb7db.html
In Wikipedia, there is a reference to the mineral deposits about half way down the page which describes the location of the proposed mine which is in Elk Creek, Nebraska:
https://en.wikipedia.org/wiki/Elk_Creek,_Nebraska
Please note that this mineral reserve site has been explored since the 1970's by both the State of Nebraska as well as MolyCorp which was acquired by Chevron and then spun off. More information about the history below:
http://quantumrareearth.com/index.php/component/content/article?id=45:quantum-acquires-large-niobium-rare-earth-carbonatite-complex-in-nebraska.html
Prior to being named NioCorp, the company was called Quantum Rare Earths Developments Corp. In 2010, Quantam acquired 4 square miles in Elk Creek. Here is a great article from 2011 about Quantum:
http://www.washingtontimes.com/news/2011/aug/2/rush-for-rare-earth-may-create-nebraska-boomtown/?page=all
The following is an extensive thesis put out by a graduate student in 2014 at the University of Nebraska at Lincoln (which is geographically close to the mine site) about this reserve. Very interesting read for all you geologist enthusiasts:
http://digitalcommons.unl.edu/cgi/viewcontent.cgi?article=1063&context=geoscidiss
The following is an article way back from January, 2014 just before I starting investing. A lot has changed since then, but,if you read it carefully, it's kind of prophetic. Back then, the market cap was just $17,000,000. Today, some 22 months later, the market cap is $102,729,792.
If you read the article carefully, you will understand why the CEO is passionate about this opportunity. He formerly worked for another company that owned and sold the reserve and also worked intimately with CBMM in Brazil, which is the world's largest producer of niobium. He is more than qualified to be leading this mining project:
http://www.marketwatch.com/story/ex-chevron-mining-molycorp-ceo-bets-niocorp-tsxvnb-next-niobium-gem-2014-01-09
We are nearing the end of a years long journey to get to the point where NioCorp can produce a feasibility study which can attract large scale investment to build the mine.
It is important to understand the history of these mineral deposits, the mine site and the contributions of all the companies, government institutions and scholarly contributions involved in exploring this reserve since the 1970's (45 years).
Waiting 3-4 months until a feasibility study is produced is just a flash in time compared to all that has been achieved thus far to get to this point.
Recent NB News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/27/2024 08:00:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 04:28:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:02:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:01:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 10:00:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 09:00:27 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 12/21/2023 09:45:51 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/20/2023 09:55:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/17/2023 09:30:35 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM