Niocorp Developments Ltd (NB)

[Contrarian58]

I've always been of the opinion that Niocorp was an Niobium/Titanium/Scandium mine with an option for other minerals and rare earths. There is a company in nearby Beatrice developing a process for extracting rare earths from mine tailings that I'm sure is keeping an eye on Niocorp. Once the mine is in production for the main products, it's entirely possible that other processing circuits could be added for secondary products, should the economics pan out. Carbonatites such as Elk Creek are essentially a smorgasbord of valuable elements. The uniqueness of Elk Creek's mineralogy are what originally got me, a childhood rock hound, interested in the project--at a $0.10 "I'd like to own a piece of that" level. When Mark Smith joined, my memories of tripling my money on Molycorp induced me to make a much more serious investment.