Niocorp Developments Ltd (NB): I believe they still own both, but have...

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Niocorp Developments Ltd (NB)

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Re: AlwaysOptimistic post# 40429

Tuesday, 08/21/2018 10:25:36 AM

Tuesday, August 21, 2018 10:25:36 AM

I believe they still own both, but have not asked for confirmation. Given that neither appears in any recent 10k, I view the current value as negligible.

They did try to sell a majority stake in Archie Lake in 2014, but the buyer did not meet the conditions of the agreement. I've never found any additional information on jungle wells.

http://niocorp.com/index.php/press-releases/206-niocorp-meets-conditions-on-archie-lake-offering-commitments-surpass-10m

https://www.elyseedevelopment.com/projects/archie-lake-saskatchewan

http://niocorp.com/index.php/archie-lake-uranium-rare-earth

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