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Re: Research&Hope post# 359

Monday, 10/03/2022 11:42:04 AM

Monday, October 03, 2022 11:42:04 AM

Post# of 391
R&H; You can't directly compare SHCMF and NIOBF.

Search target minerals are REEs. (With the addition of some zirconium and hafnium.) Their mines will be surface mines with the advantage of local communities and infrastructure so lower development costs.

The low cost per share makes this an attractive long term hold.

NioCorp has a stated target mineral group of Niobium, Scandium, and Titanium. The Elk Creek deposit has REEs but has yet to release the results of their demonstration plant so it is assumed that they will have sufficient recoverable amounts to justify a partial redesign of their planned extraction facility. NIOBF has announced financing in the form of a Merger.