InvestorsHub Logo
Followers 9
Posts 1359
Boards Moderated 0
Alias Born 02/05/2019

Re: douginil post# 375

Tuesday, 01/24/2023 12:45:16 PM

Tuesday, January 24, 2023 12:45:16 PM

Post# of 391
Doug; Thanks! I think any poster here has a pretty good understanding of the risk of investing in Jr. Miner penny stocks. Buy lots of shares at a low price and wait for years (Years) and hope that a mine begins production. ( NIOBF)

Since this is a surface mine Search has an easier path to start up, but they have the same problems with financing in, I think, a contracting world economy. I would not be surprised to see them start production around same time as NioCorp (IF Search gets financing and NioCorp gets their merger with their SPAC).

Starting up production. You might look at DMEHF for a start up Helium extraction company that has a number of wells in place in AZ, has its facility manufactured and sited and is tuning it up to start production. ( Did not leave SearchMinerals or NioCorp, but got tired of companies with long waits till production start up and took a position in DMEHF.) Good cash position and off-take in place for for any hydrogen by product they extract or recover. In production 2nd quarter it sounds like.