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Re: AlwaysOptimistic post# 108637

Tuesday, 02/20/2024 7:07:13 PM

Tuesday, February 20, 2024 7:07:13 PM

Post# of 113844
In reply to your post:

Let’s look at this:
1) QRE was made to chase the ree’s from Molycorp’s early 70’s drilling drilling. "What do you mean QRE "was made to chase the ree's"? The USGS and Univ of NE have both quantified probable REE reserves and independent analysis of the Univ of NE's drill cores were performed by L3 quantifying that the Elk Creek REE resources were the 2nd largest in the US after MP Materials.
https://www.niocorp.com/niocorps-elk-creek-project-confirmed-as-the-second-largest-indicated-or-better-rare-earth-resource-in-the-u-s/
2) MS ran Molycorp much later (and bankrupted it) so he could be a REE expert yet: MolyCorps bankruptcy came more than 2.5 years after MS left MolyCorp. Mark Smith joined NioCorp in February 2013. MolyCorp filed for bankruptcy in June 2015.
3) Once he became QRE ceo he changed the name to Niocorp. And pushed Niobium. MS did not change the name to NioCorp. That happened on Peter Dickies watch while he was CEO and President.

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