Niocorp Developments Ltd (NB): I don't think that will affect a deal....

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Re: Gary15 post# 595

Thursday, 11/08/2012 12:27:13 PM

Thursday, November 08, 2012 12:27:13 PM

I don't think that will affect a deal. Niobium prices aren't projected to go down and neither is demand. CMBB says they expect a 60% increase in demand by 2015 is possible. Infact the first line in their release is The ore of the future, as it is known, will not be impacted by the financial crisis

These short term economic problems don't seem as important when you consider how many decades Elk Creek would be producing a increasingly valuable resource for all involved.

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