Replies to post #3103 on Niocorp Developments Ltd (NB)

[Blairman]

Great Find Walterc thats what people need to understand medium and long term

[Gary15]

A interesting point was made in this article:

"Knowing this the Chinese, Japanese and Koreans each paid $2 billion to secure supply from Brazil's CBMM, the largest global producer of niobium. This shocked the West as they were shut out from the deal. CBMM produces around 85% of the global niobium supply."


I have read that the Elk Creek niobium mine would cost just $400 million to start....considering that the Chinese, Japanese, and Koreans paid billion$ for a small percentage ownership in the CBMM mine....a $400 million investment in a quality niobium mine with an excellent infrastructure is indeed a bargain just waiting to be snatched up!

[inversor86]

Not sure why he doesn't just tag it to NIOBF and disclose if he has a position.