News Focus
News Focus
icon url

Evil Rabbit

03/13/13 1:23 PM

#130815 RE: moojer #130813

.007 is not happening.

The Chinese SOE still wants our billion-dollar rocks.

Nemegosenda remains one of the biggest sources of Niobium on planet Earth.

Unlike almost every other deposit, our niobium is close to the surface and easy to mine.

The JV deal continues to be negotiated.

Other suitors want to compete with the Chinese to buy our rocks.

Scott has not failed. The Chinese have not walked away. Again, negotiations are ongoing.

Claims to the contrary are 100% false and fraudulent.

SRSR is a strong buy IMO.
icon url

dmbao

03/13/13 1:29 PM

#130816 RE: moojer #130813

Your conclusion that they looked and decided the status quo was good enough. They haven't even finished their DD on the NioStar project so no conclusion can be drawn until that DD is completed.

We don't know if the SOE even actually uses Niobium and whether they do or don't have a supplier.

Perhaps they are realizing they need to use Niobium and don't have access to CBMM as others who directly own CBMM have tied up all the supply.

Scott has received financing continuously, it's just not large amounts relative to the present needs.

I give you the fact that disclosure isn't plentiful here but that doesn't mean your conclusions are the correct ones.