Friday, August 01, 2014 5:59:25 PM
I also have serious doubt that Ruby gold can be mined profitably. .
But if they start producing gold on a commercial basis, regardless of cost, the share price will jump.
But if it not profitable, this play will be finished. If profitable, it could trade on the lower end of gold producers p/e.
These guys have screwed up for the last few years, but if they stick to 1 or 2 channels and produce profitable gold, and now, they should be in good shape.
Jury is still out.
Recent NBRI News
- North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • InvestorsHub NewsWire • 04/23/2024 01:41:02 PM
- North Bay Resources Announces Acquisition of 55.5% of Bishop Gold Mill, Inyo County, California • InvestorsHub NewsWire • 04/08/2024 02:38:35 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM