North Bay Resources Inc (NBRI)

[foxwoodsfan]

There's no secrets here, the information is in black a white and you just have to read it. Believe me it's tough to follow and it's meant to be that way. The whole point is to know where the price is AFTER the VWAP discount. With Tangiers it's easy:

We have previously registered an aggregate of 74,480,357 shares under this facility, of which 19,651,471 shares were issued between January 24, 2011 and April 25, 2013, at an aggregate average price per share of $0.065, 25,365,768 shares were issued between September 11, 2013 and February 26, 2014 at an aggregate average price per share of $0.03, and 26,550,822 shares were issued between May 6, 2014 and July 10, 2014 at an aggregate average price per share of $0.0103.

That means the last tranche AFTER DISCOUNT was issued at .0103. Be assued that these 26M shares will not be sold at a loss or marginal gain. Tangier's will be looking to cap a 25%(ish) margin on these shares, that's .0128 and that's where this stock will go soon (my guess).

Don't worry about the recent promissory notes right now, that's for another day.