Monday, September 01, 2014 5:40:00 AM
What gets lost in translation is, that's what a public company does when it has no income but still needs to purchase equipment, fund exploration, bring projects to fruition, and NBRI stuff like that... I don't know where else the money is supposed to come from. Nobody is giving that stuff away.
The trick to purchasing near term producers like NBRI is to catch them at the last stage prior to production. Of course they have had to dilute to get there. That's the game. It took money to get there, but it doesn't have to be my money. That's why a guy has to be strategic about it.
The lack of strategic plan has put the stench of disappointment on many an over bloomed rose.
That disappointment stems from not understanding how the mining business works and or not having a viable strategic plan.
CEO Leopold isn't an ASS because I didn't know what I was doing. I was the ASS that didn't know what I was doing.
By the same token, CEO Leopold isn't the ass because I didn't have a strategic plan. I was the ass because I didn't have a strategic plan.
It would be a lot easier for me to avoid taking personal responsibility for not understanding the business and not having a strategic plan if I could just blame it all on CEO Leopold. That's the easy way out, and just about guarantees I won't learn anything from the experience.
.................................... MINING & METALS Board http://investorshub.advfn.com/~*~Mining-and-Metals~*~-15977/
Recent NBRI News
- North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • InvestorsHub NewsWire • 09/11/2024 01:15:00 PM
- North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • InvestorsHub NewsWire • 09/09/2024 01:15:00 PM
- North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • InvestorsHub NewsWire • 08/26/2024 02:00:44 PM
- North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • InvestorsHub NewsWire • 08/22/2024 02:28:03 PM
- North Bay Resources Announces Mt. Vernon Gold Mine Startup, Sierra County, California • InvestorsHub NewsWire • 08/05/2024 01:00:00 PM
- North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • InvestorsHub NewsWire • 07/18/2024 01:00:00 PM
- North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • InvestorsHub NewsWire • 06/27/2024 01:00:00 PM
- North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • InvestorsHub NewsWire • 06/18/2024 01:18:44 PM
- North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • InvestorsHub NewsWire • 05/29/2024 01:03:34 PM
- North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • InvestorsHub NewsWire • 05/21/2024 01:07:26 PM
- 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
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