North Bay Resources Inc (NBRI)

[chevy56]

From a top mining company..


TGR: Any words of wisdom you might have for investors looking to survive, maybe even thrive, in the natural resources space today?

JW: When evaluating a project, you have to ask some key questions. First, is the project a sustainable mine over the long term, even with low commodity prices? I would shy away from companies with projects that require higher gold prices to make sense.

The second element is whether the mine is permitable and in a good jurisdiction. A no to either of those questions is a nonstarter for me.

Finally, has the management team proven it can run an effective mining company? You have to have competent management that can achieve their production goals and meet operational guidance.