North Bay Resources Inc (NBRI)

[es1]

That's what I said because that is what is correct.

No need to rewrite history. It is being written as we type.
Ximen has a PPS of .07 and an average volume of 500 shares.
It has a 30% spread and the next person who gets to sell will drop the PPS to a 90% drop from where NBRI received shares.

XXMMFXIMEN MINING CORPXIMEN MINING Information
0.0710.00 (0.00%)
Real-Time Best Bid & Ask
0.056 / 0.075(1 x 1)
Previous Close
0.071
Open
N/A
N/ADaily Range
N/A-
52wk Range
0.071- 0.865Volume


N/AAverage Vol (30d)
516


http://www.otcmarkets.com/stock/XXMMF/quote

Ximen barley trades here.

Oh is that because it is Canadian?
Well their volume in that exchange is pathetic as well at about 50K

$3500 volume a day and dropping
only 7 days in the last year have they broken 200K volume.
Ximen is worthless as can be seen on its chart. The only volume it really gets is when a crew is working a pump. There just hasn't been one since the first half of 2014. It will be another year or 2 before they can work a pump on that stock.

http://web.tmxmoney.com/charting.php?qm_page=98133&qm_symbol=XIM
That is even more pathetic than NBRI and that is saying something.

The fact that the CEO took these shares for an asset either says he is a complete moron or he knows the property is as worthless as the shares.

So which is it? did he sell something worth a fortune for something worthless or did he sell something worthless and got at least got a few thousand bucks for it?

Or was there another reason he held a POS stock? Was the deal actually a mutual pump from 2 companies hoping to get a PPS bump?

Then you need to decide why he was a moron and didn't sell when he had the shares. Also why he hasn't sold them now or restructured the deal instead of letting them slide when we are about to go bankrupt and could use the money