North Bay Resources Inc (NBRI)

[1manband]

It is no different then the JORG form used in Australia or the SEC industry Guide 7 used in the United States as required by the SEC as a legal document

But it IS different. First of all, it is NOT A FORM. Anyone familiar with the standard should know that.

NI 43-101 is a Canadian law which covers all disclosure by mining and mining related issuers. The law only applies to, and is available to, Canadian issuers. The law requires that in order to be NI 43-101 compliant, the documents must be filed with, and reviewed by, Canadian Securities Administrators. NBRI is not a Canadian issuer and therefore cannot comply with the law. That document was not NI 43-101 compliant for many reasons, but start with the fact they document was not filed with or reviewed by Canadian regulators. If it had been, it would have been rejected because it was not compliant with NI 43-101 in other areas. It was a complete sham, and if NBRI was a Canadian issuer, the stock would have been suspended from trading at best for that ridiculous bogus document.

As a US issuer, NBRI was required BY LAW to comply with Industry Guide 7. They did not. That report was bogus and fraudulent, and its sole purpose was to deceive the investing public to buy shares in NBRI.