North Bay Resources Inc (NBRI)

[3Angels120702]

40 cents now

[Huggy Bear]

This mining fraud had zero properties under lease worth mining, and has never mined a single ounce of gold, anywhere, since inception.

This will continue to be the case.

The only thing new is a new pump and new promotion of the same essential scam.

[Monroe1]

Mineral claims say otherwise. Scams don't have minerals. Scams don't keep current. Boom times ahead without any doubt. I am rarely wrong. Rarely.

[Monroe1]

How can that be? Always current, adding properties, new CEO. University study also so I give them the benefit of the doubt. Looks like a real company more than any other otc scam. But each to their own. Best of luck.

[rodeoup]

Again I believe the new management and most investors would disagree 100%.

[Huggy Bear]

The NBRI FRAUD doesn't have any assets.

Just endless fairy tales and promotion of lies.

[rodeoup]

If I was consulting the new management which I am not, LOL. First thing would be to be “Up Front” and “100% honest” with their shareholders which would have a Long Term positive effect in this major non trusting OTC frontier.

A lot of things can be communicated to shareholders via social media and still be in the “safe harbor” even if they are not ready for official filings. “Fluff” will destroy but an honest asset based game plan will help blow the socks off this.

[rodeoup]

No Scam here!!!

[Huggy Bear]

This is a 100% worthless SCAM.

[Monroe1]

But but but whatabout , "YeP, billions in the ground". Past CEO retired and handed off the company into strong hands. Always kept the company up to date with fillings, and added over the years to the mineral holdings. This is not the markings of a typical scam. Just the opposite, new CEO will increase the company value. The PPS is a bargain as the green push takes mining stocks to new highs.

[3Angels120702]

would like to have seen some news this week.

[3Angels120702]

yeah. if there are resources to be had all could fall in place. just depends on the capability and persistence and contacts of new mgt. if they don't screw over current shareholders with silly reverses and dilutive financing everybody could win big.

[rodeoup]

Spot on my friend. Just hope that very powerful 2 letter word “IF” gets left in the dust and with no weeds under our new managements feet we will blow this open!!

[3Angels120702]

true. if they have a plan and announce they truly believe there are significant assets to be had...coupled with a plan without a RS to clean up the capital structure a bit...this stock could change lives. Lots of if's.

[rodeoup]

Again we are in the time warp pinky land where your 80% figure is totally normal and even excepted. If and only if our new management can stay 100% focused on how to extract or JV their potentially life changing assets we can then break this crazy environment.

[rodeoup]

Awww Wrong!

[3Angels120702]

in the end though you're right. The value will be the value. If they have gettable assets the stock will go way up over time. Only problem is if they manage this improperly with a large RS. That value may not accrue to current shareholders if they get reversed out and then have to buy back in with fewer shares at higher prices.

[3Angels120702]

Unfortunately the OTC doesn't work like the big boards. A stock due to lack of mgt attention can lose 80% or more of its value while waiting on mgt which means not only do investors have to make a lot more to just break even but flippers will be on it like vultures when it does go up.

[Huggy Bear]

The NBRI "assets" are worth less than zero.

[rodeoup]

For Me time is irrelevant here because it will never be fast enough here in the “pinkies” because trust is so rare.

I couldn’t care less about a few tick swing here or there because it will only bring in the well oiled “pumper brigade” and then the crash.

All I care about is that the new management stays LASER FOCUSED on their current assets with a “Well Thought Out Plan” to tap into these much needed minerals, then and only then is when we are truly off to the races. Appeasing Fluff news will only send me on a long hike, LOL.

[3Angels120702]

there is no news "pending"...not in the real sense. We do "expect" to hear something but none of my brokerage accounts list pending news. For all we know the new owners might not take action for weeks.

[urge2surge]

Watched the churn on L2 today. I'll call it a lot of very fuzzy math. By my take, looks like a lot of artificial balancing. Found the bid drop but ask as a whole staying put. Those legit sells of size at 7s might have to pay more to regain positions.
News pending and over due IMO.

[3Angels120702]

nothing on the otc

[urge2surge]

Wash rinse and repeat. Sop for a year now. Corporate update pending??

[3Angels120702]

It is starting to look like a company just formed a couple months ago to take this over can't handle the takeover paperwork.

[urge2surge]

MMS micro stepping it down. Sop as shares are unchanged. Been doing that for over a year. Ask stack and shrinking bid. Then pop..

[rodeoup]

Calm before the storm!!!

[3Angels120702]

Lets hope pal. 30 cents would rock lol

[urge2surge]

We should get a corporate update next week. I'm sure they've been busy with all the doc requirements for OTC compliance on the buyout. Bullish volume came in this week in anticipation of further disclosures imo. A significant break higher would also validate adding into as well. A lot will depend on what's disclosed but given the market cap here, in light of the certified geological deposits and active mining permit application in prices, there isn't much down side. As with all OTC , details and dilution always need to be watched.

[nickeli54]

Yep!

[rodeoup]

No Scam Here. NBRI absolutely has a great shot with new management coming on board!!!

[3Angels120702]

time to worry if no news next week?

[Huggy Bear]

NBRI is absolutely worthless.

The scam continues on.....

[rodeoup]

No way is this new management going to go to all the trouble it takes to in theory set up a new company and then go out to lunch with an afternoon nap.

In My opinion they are going to utilize every ounce of these very precious minerals that North Bay presently owns!!!

[urge2surge]

Looks like something's coming. 8s cleared. News and disclosures welcomed..

[urge2surge]

The Companys immediate focus in the coming days will be completing the initial change of company management material needed for OTC Markets, as well as completing the exchange of administrative and operational information that is now in progress, said Robert Reynolds, who is also the newly appointed president and CEO of North Bay Resources. Furthermore, Mr. Reynolds went on to say, the Company will be making additional announcements over the coming weeks in respect to several important value-adding enhancements to the business model of NBRI. 7/08...

[urge2surge]

Depends on permit approval, JV partnership on mining, and pending news disclosures by corporate. You could have added in the trips to reduce your cost average no? Unfortunately trade or investment location is important to make or breaks trades etc. In fairness to your plight, The destruction of wealth in the markets and especially on the OTC has been unprecedented and criminal IMO with the ongoing controls granted by the rats at the helm.
Good luck to recovering. You never know..

[3Angels120702]

let's hope. then again if that loss is in a taxable account might want to bank a portion.

[goodfree]

Still holding 771,320 shares with an everage price of .06 I am only down $48,952.88
-98.76% been in this over a decade will I break even? LOL

[3Angels120702]

Hopefully they're working it. I'm not sure if an official name change is part of this but I guess it takes time. All water under the bridge if they get the stock to 30 cents lol.

[Huggy Bear]

This fraudulent POS has never had anything of value, and never will.

Scam Central.

For well over a DECADE.

[urge2surge]

Getting long over due on updated corporate disclosures.. Got a big fat nothing burger on the OTC RITE that's moving in our sector. They got nothing and bloated share structures to boot.

[3Angels120702]

I've read the reports and it's hard to get a reading on how much there was. I was hoping to discount it by 25% -given its certainty- and figure out the dollar amount. but multiple pennies would no doubt come about if true.

[rodeoup]

I believe you are spot on about the Magnesium. Perry was pretty darn certain about that extremely valuable asset “hiding”in their property. If our new management really hits the ground running your thought of .30 seems less of a fantasy every day!!!!

[Huggy Bear]

What company lol?

[3Angels120702]

Maybe...if the co could be reached.

[koolmc]

maybe ask the company instead of the board?

[3Angels120702]

Whur's the news new team?

[3Angels120702]

I'm interested if the new guys actually confirm Perry's assertion that getting the magnesium to start was a virtual certainty. This could be a $.30 stock if that's true right off the bat.

[urge2surge]

Interesting news on TINO regarding marketforces and manipulation. The sec found their claims valid and involving the usual suspects. Business as usual.
Waiting on pivotal news here.