No one appears to be buying Perry's nonsense anymore.
Recycling a fairy tale from 13 years ago is equally hilarious.
I found this statement to be a bit humorous.
"Expertise in scaling up mining operations..."
Just another endless con game, mick.
North Bay Resources Inc. (NBRI) Agrees To JV On Tulameen Platinum Project
April 25, 2023 08:30 ET | Source: North Bay Resources Inc.
Skippack, PA, April 25, 2023 (GLOBE NEWSWIRE) -- North Bay Resources Inc. (OTC PINK: NBRI) (“North Bay” or the “Company”) is pleased to announce that it has signed a Binding Memorandum of Understanding (“MOU”) with CarbonMeta Technologies Inc (OTC PINK: COWI) (“CarbonMeta”) to create a joint venture subsidiary called CarbonMeta Green Resources Canada, which will focus on producing carbon-negative cementless concrete using olivine.
CarbonMeta Green Resources Canada will be a Limited Liability Company based in British Columbia, Canada, jointly owned and managed by CarbonMeta Technologies and North Bay Resources, with initial equity ownership of 51% and 49%, respectively. The subsidiary corporation will be a research and development center for the production of carbon-negative cementless concrete using olivine, and will operate a production facility for the production of carbon-negative cementless EarthCrete® that can be distributed in North America.
North Bay’s Tulameen Platinum Project comprises an estimated 135 million tonnes of olivine on 860 hectares (2,213 acres) that is located along the Tulameen River in the Cascade Mountains of southwestern British Columbia, approximately 28 kilometers west of the town of Princeton BC and approximately 150 kilometers northeast of Vancouver. Canada. The olivine resource is known to contain an average grade of 25% magnesium, and has assayed up to 0.509 g/t platinum, over 0.12% nickel, 0.01% cobalt, and more than 1% chromium.
CarbonMeta has agreed to contribute the following:
Funding and corporate governance expertise to incorporate CarbonMeta Green Resources Canada in British Columbia, Canada.
Research and Development expertise to obtain, develop and commercialize technologies for the production of carbon-negative cementless concrete using olivine.
Research and Development expertise to obtain, develop and commercialize carbon dioxide (CO2) capture technologies that can be used for the production of carbon-negative cementless concrete using olivine
Business development expertise to market and sell carbon-negative cementless concrete products.
Patents and trade secrets related to, but not limited to, all of the aforementioned technologies (e.g. CO2 adsorption, cement-less concrete)
"We are excited to partner with North Bay Resources on this innovative venture whose focus will be on creating carbon-negative cementless concrete using olivine," said Lloyd Spencer, CEO of CarbonMeta Technologies, Inc. " This new subsidiary represents a significant step forward in our efforts to reduce carbon emissions and make a positive impact on the environment."
For its part, North Bay has agreed to contribute:
Availability of over 100 million tonnes of olivine, a magnesium iron silicate that is also known as peridot and chrysolite, though its Tulameen Platinum Project.
Expertise in acquiring high-quality mining properties throughout British Columbia, Canada.
Expertise in scaling up mining operations to affordably extract and deliver olivine in Canada and the United States.
Building strong, enduring relationships with the local and provincial government agencies in British Columbia, Canada.
“We are pleased to collaborate with CarbonMeta on this important project,” said Perry Leopold, CEO of North Bay Resources, Inc. "By combining our expertise and resources, we can create a sustainable and profitable business that will benefit both companies and the environment."
The MOU includes an agreed-upon transfer price paid to North Bay from CarbonMeta Green Resources Canada for purchasing olivine, which will be updated quarterly. CarbonMeta Green Resources Canada will also develop and establish supply chain relationships with potential North American distributors of carbon-negative cementless concrete, including CarbonMeta Green Building Materials, Inc. in the United States. Additionally, the subsidiary will establish technology licensing relationships, industry partnerships, and marketing sponsorships related to the production of carbon-negative cementless EarthCrete using olivine.
The Company notes that the EarthCrete-Olivine production process is estimated to capture and store approximately 13% CO2 by weight from the atmosphere, and as such is expected to monetize an additional revenue stream through various carbon removal credit programs now available in the US and Canada.
North Bay further notes that it still intends to pursue extraction of magnesium and platinum-group metals from its mining operations, and may further partner with CarbonMeta to develop a new microwave-assisted technology for the cost-efficient extraction of magnesium and platinum-group metals.
The parties have agreed to work towards signing a definitive agreement and establishing the joint venture subsidiary within the next 30 days.
About CarbonMeta Technologies Inc.
CarbonMeta Technologies (OTC PINK:COWI) is an environmental research and development company that is commercializing technologies for processing organic wastes into hydrogen and high-value carbon products economically and sustainably. The company is based in Woodinville, Washington, and has several subsidiaries, each with its own focus on high-value solutions for environmental sustainability. For more information about CarbonMeta Technologies and its subsidiaries, please visit www.CarbonMetaTech.com
About North Bay Resources Inc.
North Bay Resources Inc. (OTC: NBRI) is a junior mining company with current operations in British Columbia, Canada. The Company holds 100% ownership of several significant mining properties, including the advanced-stage Murex Copper project on Vancouver Island, and the Tulameen Platinum Project near Princeton, BC.
SAFE HARBOR FOR FORWARD LOOKING STATEMENTS
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although North Bay Resources Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by North Bay Resources Inc. or any other person that the objective and plans of North Bay Resources Inc. will be achieved.
Perry Leopold, CEO
North Bay Resources Inc.
I guess we go back to .001 on coming update.
Hang on and watch the fun.
You think so? No way.
Nonsense. Perry will have to do a massive share count raise or massive RS to even keep the Tulameen property.
Spent three bil shares on a dud lol
True 2500 years ago and still true today... " What appears not worthy today can be a literal gold mine tomorrow. North Bay Resources property portfolio is worth far more than the present price per share and someday will see appreciation. IMO it is a great buy and hold where no matter what happens, the risk versus return is good .... could be great even in the near term. A bit of good news and the pps will run high like another miner in Vancouver wanting the copper property. Yes, a long term hold...certainly a winner. $NBRI$
Perry knew Ruby ....what? LOL, love those insider briefs coming. They are useful diversions ey?
Everyone including Perry knew Ruby was a complete dud before any expenditures were made. But it's a useful diversion eh?
Perry has never picked one successful claim in his career. Quite the opposite
For me there has already been plenty. And plenty more to come medicine man.
There's absolutely nothing here chief.
A lot of common mineral sense can be learned through the process of staking a claim or acquiring a mineral lease or patented mining claim. As well, doing research in the courthouses for mineral deeds one can see the history of ownership. By owning a few, it is learned how geologists, patent buyers, prospectors, mining deed research firms contracted by mining companies etc, how they seek out mining properties thereby giving one a feel for the demand and interest in such mining properties. I've witnessed this for five decades now. Many mines and claims do go for decades, some centuries before being developed or changing hands, some quite often.
Technology improves, brings changes in demand, opens new markets. What has been seen of late is the push for EV's where many past gold and precious metal mines and even coal properties are now being sought after for the rare earths or mineral contents that were not economically feasible, or even known in the past. Technology advancements make many things possible that were once not even appreciated. I've seen many properties some of which I worked in down in the ground, that went from silver or gold producers then to lead and zinc for war efforts, back to silver, then abandoned and re-opened for moly, then abandoned due to green weenies, then reopened for copper, then closed for market conditions, and now talk of re-opening for the moly and rare earths....all since the 1880's! What appears not worthy today can be a literal gold mine tomorrow. North Bay Resources property portfolio is worth far more than the present price per share and someday will see appreciation. IMO it is a great buy and hold where no matter what happens, the risk versus return is good .... could be great even in the near term. A bit of good news and the pps will run high like another miner in Vancouver wanting the copper property. Yes, a long term hold...certainly a winner. $NBRI$
Knowing about minerals and the world of applied geology is essential to understanding mining companies in development. One must know the details of those leases and claims culled or those that have been kept up to date. What is known about those being developed, those under discussions, those being sought? Considering the state of economy, supply, and effects from covid directly effects operations and business decisions/directions. So I'll load up at these super friendly prices like before and make some money as the commodity cycles return. $NBRI$
There's nothing real to even chat about.
I have traded OTC now for half my life and can spot a scam in an instant. If these properties were worth anything he'd 1...not be letting the leases expire worthless or 2...not have offered the company to a no-name newly formed company that had no assets with which to actually pay him. That's a ditch. Also, Robert was unable to find anyone according to him who was interested in coming up with financing for Tulameen. It's a dead horse. Have the shareholders even received one meaningful update since the company reverted to Perry? Nope...not a "hey, things are ok I'm back in charge, etc." Surely Perry isn't so sick he can't type. Dead space. Dead silence.
It wouldn't have taken a decade if that was true. People would be lined up to partner. All Perry could do was sell for pennies on the dollar to a foolish group that was broke.
Guess I will unload all my .0001 stocks then.... lol, never! One thing I know is mining, and what can happen in a snap. There are a couple great properties with tons of development potential. Nice to have Perry back then, if the other guy was a boob as you say you learned it all from a chat. Ok
I am fine just sitting and looking to add.
Besides that I chatted with Reynolds. The guy was a boob.
Dude he told us that the company that was going to buy his firm - why they would want it is besides the point - went belly up. There's that. There's nothing to the "resources" Perry claims to own. No one wanted it who was serious.
Of course you know all the particulars like Covid, weather and supply problems etc.
Not to mention of course his health. LOL
His co never sold. The dupes he found went bankrupt before payment lol.
over 1 year since a news relese. surprise it has a bid
Nothing real exists here and never will.
Check out his cult classic album "Christian Lucifer" on YouTube.
Perry Leopold (born in 1949 in Philadelphia, Pennsylvania) is an American folk singer whose 1970 album "Experiment In Metaphysics" was originally in a single run of 300 copies and thence became much sought-after. Leopold grew up in Philadelphia in the '50s and '60s, inspired and influenced by all types of music.
Just Googled Perry Lepold
Most shares are owned by the bag holders that believed and held onto the scam program of a nothing burger Royale. Perri buying up his own stock would be akin to a prostitute buying up their own service. Lol...
Get ready for the 2.5 billion remaining share "happy ending".
More like urine LOL Golden Showers from Perry
Yep, a real Scamorama steaming dog pile here. Expecting the 2.5 billion dump, r s, and repeat. Be nice to see this sham fully removed from the OTC.
bob did not like it. company is more than 3 million in debt to perry and note holders and doesnt hold any properties that will host mining in the futre. thats why rich people are rich dont get scamed
In August 2009, the Board of Directors approved and the Company executed a management agreement with The PAN Network
(“PAN”), a private business management and consulting company wholly-owned by the Company’s former Chief Executive
Officer. The agreement is in consideration of $18,000 per month, and calls for PAN to provide (a) office and board room space,
including reception, utilities, landline phone/fax, computers, copiers, projectors, and miscellaneous services; (b) financial services,
including accounting, corporate filing and bookkeeping; (c) project and administrative services; (d) resource targeting, acquisition,
development and management services; (e) marketing services, communications, marketing materials management, and writing
services; (f) strategic planning, milestone management and critical path analysis; and (g) online services, including web site hosting,
web site design, web site maintenance, and email services. The agreement includes Mr. Leopold’s salary of $15,000 per month,
which will accrue entirely to deferred compensation during any period in which the commitment remains unpaid. The term of the
agreement is one year, and automatically renews annually on January 1 each year unless otherwise terminated by either party. This
agreement was suspended on May 16, 2022 pending the completion of a private transaction by Mr. Leopold. As of September 30,
2022 and December 31, 2021, the outstanding balance of the NQDC plan is $2,289,920 and $2,222,920, respectively.
Raining gold nuggets from Heaven above.
So Perry is back in control.
North Bay Resources Inc. (OTC: NBRI) ("North Bay" or the "Company") announced today that as a result of a default by 4D Minex Corporation in a private transaction previously announced on July 8, 2022, control of the Company has been reasserted by the majority shareholder of the Series I Preferred Shares representing such voting control. Accordingly, Mr. Perry Leopold has now been reappointed President and Chief Executive Officer of the Company. The Company also affirms that despite the previous private transaction announcement on July 8, 2022, no shares of any class of Company stock have been issued or transferred, and our outstanding share total has remained unchanged since December 2021.
Roflmao... Yeehaw...clown show continues!