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The Ruby is getting prepared to re-open $$$
Sweet, how much money did it make the last time NBRI had it open???? That was $0 right???
This company is an absolute joke and has been since day 1.
Would that be the same kind of nonsense that suggested NBRI was going to be mining millions or even billions in gold??? NBRI was going to be mining in a matter of months a matter of years ago??? The stock was goping to make somebody other than note holders wealthy???
This is a 100% typical penny scheme. Dangle a carrot, issue stock, dump stock, dangle more carrots, issue more stock, dump more stock. Do this over and over until buyers dry up then abandon said shell. Move on to the next shell with a new symbol, new carrot, new story and repeat the process.
There is a reason nobody has mined the RUBY in over 70 years and that reason isnt because bilolions in gold is lying inside the door waiting to be pulled out. It's because the RUBY is a worthless hole in the ground raped of its value over 7 decades ago.
Once the fable is removed the facts shine trhough quite clearly.
could be mining within 90 days.
This has been said over and over for over 900 days
Gold production is never going to begin. The only thing being mined is money fromn the pockets of investors. This has been an endless fairy tale of "just wait". No more waiting, this company is simply going to dilute itself out of existence.
Rumor on twitter is spreading
Rumors here took this turd to .0001 so may as well start making up Twitter rumors now LMAO!!!!!!
Havent't looked in on this in quite some time. Looks like one side was right and the supporters were dead wrong. So simple to predict.
Yeah right. So to ahead and explain how a person who would be in a position to provide EB-5 funding could also be in a position to fund NBRI through a different venture as well. I'm all ears
Of course it doesn't mean EB-5 is coming. Why??? Because it would be a total conflict of interest for a person in charge of granting EB-5 funding to also be heading up a financing company that would front load a funding deal with the same company they are preparing to offer EB-5 money. It's not legally permitted for obvious reasons but in case you don't understand those reason I'll explain.
Front loading ahead of funding is called illegal insider trading. It violates any and all securities laws and regulations. That act sends people to prison.
No government agency would allow this behavior which would be nothing less than an enrichment scheme. You agree to my funding agreement, we front load stock and you get EB-5 funding. That totally diminishes the process, making it not only dishonest but constitutes a bribe or illegal kickback scheme.
It's just that simple. These dots don't be legally connected and any attempt would be required to accept illegal actions as the basis for the argument.
LOL, if anybody has any questions just direct them towards the information vacuum that is NBRI?????
The reason it is stated to ask Perry is because Perry will tell you exactly what you want to hear which makes you feel good and confident.
Forget that he has made so many misstatements in the past he will tell you exactly what you want to hear and believe!!!!!!
Iim not a brain surgeon and don't have to be to know how crappy penny stocks operate. That's the beauty of investing. A good investor can invest in a tech company, a drug company, an oil company and a transportation company and profit. And that profit is a result of having investing knowledge not experience or knowledge of each individual business..
A good investor doesn't have to be a miner to make money in a mining stock. They do have to have ability to read financials and apply analytical knowledge of what's taking place financially to the current situation.
To suggest that only people knowledgeable about mining will make on eh here is a joke and to suggest Perry is a miner is also a joke. Especially when it was you who suggested he was told by people he could be mining in months back in 2011 because he didn't have a clue what he was doing.
That's what I believe. If people refuse to sell sever and decide to ride it into the ground then yes. Penny stocks are all or nothing bets. You don't in eat for 20 years and find yourself up or down 30%. Unfortunately penny stocks utilize this "now or never" approach that attracts a certain type if investor. It's not rocket science, it's been done the same way for decades and will remain that way until investors actually change the behavior of buying junk based on clever words in PR's and on message boards.
That's the position you see intended to be in. Keep you interested long enough to make selling seem pointless. That creates a perfect situation for funders. It eliminates competition for funders to sell. If they can keep buyers in the stock until they are stuck then it's mission accomplished. That's done with fluffy PR's and fancy websites.
On e again I don't care about pictures on websites. I don't care about fluff press releases. I care about results.
This stock is like seeing the same guy on the same corner holding a sign that says the world is going to end next month. But he's been there for 3 years and every day he tries to convince you the world will end "next month". Eventually he becomes a laughing stock, the butt of jokes and people question his sanity. That's NBRI. It's been years since they said it would be less than 6 months to continuous mining.
To continue believing in the charade defies logic.
But they have pics of gold on the website, they have drillers, white channel, black channel blah blah blah. No results just more smoke and mirrors.
Spanky, there has been no profitable gold found, no areas that warrant continuous mining and endless delays to a timeline that was implemented by Perry.
The death if every single penny stock in existence is dilution + no financial results + dwindling share price + dwindling investor confidence = no liquidity.
Each new round of share issuances is greater than the last and volume is measured in days here. Once funders lose the ability to unload shares they will no longer fund NBRI. How many more years do you think this company can survive on fluffy press release and stock dumps????
The stock price is already giving you the answer but ignoring it and pretending there is some kind of guaranteed mining on the horizon seems to be just a way to avoid facing the reality that suggests that about 10 people tops believe this is going to succeed.
Funders don't care, they make money either way. Perry may care but be isn't in charge of anything really because he can't generate the money require to run this business based on revenues and profits.
The puppet pits out the press releases for the masters to dump stock. To think those press releases are meant for shareholders and are an accurate reflection of current events is downright laughable.
There will be no continuous mining in the coming few weeks. There will be a PR or two so funders can sell stock and there will be more excuses why mining isn't taking place. The stock price will keep sliding.
Again and again, if all this work was required then why on earth would Perry claim in June of 2011 that continuous mining would take place before the end of 2011???
Other than motivation to sell stock why would he mislead shareholders??? And since it's obvious he was misleading shareholders why would anybody believe him at al when he provides timelines which are obviously meant to benefit funders by providing liquidity while misleading to shareholders and driving the stock price into the ground???
There is t going to be continuous mining. Why??? Because Perry is utilizing press releases to sell stock not gold.
Today is just one day closer to the next excuse why no continuous mining is taking place and one day closer to more dilution.
Your proper DD didn't predict the price decline though. Perhaps because you were index by pick axes and shovels and didn't look at the share structure or any other factor working against NBRI???? Mining is only a portion of what takes place within a public penny stock. The other factors can destroy the company before mining ever commences.
It's not believed to be good when that accumulation comes at the expense of shareholders who don't have the ability or opportunity to acquire stock at discounted market rates.
However, some here claim deep pockets which means there could be private placements by those investors that could help slow dilution and protect the share price. Those investors, however, are content on chasing this flaming train wreck all the way to the crash site.
There won't be any sustainable mining this quarter.
Isnt that like 40 million new shares in about a month???
LOL, they need appreciation of the share price not decimation by funders. Last time I checked investing was about making money not cheerleading a stock that has a distinct 3 year downtrend pattern.
Yes I do. 1) private placement where investors purchase stock outside if the common market, directly from the company at predetermined prices. These shares would also carry a restriction meaning they could not be sold for a specific period of time.
The problem is nobody believes in NBRI enough to buy, let's say .10 stock restricted for a year based on evidence that the company will be mining and making money, creating value to the stock that would make the purchaser money.
All they can do is toxic funding where it doesn't matter how crappy the company is because each new payment is based on a discount to an already crappy stock price.
With all the "deep pockets" claiming to be here it surprises me why they don't do private placements with the company which would eliminate dilution and actually show just how confident they are I. The future of the company. It would protect from dilution. But, it's not done which means the level of belief in this company doesn't quite match the level of BS hype.
Now that the share price has returned to levels before the last fluff bomb came out is it safe to say all the talk about "last chance to buy under .02" was just another load of crap consistent with the same load of crap contained in NBRI press releases???
Isn't this number up by over 40 million shares in about a months time??? What percentage in tease does that represent to the previous 165 number because that sure sounds like a massive increase over a short period of time.
When exactly will dilution be eliminated??? As in a specific date range..
Are those real gold nuggets or museum reproductions lol. That area gets cloudy sometimes too. The more I watch this the more I must say I will get some satisfaction out of the collapse of this company. Mainly because of how it's endlessly pushed as if past lies and misstatements never took place. Some are deserving of the loss that's for sure.
Define the "next few days". So far it's been over 1000 days since they totally lied about their continuous mining capabilities.
Why do you have to guess how much gold has come out??? Oh, I know, because NBRI wants you to overestimate it by a lot. It fits better into the fantasy that they will have a continuous mine some day. Why would any company pull out ounces of good and show only grams???? Makes no sense at all.
Wait, you mean the company that was going to be operating a continuous mine at Ruby 3 years ago still isn't doing any continuous mining at the Ruby and is still just releasing more fluff PR's claiming they will be running a continuous mining operation there???
LMAO!!!!! Some things never change.
Really?? Show you a company that says they are beginning operations this quarter LMAO!!!!!
Did you really just ask me to provide you with a penny stock that is making future claims about their business???
Oh, and NBRI said in June of 2011 that Ruby would be a continuous mining operation be the end of 2011 so they lost their ability to be believed when they say "soon".
Penny stocks where the CEO doesn't sell??? There are hundreds of them.
Results not claims is what makes them different and this company has no results to show for all the claims they have made over the last 3 years. Fact!!!!! I refutable fact!!!!!
No. Results is what separates a penny stock from the flock. They all talk about what they are going to do, they all claim they are different, they all pretend to be legitimate businesses.
NBRI is no different at all. Sinking share price, toxic funding, fluff press releases and a message board claiming this is "the one". It's exactly like all the others. Pick any random POS penny and read the first 50 messages and you will see those who swear it's the greatest penny stock on earth and those who say it's just another dying penny stock surviving by selling stock to suckers.
So, do they actually have a revenue stream aside from stock sales/agreements???
Misdirection land eh???? Okay sweet, how about you provide a financial statement from XIMEN, showing their ability to make this agreement a reality???
Does it matter if it's approved today by the TSX??? this is simply a MDA. Much like an LOI or MOU. All penny stock smoke and mirrors describing deals nobody ever completes. Just more fluff.
Yes they have fluffed up press releases for the last 3 years. Making each one sound like mining is just around the corner when, in fact, no continuous Mining has taken place.
It's how all penny stocks operate. Make every PR sound as if greatness is coming. It's how you keep liquidity. Selling stock is required and you don't sell stock by saying continuous mining is not guaranteed and will be 5+ years away minimum.
My post is 100% accurate. It's pointless to argue against it. Penny stock investors buy based on a feeling of imminent success that will pass them by if they don't buy now. Then they become wrapped up in the "story", get caught in a sinking stock price, believe all they are told by the company, buy more, get stuck deeper and next thing you know, 3 years later they echo the company talk word for word ignoring the fact that they bought in 3 years ago believing the company when they said 6 months max before continuous mining of profitable gold.
Bottom line is fluff sells stock, truth chases away penny dreamers.
Hasn't everything thy have done over the last three years supposed to shorten the time to production while increasing production and yet 3 years later there is no production??? Yeah, that's what I thought and that fact is not wrong and can't be disputed.
A mine that was said by Perry himself to be open for business 3 years ago is still fluffing up PR's claiming greatness, gold, tunnels, channels, production and profit yet none of those are taking place.
I'm not going anywhere. When this fizzles I'll be happy to explain how I figured it out long before the supporters.
What they say and what they produce have never be the same. They always talk a big, fluffy, on the verge of greatness game in irder to sell stock to fund their operations. If they said they were nowhere near sustainable mining nobody would buy stock and they would be out of business.
Problem is that they have years and years of "mining in a short period of time" press releases. The stock price has been in a long term decline because the blue doesn't match actual results. As you can see, each new PR results in a very short lived volume increase and an occasional hiccup in the stock price but results are the only thing that will keep it moving up. Lower prices are coming and sentiment from a share pics standpoint suggests that liquidity here for funders is drying up. Never a good sign as liquidity is what drives their funding.
No profitable gold in weeks like you say and they won't be getting nearly as much from funders which will slow their operations down even farther causing a major issue going forward. The "soon" talk simply doesn't float this boat any longer.
Continued poking, mapping and panning won't keep them in business much longer. Especially when this drops sub penny.
Go ahead and mark this post, reference it and watch how it is spot on.
Spanky if I had $1 for every time a pro NBRI poster said "soon" over the last 3-4 years I'd likely have $100k by now even though soon has never resulted in any profitable mining.
Well Malcolm you can look at it from a share issuance point of view. Recent share issuance of 12 million shares and they showed about 370,000 shares worth if gold maximum. So, when you do the math it was certainly not profitable or even remotely owe to break even.
Excitement is not only premature but borders on illogical. They spend millions to show a couple thousand dollars worth of gold.
Much like selling $10 bills for .25 on the street corner.
Perfect can you provide me with a lost of successful mines Perry has run in the past profitably and continuously???
Can you provide me with his experience as a miner???
Can you point to any public company he has run profitably in the past???
What is his experience exactly that you speak of????
Nope I said one could trade this accordingly but nobody who buys and holds for gold will ever profit. The talk of reversal has been going on here since it went below .20 and it will continue all the way to zero.