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Ten cents, they are planning to string it out pretty long so not realized in a year. I would say .01 to .1.
I could be wrong thou
Current Projects
Mt Vernon 100% gold silver platinum
Taber. 50% gold
Fran 50% gold
Murex 100% copper gold silver
Copper Island 100% copper gold silver
Mill
Each project has a book value over a billion.
Meanwhile, a second round of Summer Exploration at North Bay Resources’ Murex copper-gold project is ongoing.
The company has identified a high-grade copper trend running northeast-southwest at the surface and has confirmed the location of the known copper-gold deposit originally developed by Noranda (now Glencore) in the 1980s. Additional sampling is in progress, and a thorough re-evaluation of the property will take place after this phase.
Surface and near surface wording might mean they don't need the same federal approval as underground shift mines. So some could be removed currently.
Mt milligan next to Mt Vernon is actually a copper mine with some gold, so it makes sense it could have lots of copper around Mt vernon
Copper still going up, expect 10,000 in 25 as price, so if any mines have copper that's a plus.
Pictures make it look like a small operation, not great marketing, but pictures less important than gold.
Someone wants it to look weaker, maybe wanting 6s before news. If no news before Wednesday this will suffer.
Could close at 9 with buys, will probably open with 9's Monday. Maybe gap with good news.
Yep, bid about equal to ask now, getting ready for Monday it seems.
Monday someone mentioned it would be Monday, but who really knows how long it will take.if you need shares take 7 or 8, about it for today.
Without a little proping at different levels this would be 4s or 5s, so longs are lucky to have a helper supporting them.
Problem with trading out of order it let's some flip without fear, where some can't flip and be successful.
Also when someone knows the bottom or top beforehand.
Triple ones are coming, maybe in five years, they always come back around.
Scams can be perpetrated by companies, market makers, trading groups, or all together.
The company likely has real gold because of past drill results. That doesn't mean they have the financing to mine it.
Since there seems to be manipulation, there is no telling where this goes. Someone proving up the 7s isn't illegal, but the natural trend isn't being followed, same with stopping it at .001 just before touching .0011.
It is being manipulated. By who, don't know. Can we have confidence in the natural rise and fall, no. You can't trust this. It may run to 3 cents, might stay below .001.
I knew it was manipulated when the order of buys and sells were broken. Institutions placed ahead of retail in the buying order.
It will keep going down without better news
The whole issue with running it to .001 then letting it fall to half that, is it is hard to retrace the dollar volume with the same news.
A good assay won't raise it. They made their money and left.
It will take more than an update. It needs news of production. Revenue. Little nuggets aren't moving it much. I think the street is tired and bored already.
Probably already processed, waiting on stock to bottom for news release. He said within 24 hours like 3 days ago.
Dore bars are normally 400 Troy ounces, how can one be made with 44 oz? Doesn't add up. They must be making little tiny ones.
Something bad? Maybe assay below an ounce? Anything could make the price collapse. A flat tire on the 4 wheeler.
When will the next 44 tons get there?
I own several mining stocks so I don't need this one so much, but it is the best sub play around. But I don't like manipulation and collapse, since you can't really tell what's coming next.
Buy at 1
6s, then 1s,
If you are a company needing cash, would you make gold bars or sell for cash?
Most mining scams show gold bar pics, they can buy them or even borrow them for a pic, most real companies have gold bar pics at some point. You can't know for sure with a pic.
Pics aren't the end all of themselves.
There must be a paper trail.
Keep in mind they don't own the mines till paying the million plus payments.they have a ways to go. They could pay 3/4, have an accident, close the mine, sell to another.
Still could be a scam. Can't know with a pic.
Let it run, make everyone some money. It isn't a scam till they default really. That is when it becomes a scam. Till then no one can know what's in their head.
Filings help.
Pictures are good, filings are better. Revenue in the millions will make her go higher. I don't doubt they have 44 tons and it will have gold.
How much, how much to produce, has the feds cleared production, are they going to collapse the mine like the Ruby???? Etc all they are doing now is surface.
The assay of the area between veins is half oz per ton, which is good, anyone could mine it profitably at that concentration, but 2 oz per ton is really worth buying into.
I guess the pics mean the ore has arrived and is being processed. But no news means they still want the stock to fall. Someone hasn't bought in yet? Who is waiting to invest?
Fake wall at 9 this morning cause it kept appearing and then disappearing, they didn't want it going up I guess. Someone showed a 20 mil sell order without news. Just didn't make sense to me.
I can't prove it was a fake wall.
Maybe yall got cheapies because of it.
Looks like getting some of the ask at 9 down to 8, will thin 9s out a little before news. 7s are the base it looks like, the 20 day moving avg. If news delays or isn't good then this could fall more.
It was stated in the August article they would do bulk sampling in the fall, now they are.
At this rate will take 20 days to hit .001, but news should lift volume if it is good. Could come before Monday, but not sure of that.
Just hold, not much else to be in, doesn't seem to be going down. If it does buy a few more.
No news, dumpers at 9 killed the vibe, chew thru the 9s we should be good.
Twenty years of work allowed stock price to bottom, but now is coming back. Hal oz per ton between the veins, 2.2 oz in the veins.
Copper is doing well since evs use 4 times more copper than gas vehicles.
The .45 g/t gold is like 1/12th the gold the nbri mine has. It does show that .45grams is minable.
I'm expecting way over their .45 grams, more like 10 grams. If we hit 1 oz avg we will be golden for at least a year. 44 tons × 52 weeks = 2200 so you could haul 2 loads per week for a year and not clear the 5000 tons of surface.
Add that to the other mines.
Sellers at 9, plough thru 9s and kaboom.
Could close 1 with buys, should get shares before the news. Only way to bank. Once news hits you will chase. If it's good news.
It can always be a risk but this is one of those 60/40 risk reward scenarios. Should be positive news.
I want to see another acquisition by thanksgiving.
Touched 9 on 22m volume, pretty easy to move with good buy ratio.
9s about here, I love it when stocks rise without news, shows the buy/sell ratio allows the run. When news comes, if good, it can go up with bigger volume. .002 is closer than we think.