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SSOL (.014) poised and ready for a nice jump, MM trying to pick up shares.. 10k out. Last call before we start rolling on volume.
Solar Solar Solar
lol bro SSOL is GOING TO SKYROCKET those are the codes totally forgot..thats why they went to .014 today.. possible exposure planned out with an upcoming PR.
No negatives here to bring this down expect another "E" fiasco.. lol
We expect that implementation of our new technology will reduce the
overall cost of the solar power system to a level that is less than or at least comparable with fossil fuel energy sources in the near future.
I mean is it clear enough yet? these guys arn't your run of the mill types.. the CEO is like the same as "Harvard" trained. This is a really savvy company and the more I read this 10k the more it shows that these people are AGGRESSIVE for a slice of pie here.
I like this part:
We believe that deployment of our new technology to increase the panel efficiency will reduce solar panel cost per watt as well as the total
system cost. As an example, in the current U.S. market, the cost of thin-film solar panel (a-Si) is approximately $1.1/w~$1.4/w. The efficiency of
the module is around 7%. For instance, a-Si thin film solar module TW-SF 95W produced by the Tianwei Soalrfilm is rated 95 watts output
power. We assume the manufacturing cost for this module is $1/w. With the commercialization and implementation of new solar technologies,
such as our patent-pending technology, the efficiency of this module can be increased from 7% to 10%, which in turn will increase the module
output power from 95W to 135W with the same module size. So the solar panel cost per watt will be reduced to $0.70/w compared to $1.0/w
before. The customer could save $3,000 for a 10,000 watt solar power system based on reduced solar panel cost only. Plus, with higher
efficiency solar panels, the racking and electrical accessory cost of the system will be also reduced because fewer panels will be used for the
same system size. The total system cost could be reduced over 30%. We expect that implementation of our new technology will reduce the
overall cost of the solar power system to a level that is less than or at least comparable with fossil fuel energy sources in the near future.
btw 10k out
btw that was for the cynics out there, since it takes a cynical view towards SSOL instead of just hype.. but still no negative side of this stock to be found.
IMO go long and wait for TianWei merger sometime by the end of the year once revenues are solid and SSOL has established itself more predominantly as a Solar "wholesaler/distributor" .. remember installation is not where the majority of the money is in Solar..
Old SSOL article: before our current PPS
source: http://www.altenergystocks.com/archives/solar/solar_photovoltaic/
imo this alludes to the same thing I am thinking. TianWei buyout of Sunvalley.. its like it was meant to be! Thats where we will see the $$$ as one of China's leading solar developers will gain a great foothold into US markets.
------------------------------------------------
January 12, 2011
A Solar Penny Stock Worth Watching?
Dana Blankenhorn
As a rule "penny stocks," public companies routinely selling for less than $1 a share, and sometimes just a few pennies, make me nervous.
While the intent is laudable – to give small investors a chance to bet on long shots just like the boys on Sand Hill Road – the result has always looked like a rigged casino.
Because of its low capitalization and small float it's easy to “pump and dump” a penny stock, boosting its value with some publicity, then selling it short. And if the deal were worthwhile, why isn't the smart money in there already?
Needless to say I would never buy one.
Over the holidays I spied a release about Sunvalley Solar, a California company that says it has filed a patent application covering what it calls a more efficient solar cell design.
“Because of an array of nanostructures with space varying periodicity and orientation, the Sunvalley patented solar cell is less affected by the spectral wavelength, angle, and/or polarization of the incident light,” the release said.
Pretty opaque. But it seems to mean that the structures in this cell face in different directions, allowing a cell to be efficient on a wide variety of solar angles. Cool.
So I did some research on Sunvalley and found they're a penny stock, trading over the counter under the ticker symbol SSOL.OB. (Not just a penny stock, but its shares currently sell for about four-tenths of a penny each.) Got my "spidey sense" tingling. I decided to look at it some more.
The Web site features a highly-educated collection of Chinese-Americans, most with degrees from Beijing University or Tsinghua University. In Chinese these can translate as Harvard and Yale, or Cal and Stanford. But you can be robbed by someone from Stanford as easily as one from Texas A&M in Kingsville. (Go Javelinas.)
Sunvalley also has a manufacturing deal with Baoding Tianwei Solar Films, southwest of Beijing. Tianwei is tied-in with Tsinghua University with an educational program and Sunvalley CEO Zhijiang “James” Zhang is a Tsinghua alumnus.
So it's real on the front end. What about the back?
CEO Zhang says he needs large-scale manufacturing to proceed with his Green Farm Solar Investment Program in the Imperial Valley of California. The idea is to use government incentives to help finance thin-film development on land owned by date producers like Seaview Packing and Leja Farms, who aren't using all their sunlight.
Real on the back end. Sort of.
Zhang believes thin film is better for these desert locations than crystalline panels, even though they are less efficient. The patent allows his panels to maintain this efficiency while remaining stationary in a field surrounded by plants.
That's his story. Anyone buying?
It seems like Sunvalley has a business model, waiting customers, it has what seems like a new technology and a legitimate manufacturing partner lined up. I would still call it a long shot -- if its prospects were really that great it would have investment bankers crawling all over it.
As best as I can determine, Sunvalley decided to take itself public by buying-out an Edmonton-based outfit called Western Ridge Minerals in a reverse merger. This could let it raise capital while directors retained control. With 800 million shares it has a market cap of about $3.7 million.
It could still be a scam. Heavy promotion caused the stock's value to rise in September, then it tanked again. Words like "shady" were used in describing it around Thanksgiving.
Some things that look like scams are. But some aren't. Which do you think this is?
Disclosure: No Position
Dana Blankenhorn first covered the energy industries in 1978 with the Houston Business Journal. He returned last month after a short 29 year hiatus because it's the best business story of our time. In between he covered PCs, the Internet, e-commerce, open source, the Internet of Things and Moore's Law. It's the application of the last to harvesting the energy all around us he's most excited about. He lives in Atlanta.
Posted by Dana Blankenhorn at 05:26 PM | Permalink | Comments (0)
I called them last week and spoke to Shirley.. she said the news would be out once the financials were released. She also indicated work had begun work on some of the contracts. I know they are busy so I don't wan't to call every week, but if there are concerns and questions please list them and I will contact the company and try to see if they can address them.
SSOL nice green close
Nah people cashed out.. told ya there was gonna be flipping today. This will happen up until Thursday.. hold your shares
Knew it, always at the top of power hour there is some bs trade like that. Low volume yeah.. but when the volume comes in there will be no holding the PPS back.
If we had 200M volume right now this board would be on fire.. it will happen... just not today =)
how do you expect to get 2m at .0005 in one trade? This thing has been locked up tight for weeks now with only a few trades going out a day.. imo this thing would be at at least .001 if it weren't for some kind of MM hold up.. which brings me back to my original point.. how do you expect to get 2m in one trade?
imo you should just put in a .0006 limit order.. it might get filled in one shot plus you would have raised the value of your 2m by the time they are done filling your order in the .0006's
either way I doubt your order will get filled in one day though .. not unless they go down to .0004 for another load.. and then remember they arn't going to buy a 2m order just to get the price back to .0005
all this imo
and i'm crazy to take it for what it is =)
Don't get caught holding the bag at the end. MMTE is hot but some of these new players coming in today are not so be on the lookout for some EOD selloff maybe even lunchtime.
strong hands
all imo
go MMTE
CBIS no flippers buy and hold this one. It is not about money but about getting legislation out to stop this sector from expanding.
BS pharma gets to sell poison pills.. but CBIS cant sell hemp oil in every state?
gtfo
GO CBIS and go MARIJUANA
Did someone say GOLD? NBRI setting us up for a preview of its awesomeness with just a little bit more volume.
We get some serious volume in here this price will never fall below .10
imo of course
Patience PAYS. I am sitting here watching a green stock I sold last week SOAR 50% on crap news. Same type of volume as SSOL, I just felt there was somehting wrong with that company so I sold after a few months of holding. I second guessed my original DD and sold myself short.
I won't let go of SSOL for under .10, that number represents what the company is worth to me given both the company and the CEO's relationship to TianWei.
Secondly, earlier projects they have completed have demonstrated their capacity for client service/support.. this is what one customer said:
Sunvalley Solar is a very professional company. In my career I have dealt with many clients. Many of them only want to make a sale and then they disappear. Sunvalley Solar was honest from the beginning and has without a doubt the best customer service than any other company that I have ever seen in my 30 years of business. It has been over two years since we have made one of best investments, solar power, and Sunvalley continues to be in contact with me as they continue to monitor and inspect my system as promised.
- Jerry, Owner of Premier Foods (as per sunvalley's site.. I will call Premier Food and Oil to fact check the quality of the work done)
I regret selling that stock that is up now 50%+ on volume, and I sure as heck do not wan't to regret this one.
Nothing in life is guaranteed, but you sure can get close to a safe bet. SSOL is one of those.. this stock is still UP since January
SSOL this one really is
LONG and STRONG
(all info imo, any concerns PM me and we will get them resolved the best we can ~ I am only as good as my research btw GLTA)
dude relax he is just keeping the info out there for any potential investors. The reality is we have had a lack of volume for some time so we need eyes, and if he is posting information relevant to the conpany then it should be taken for what it is INFO.
anybody knows anything knows to look at edgar for up to date news not some forum. BTW you are making it sound like he is dressing up the stock to make it look better.. . show me where journie has done so..
glta
SSOL time is money
NBRI (.083)I wanna see some ASK slapping, NBRI is gonna break a dime today.. opening at .08 and .10 by lunch.. .15 by the bell (all in my hopeful "imo")
oh noes there goes the .018
LEts slap that ask SSOL(.018) at the bell
Today we find out the difference between week vs strong.. flippers will be flipping their EOW shares for their partying this weekend so........
4999 guy if your out there, I got your back as soon as some more funds clear
[Insert pump about SKGO]
Bleh
this stock takes FOREEEEEVER
SSOL lets pick up some steam and crush any shorts with a good PR and some eyes
Shorty come get some,
Once people see what this company is really about your gonna lose your lunch money kid
furthermore a bear more on SSOL or any green stock is a bear move on your damn future. We need these companies to gain the capital to get more projects completed.. or else were going to be really SSOL in 20 years when we gas is 100k a barrel.
Sunlight + Solar panel = Free electricity
it is hard enough to get this tech installed without morons shorting companies actually doing the work of getting the word out about solar and reducing costs for people like those farmers in Palm desert.
I live in the sunshine state and we have very little solar.. wtf
FREE energy
FREE
energy
FREEEEEE energy
its FREE
FREE
Sunlight = FREE electricity
FREE
(sorry for the rant)
Doubt SSOL is being shorted? this might be some proof:
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?cntry=usa&tag=United%20States&ib_entity=jp&ln=&asset=&b=SPW&e=STI
I clicked SSOL and it came back with a 250'000 availability.
what kind of a low-life shorts a solar play
or her in case its a female placing those orders
go $SSOL(.014)
well he cleared those pesky .0135's someone help him and smack the .014
hilarious 10 packs of 4999 to save the day 2 times? lol whoever it is I love it
go SSOL
L2 looks thin, gonna use my last 30 bucks to slap the ask once should move us to .013, hopefully we get buyers.
GLTA will check back in around noon.
or a History channel reality show about gold mining
that = win
=)
I know the L2 went wild like 30-15min before closing.. cant remember exactly when. I saw totally different prices for about a min and then the old L2 came up.
Something has been fishy since the "E".. I still don't get why the SEC was so quick to put the "E" on SSOL.. they had financials in June.. so why jump the gun with the "E"?
Not saying there is a conspiracy, but def someone tried taking a shot at shorting SSOL and failed
possible reason for the after hours SSOL(.016) imo:
Someone tried to short the stock and take advantage of the slow movement after all those contracts (any other stock would have continued to climb and hold at .03)
Think about it easy:
The .016 sale was the short being paid back to the broker at the price it was initiated.. .016.. to about .012.. @3000 shares. It is not a lot of money, but expect more of those shorts to cash in now since they have pretty much used up their time before news hits.
I definitely would not be wanting to hold a .016 short of SSOL atm as all it would take is a simple PR of a new contract to get it to .02 - and thats not considering all the other stuff happening in April like the Chinese Solar expo.
((( all imo ))))
(OTC showed a small short interest in feb I think, but maybe its more)
btw another thing about SSOL.. this is one of two stocks in my portfolio that I refuse to sell at a reg flip profit... because I know that even with silly dips this company will finish off the year better than it began it.
SSOL = Love
my advice buy and hold. I think were going to see a sweet run here.. eyes are gonna turn our way very soon.
When you think about it, the whole "E" thing might end up being a positive. I know ive picked up cheapies and so have others..
know what you own
glta
go SSOL
someone slap that .06 before I waste 10 dollars on a 20 dollar trade =)
NBRI = Looove
NBRI rough German article translation:
(lol its very rough but you can get the jist of it.. its basically about how Ruby mine has produced in the past, its expected to produce more and its a great investment imo)
Who does not like mining stocks,
the one for a song
can buy and yet everything
Other than worthless. In
autumn of 2008, Crash
it en masse such opportunities,
but few at that time attacked
and currently have the recovery
the world economy and because
of fiscal policy "easing"
almost through the roof
continuous gold and silver prices
such opportunities for the daring
Speculators rarely done.
Sometimes, however, does run
However such an opportunity
across. This small company
has an option of
a California gold mine closed
in the past
phenomenal Gold Nuggets
brought forth the largest 201
Ounces heavy. Some of these nuggets
can be admired in museums
be.
The mine delivered since the time
of the California Gold Rush
Mid-19th Century about
250,000 ounces of gold, which they
because of the long-time low
Gold prices are not consistently in
Was operating. Was last here
The mid-1990s, won gold,
the prices were too
low, so that in the standard of maintenance
had to go.
Said Ruby Mine is fully approved,
what in the United States an immense
Advantage. The plants
the last operator in good
State and have a
Replacement value of approximately
$ 3.5 million.
In the summer of 2011 the Ruby
Gold Mine go back into service
and after several months of start-up phase
about 1000 ounces per month
To provide for future expansion
to 2000 oz is provided.
Gold dwarf with multiplication potential!
Jan Kneist
H O R T S O F F A C T I N E
www.rohstoff-spiegel.de - 07 - 6 Vintage | 19:03:11 - Issue 06/2011
Source: North Bay Resources Inc.
One might object: what are
1000 ounces per month or
12,000 per year when other
Companies deliver a multiple?
The question is more than justified,
only it is relative considering
found that for this company
a possible sales
16.8 million (12,000 ounces a
$ 1,400 / oz) and certainly
expected gains a good
H O R T S O F F A C T I N E
Market capitalization of less than 5
Million USD
faces! Now maybe
clear why this company
In fact, the chance
offers high gains.
Because it is almost unheard of!
The gold mine is not
the only asset of the small
Company - it has yet
on numerous exploration projects
in British Columbia, the outstanding
historical samples
of gold, silver, PGM, rare
Earth have, etc., but long
no modern exploration subjected
were. Two of them
are currently in joint ventures, where
The partners Silver Quest Resources
(At Fawn project) and Lincoln
Resources Inc. (the Coronation
Gold Project), about 3 million
USD to invest and North Bay
Option payments have to make.
Other JV's are still in negotiations
and one can only imagine
which is to raise here,
if funding for further work
become available. And just
which had been the sore point
- No resources.
Background
North Bay Resources was in its
present form, set in 2006.
It was previously a business
in the media industry,
dealing with new management
the resources sector turned.
The current CEO of the company,
Perry Leopold, developed
the so-called generative
Business model, the early
Proceeds from the projects
will bring, even if they
are not yet in production. On
this way, the dilution
be kept to a minimum.
This business model has been
In early October 2010 with the
Acquisition of the option to buy the Ruby
Gold Mine expanded. Using a
Equity credit line from Tangiers
Investors, LP over 5 million
USD and a credit from the
EB-5 Green Card program
$ 7.5 million to purchase the mine,
put into operation
and further acquisitions by-
German Investors Fair - The Financial Fair with event character
Friday 6 and Saturday, 7 May 2011 respectively 9:30 bis 18:30 clock in the Forum Messe Frankfurt
Organized by: Exclusive Premium Partner:
Finance - enjoy Finance
Register today at: www.deutsche-anlegermesse.de
Sponsors: Partners:
Dr. Friedhelm Busch, Hermann Kutzer,
Dr. Bernhard Jünemann, Raimund Brichta
and Stefan Risse, the stock market Dinos!
Saturday, 07.05.2011 17:15 clock
Markus Koch
Wall Street expert
from New York
inter alia Friday, 05.06.
11:00 Clock
Financial Koch
Arena
Saturday, 07.05.
Lecture 13:00 clock
Sybille
Schoenberger
Germany
youngest star chef
Friday, 05.06.
11:00 Clock
Financial Koch
Arena
Dr. Thomas
Schäfer
Hessian
Finance
Opening Speech
Friday, 05.06.
10:00 Clock
Marc Tüngler
Managing Director
DSW
DSW Talk
Friday, 05.06.
13:45 Clock
Mick Knauff
TV presenter
for the DAF
and N24
All day
Stage Moderation
Hermann Kutzer
Financial Journalist
All day
Stage Moderation
inter alia Panel discussion
Friday, 05.06.
17:50 Clock
Stefan Risse
Chief strategist CMC
Markets
Panel discussion
Friday, 05.06.
12:30 clock and
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Christoph Brüning
Commodities expert
and author
Panel discussion
Commodities
Friday, 05.06.
16:40 Clock
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Manager and
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Friday, 05.06.
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Celebrity Talk
Sponsors: Partners:
Ad
www.rohstoff-spiegel.de - 08 - 6 Vintage | 19:03:11 - Issue 06/2011
be performed. By Ruby
Mine one is now in the process, a
used to be very profitable asset to
a very reasonable price back up.
The Ruby Gold Mine
The Ruby Gold Mine is located in Sierra
County, California, between
Downieville and Forest City in a
wooded area. It includes
a total of 1755
Acres (710 ha) of patented
and unpatented claims. The
Mine has a turbulent history
behind, the large with the
California Gold Rush to
1850,. The recovered
Gold in the area comes from
Tertiary gravel deposits that
is a superimposed prehistoric
River system assigns. In
the 1860s were in the
Near present-day Ruby project
several mines to reduce these
Gravel layers built. Since
Ruby is in the central part of this
gold-bearing gravel was,
was here in 1880 created a portal.
Between 1880 and 1889
produced, the Ruby Mine then
86 500 oz of gold from these river channels.
The interest in reducing
these channels suffered because too
rich veins of gold were found.
The early 1930s was
the gold price is high set by decree
and interest in
these gold deposits was alive again
on. C.L. Best, co-founder
Caterpillar, acquired the Ruby
Mine produced about 58,000
oz, to the mines in the 2nd World War
be closed again
. Had increased after the war
the costs rapidly, gold was
further at 35 USD / oz fixed, the
www.rohstoff-spiegel.de - 09 - 6 Vintage | 19:03:11 - Issue 06/2011
H O R T S O F F A C T I N E
Reduction unprofitable. The Ruby Development
Company leased
the project in 1959 and bought it
1966th The farmers are working in
the years from Lawry
Manhole at Black channel.
The Brush Creek Mining and Development
Company leased
Ruby In 1990, to 1995 extensive
Repairs
through expanded and enhanced
the mine tunnel, the ventilation
etc. and built a
new washer and quartz mill.
To 30 June 1997
Sun invested 4.55 million USD. Nevertheless,
the production was due
of the low gold price low,
modified slightly in 1998
mined. Eventually went
Brush Creek and the bankrupt
Project fell back to the Ruby
Development Company (RDC)
it to this day in
Maintenance condition holds. A gold price
from the current $ 1,400
makes the historic mines
again very interesting. North
Bay Resources secured the
Call option in October 2010 and
in the coming months
Preparations for the mine operations
. Perform Since the
Financial resources have always been the
sore point was, the Si-
Source: North Bay Resources Inc.
cherstellung funding for North
Bay will be the kicker.
Financing projects
Detail
For the Mine of North Bay
RDC $ 2.5 million in rates to
30 to pay December 2012.
First payments 50,000
USD and 10 million shares (valued
150,000 USD) were
made in 2010. To 30
June 2011 to be North Bay
finally decide whether the
wish to exercise option. From February
June 2011 North Bay
to pay $ 140,000 and then
$ 85,000 per month
to the 2.5 million fully paid
are. The previous option payments
and shares
on the purchase price fully credited
interest on the outstanding amounts
with 3%. Where does
the money?
North Bay engages in the purchase and
the commissioning of the Ruby
Gold Mine back to two sources
- One shares credit of 5 million
USD of the California company
Tangiers Investors, LP,
Subsidiary of Tangiers Capital,
Http://www.acgcompanies LLC (.
com / tangiersfund.html) and
a 7.5 million line of credit
the EB-5 program. The 5 million
Credit is already available,
EB-5 for the commitment expected
you at any time. Tangiers'
Line is used primarily to ensure
the option payments for the
Ruby Mine. The 50,000 USD from
2010 North Bay paid by a
Convertible bond of Tangiers
(Conversion price is the 10-day
lowest traded price
www.rohstoff-spiegel.de - 10 - 6 Vintage | 19:03:11 - Issue 06/2011
H O R T S O F F A C T I N E
of shares). The $ 5 million equity
Line of credit works much
and serves as a bridge financing,
until the credit for the EB-5
Available. Will North Bay
access to credit, then
maximum for each $ 100,000
high installment within 10
Days 90% of the lowest 5-day
Average price before
the announcement
to be set. The higher the
Share price, the less so
the dilution to North Bay.
Overall, North Bay has it
19.73 million shares reserved as
the line but only as a bridge loan
for the EB-5 Financing
is used, it is very likely
that only a fraction of those shares
is actually spent.
If the amount to June
$ 140,000 obtained in this way,
Are the current rate
of about $ 0.06 2.33 million shares
issue. The main component
the whole financing
but describes the EB-5 program
dar. It is a federal program
of 1990, whereby private
Foreign investors
Funds in new ventures
invest in the U.S. and
for a permanent residence permit
. Get The
Deposits per person amount
500,000 to 1 million USD. The
Program by the United States
Citizenship and Immigration
Services (U.S. Bureau of Citizenship
and immigration,
"USCIS") managed. Since the founding
was on this program
more than $ 1 billion invested.
And approved by the USCIS
"Regional Center" is
an economic unit, the
to the Economic Growth
and job creation
has prescribed.
North Bay, together with
ACG Consulting the request for
the creation of a new regional center
in Northern California
provided that the promotion
to devote the mining industry.
This would allow North Bay
other historic mines purchase
and again in production
. Take
Until approved, this new center
and funds from the EB-5
can forgive, but we want to
Acceleration of re-entry
the Ruby Mine to
an existing center resort
- The Northern California
Regional Center, LLC
("NCRC"). NCRC has agreed
and mining projects under the
to care for EB-5 program and
North Bay in January 2011, all
necessary documents submitted.
It lacks only the confirmation
the USCIS for a geographical
Expansion of the Regional Centre.
If this green light
comes, the agent (after
Examination of the applicant by
Department of Homeland Security)
flow and after statements from
North Bay are particularly Chinese
prepared in this way
want to become U.S. citizens.
Are the EB-5 means available, is
No further issue of shares to
Tangiers longer necessary. The
EB-5 diluted NOT the credit
Share capital, it will run over 5 years
and is composed of net profits
the Ruby Mine returned,
interest on the outstanding amounts
with a maximum of 6%. Up to 3 million
Credit must be repaid,
80% of the net profit for the eradication
be taken, then
70% to complete
Repayment.
Mine operation
To operate the Ruby Mine was
a new operating company
founded the Ruby Gold
LLC, at the North Bay and 60%
ACG 40% hold. According
are the profits distributed
minus 0.75% for Tangiers
and 1.5% for the NCRC, which
58.65% of net profits are
for North Bay.
With the $ 7.5 million of
Remainder of the purchase price for the Ruby
Mine be granted and the commissioning
and wage payments
disputed in the initial phase.
North Bay calculated here
deliberately conservative. They want
with a team of 15-20
start and end of the first
Year of operation reached 45, at
End of the 2nd Year about 60 men
At the end of the 1st Year, the
Production reached 1000 oz per month
a year later, 2000 oz.
It will ensure the well-known
River channels break down.
Rating
To the profit rate and thus potential
to determine from North Bay,
need some assumptions
be taken.
1. The open licenses
USCIS will be the end
May be granted 4 million EB-5,
retrieved in August, of which
be 2 million in the Mine Purchase
and 2 million in repairs
invested.
H O R T S O F F A C T I N E
2. Option payments
$ 215,000 by end July
be carried over Tangiers
Shares at $ 0.07 (3.58 million
Units financed)
3. 15 miners and a mining engineer
be from August
employed (5-8000 USD
Month per person) to 5 persons
every few months
growing, 30 men from Nov.
2011, 60 from July 2013.
4. From 2012, the staffing costs
(2012: 3.4 million and 2013:
$ 4.5 million) and other
Costs (depreciation, etc.)
Part of total costs.
5. The first gold production is
in November with 300 oz
rather, it month by 100
oz growing, from 1000 oz
June 2012 July 2000 oz
2013th
6. The gold price is at 1400
USD / oz assumed fixed.
7. Interest and principal accounting
at the end of the year, interest
reduce net income
It is clear that in the first
Years because of loan repayment
only a small profit
remains for North Bay. Man
Do not forget that it
without this credit at all
would be no profit and
no further dilution of
Share capital held. The
Simplicity, with a
Number of shares of 100 million units
www.rohstoff-spiegel.de - 11 - 6 Vintage | 19:03:11 - Issue 06/2011
2011 2012 2013 2014
100% attributable
Production (oz) 700 11 500 22 400 24 000
Gold revenue
(A 1400 U.S. $ / oz in
Million U.S. $)
0.98 16.1 31.36 33.60
Staff costs
(Million U.S. $)
0.82 - - -
Weighted total
Cost per ounce (U.S. $)
1,343 1.091.75 794.87 750.00
Credit open (million
U.S. $)
4 7,5 5.02 -
F. loan interest rates
(Million U.S. $)
0.1 0.45 0.30 -
Loan repayment
(Million U.S. $)
- 2.48 5.02 -
Net profit after
EB-5 Redemption
(Million U.S. $)
-0,06 0,62
8,23 15,60
Dividend NB
58.65% in million
U.S. $
0 0.36 4.83 9.15
0.0036 0.0483 0.0915 EPS
Fair price for
P / E 10
0,036 0,48 0,92
expected, which reckons with Tangiers
and Warrant Exercises
by RDC.
All assumptions are
very careful! Production
may occur earlier and faster
be raised, the
Gold prices can be significantly higher
are the total costs according
lower. Nevertheless, results
itself with these assumptions
a high upside potential.
Summary
- North Bay acquires a mine in
good condition with facilities
with a replacement value
3.5 million USD
for
$ 2.5 million.
- The mine is dry, fully approved
and is known for large
Nuggets, resources
be at 500,000 ounces (not
NI 43-101 compliant) estimated.
- Qualified personnel are problems
to get.
- The venture capital firm
Investors will Tangiers
provide a bridging loan
and a major shareholder.
- A non-dilutive fixed interest
Financing for ACG
the EB-5 program is directly
before the final
Approval.
- Extremely low market value,
with low equity float 58.35
Million.
Conclusion
North Bay offers a story that
is not commonplace and the very
promises high gains. Certainly
is the final approval
for the extension of
NCRC not yet arrived,
but a rejection is highly unlikely
- Just think
the labor market in California -
and if it happens, it will
still remain of the
North Bay and ACG to be established
own new regional center
or equity-loan
Tangiers, of the Mine Purchase
and to start production
at the expense of higher dilution
sufficient.
Courageous investors engage in
current rate of limit orders
on the OTC market (still no trading
possible in Germany). Who
slightly risk averse, is waiting until
the NCRC approved.
As usually in the course already
the profits of the next few years
are priced, can North
Bay to autumn-winter this year
well at 0.25 to 0.40
Record USD per share, of course
depending on the company's progress.
In the longer term is even
much more to it, positive surprises
exploration projects
in B.C. and further mine acquisitions
einwww in California.
resource-spiegel.de - 12 - 6 Vintage | 19:03:11 - Issue 06/2011
H O R T S O F F A C T I N E
calculated! An opportunity to all
early to be there.
About the author:
The studied Certified business deals
with since 1994
Precious metal markets and analyze
For several years, mining companies.
His specialty
are Canadian exploration company.
Performance - 12 months (OTC BB) - Price in USD
Price $ 0.055 OTC BB
Macap 4.62 million USD
WKN A0NDBC
ISIN
Symbol OTC BB NBRI
Website
US6574881024
www.northbayresources.com
North Bay Resources Inc.
NBRI article from Germany is very interesting, I was trying to translate it to post, but was able to at least get the NBRI portion out so anyone can translate it through google if they like.
http://viewer.zoho.com/docs/h1Jyi
will be up for a week.. if anyone needs the full pdf emailed let me know.
$SSOL people are noticing this boat, if volume picks up during PH we will see a green close imo
lets go $SSOL easiest Solar play!
L2 4 buyers 2 sellers
SSOL has already begun working on their contracts, once those jobs are complete we are going to be looking at some nice numbers. Just chill and look at the bright side of the situation. The more you load up at these cheap prices, the better you will average when this hits .03-.05 and beyond to .10 by the end of the summer.
Watch for Solar incentives etc to move this stock up.. the company is doing its job..installing solar panels.
Exactly bruce.. germans are savvy and are more than capable of jumping into a sweet play like NBRI... this is gold hot commodity worldwide at a discount price
Easy .50 by dec imo like previously stated. If I had more money id be swallowing anything under .07
NBRI All es klau eh you are right about germans being conservative.. lived there for a few years stationed in bamberg. But you underestimate the gold market.. yes its a penny stock, but to gold investors who are for the most part conservative this is a great play.
Germans play smart if they have access to this stock I would not doubt for a second a group of savvy investors jumping on board... especially since some mil ihubber might be out there touting the good plays who knows?
Remember assumptions are like .........
SSOL is picking up volume today, 500k already... be prepared for a run here if we get higher than 2mil on volume before PH
all imo
gogo SSOL