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Wrong answer. The simple truth is that there is no mining and nowhere in that paid stock promotion letter did it warn that EB-5 funding was required. Not only that but the silliness here just follows Perry's words, ignores his lack of results and refuses to hold him accountable for anything.
His PR is touted as being fact until his next PR which then ignores all previous "facts" and focuses 100% on the new "mining in a relatively short period of time" after finding better target areas.
Forget that the last target was gonna cause a 1000% raise in the pps because this one will be 10,000% so who needs that last stinkin 1,000% that was days away from production LOL
The next PR will be after nothing is found in the current gravel pit and it will be for an even bigger reserve that will create a 20,000% rise LMAO!!!!
Same old same old never changes and the sheep just follow the Shepard to the mill to be sheared.
Here's the beauty of it. To date there is no gold mining, years Upon years after Perry claimed there would be 5 mines.
So, using Perry's own words and his own timeframes he has shown his inability to produce.
Telling me my opinion is wrong based on me using exactly what the company had stated as the reasoning makes no sense. It also makes no sense to use Perry's current words as any kind of ammunition against his previous words when there is no good mining operation providing daily gold to the bottom line.
Endlessly saying "this time it's going to happen" is laughable. Until the day where he has 5 mines producing good daily I'm right and there is nothing anybody can say to rebuke that.
Hell I'll admit defeat when one mine produces profitable gold continuously. But that will never happen.
That's what great about opinions. They vary greatly here. For example, if one believes that there is good laying around everywhere then one must ask why, after 3+ years they are still just poking holes and doing yet more sampling as opposed to mining golf ball sized gold nuggets that some claim litter the tunnels just waiting to be picked up???
Also each and every time they appear close to mining based On previous press releases they simply just out out a new one suggesting a new and better target has been found requiring yet more work before mining.
And the timing of news always coincides with fresh convertible stock issuances giving it the appearance of cleverly worded fluff that covers up their inability to find profitable amounts of gold to mine.
Oh the sub idea as coming. The was was for the sale if those 12 million shares and any others issues since then. The PR said we found gravel, we want to look into this gravel some more so we would like to extend our last "soon" PR into a new "soon" PR as we transition from what we said we were going to do previously to what we say we are going to do now.
So sit back relax and watch funders make bank before the next downturn which starts tomorrow as volume exceeds demand and price starts back into decline. Sub penny trades are coming that's a given.
NBRI reports more gravel as the mining of shareholders wallets continues without interruption!!!!!!! Announces further delays as they need to look into this latest "discovery". Shareholders lap up more shares. Another "relatively short period of time" in a PR. When will people wise up and see that every time an expected timeframe passes they just out out a new PR, dump more stock and say "just a wee but longer"????
The funders thank you guys for the liquidity as they dump millions of discounted shares into artificial price movements.
Bwahahaha just another "relatively short period of time" PR. That's all it was. Hey we found gravel close to where we were and now we need more time to evaluate this new virgin so if you thought we were gonna have good soon like we said in the last we have a new set of delays wrapped up into a feel good PR.
Sucker born every minute. Make an excuse for another delay by making it sound like a fat new bed of gold may be just feet away from where they already are lol.
You gotta love it. Just lapping it up while it's saying more delays are in store.
So when is the reverse skit because that's the only way it ever sees $1/share
So we could all expect something in like 3 years then since that is defined as a "short delay"????
Perfect, expect something by 2017 or 2018 LMAO!!!!!
Only in the penny market does your purchase if shares exclude you from the benefits of public company ownership due to the insiders use of stock to keep controlling interest. Show me a Legit public company where your bite doesn't count and isnt asked for because all matters are settled by the CEO and his funders. LOL you own stock but are never included in corporate matters requiring a vote because those who control the vote will do whatever they choose to do. No BOD oversight, no accountability and no recourse. You buy stock and then Are at the mercy of time who never had your best interest in mind.
lol you can try and spin it all you want. CEO's of legit companies are compensated based on factors related to profits and/or growth.
Being paid endlessly while the company crates no revenues is reserved for the penny stock arena where unsophisticated investors are lead to believe they are buying into something real and valuable.
It's laughable to even try to compare this company with any real company trading on a real exchange that grew a business to a certain level of profitability and worth before going public.
NBRI is a total joke that has spent millions only to delay what it is they set out to do years upon years ago. And along the way Perry and his funders have been making money.
Really??? How much gold exactly has been mined by Perry Leopold?????
Bullshit, companies who turn a profit pay the CEO salary out of profits. Shareholders actually own something of value unlike NBRI.
I am my friend, I am. When you return just full in the blanks and we can determine who is more accurate here.
Since June of 2011 NBRI has _____ of the 5 mines online and producing gold????
Since inception.NBRI has sold _______ounces of gold????
In the last 2 years NBRI share price has declined________%???
In the last week _________million new shares were issued???
Here's the beauty of it. Your required proof that there will be no mining only comes after the company is out of business without ever mining profitable gold. Some use logic, common sense and research to achieve a probable outcome and then invest accordingly.
Others to in blind. If ore all warning signs and then after it falls to pieces realize their money was dead from day one.
It's the difference from being pro active and blind.
Like I said, it will all be clear eventually. Some will learn a lesson and others will blindly follow the next flashy PR to a other total loss. That's how this market operates. They lead you to believe you were invited to dinner but fail to tell you that you are the main course. As you sit in the boiling pot you ignore the heat and text all your friends to tell them the good news of your approaching dinner party LMAO!!!!
Guess what, people will be buying it at .001 too so you are able to say that means people love NBRI all the way to the day it ceases to exist. And you can love it long beyond that day too.
Believing it and making money off of it are two different things. The money is being made already. By Perry and insiders who fund it with discounted stock sales. You can't refute where I stand because you can't refute a 2 hear downtrend, no online mining and no gold.
All you can do is claim "it's coming" and make all kinds of excuses why it isn't already here which only supports my argument that it's all just a penny stock dream fueled by Perry.
1,122 days since the stock promotion letter claimed online mining would commence at Ruby. Still no online mining and no gold. But there does seem to be the mining of about 2 million shares a day to sell to the flock.
Another day of all talk and no gold lol
Belief in this opportunity results in purchase that drive the price up. Disbelief results in sales that drive the price down. Belief is what sold shares at ,22 but skepticism is why people today a stage down continuously or simply buy into this for 96% less.
In other words the belief is now valued at 96% less based on delays and lack of results. This just can't be argued against because the stock price is a direct reflection of interest in The stock/company.
They have been getting closer and closer for years and years but every single time more and more is required, taking longer and longer to get closer and closer. It's a never ending cycle. and nobody believes the bullshit any more.
Isn't that 12 million more since the 24th??? No worries it's only about 2 million shares a day being burned.
Perry is irresponsible for making claims that were 100% dependent on factors he didn't already have and had no control over their receipt. Yes, that's a fact. Now, if he had the EB-5 and was able to crank up the mining, overcome any hiccups with the use of those funds then I'd be okay with it. However he made wild claims based on hi. Having something that never materialized and that is completely and utterly misleading and irresponsible.
LOL look at the chart that's your link. It's like saying not everybody is dead on The titanic because they haven't found all the bodies LMAO!!!!!!
Exactly he isn't losing anything as he can simply absorb the cost into his pay for the year.
This is about the ending. It will trade every day up until the day it ceases to exist. Therefore one could scalp it if they we lucky on hyped momo days but that's it.
The fact that nobody ho holds this stock is holding it at a profit tells the take. Any and all holders are losing money. How much determines just how long they have held out hope. Some are down 5% others 95% but everybody is down.
The fact Perry is incapable of bringing any shareholder value to this stock explains just what his level of competent management of a public co. is. Years to produce something of sustainable value and yet nothing. And the pps is still trending downward.
Perhaps he is better suited to have a private business where he spends his own money???? Oh, wait he would have been BK 3 years ago.
Where do you think the money came from to acquire them???
June. 2011 "the Ruby can be ready to mine in a short period of time". Ruby mine online by end of 2011 and 5 mines up and running by end of 2012". That's Perry and his misleading words. 3 years later not one mine up and running. Not one. That's all I need and it should be all anybody who has ever spent 5 minutes researching penny stocks needs.
Bullshit claims to sell stock and raise money for insiders. Sure he is spending some money on the Ruby but it's obvious he has no idea what he's doing which means no profitable mining.
Feel free to support this company all you want. Enjoy the lesson.
I already know how this will turn out so I'd say anybody holding out with the belief that this company will be mining profitable gold is way out of the loop.
Again, this has been said for years upon years only to be delayed over and over. It's how they sell shares while they fumble around in the dirt.
Perry is responsible for the share price, nobody else. Perry is responsible for his lack of results, nobody else. Perry is responsible for the lack of protection for stockholders, nobody else.
He has been a total failure. Stock from high to low -96%
LOL, here's an idea. It's been 3 years since Perry said online mining at Ruby. How much longer??? Let me guess "soon" right??? It's always "soon" and oddly enough a group of people including Perry and the fibers are making money as all commons lose. Yeah, "soon" commons will be mined of all their money without ever seeing any profitable mining. Count on that and prepare the excuses now.
All the stupid excuses made for a 3 year delay in mining. Endless "soon" comments followed by another cave in or lack of EB-5. The fact is, the company has been consistently utilizing this so called "gold rush" to project a buy now or lose out mentality. Those who have boughten into it have lost up to 96% of the value.
The dream requires ignoring the reality and blaming others for a horrible track record. I find it funny that anybody would support a man who has been so horribly wrong. All he has to do is say "soon" again and the book just goes deeper into their bellies.
Okay now we are getting somewhere. With all that stood in the way of having the Ruby online was it or was it not irresponsible to suggest in a paid stock promotion newsletter that Ruby would be online within a 6 month window???
Would you provide that kind of projection to your clients ??
Of course you wouldn't. What kind of reputation would you have if over 3 years past your own self imposed deadline you were still trying to complete the basic foundation you would be run out of business.
Here it's excused daily as if it wasn't used to entice buyers when Perry had to know that the odds of him having Ruby online in 6 months wasn't feasible.
And yet the word "soon". Was simply used over and over and over and over. Many people seem to have no problem with it. However this company doesn't have endless time to produce.
Would be like your child in need if a new heart and the Dr. Said in June of 2011 that it would be soon and your child would have a new heart by the end of 2011. If by kid 2014 still no heart you would tell that Dr. To shove his "soon" bullshit right up his mine hole.
It's all relative. Those who have money riding here can't seem to hold this company to any timeline and as the pps trends lower and lower more and more excuses are made for it due to the fact that nobody wants to admit to being taken for a ride by Perry.
2 questions:
1) when is that revenue coming exactly because if one says "soon" every single day for three years it isn't really soon???
2) what will the excuse be when "soon" doesn't happen??? Another cave in??? A spotted owl nest???
Cart before horse. Penny stock dreamers talking about their millions when NBRI is down over 90%, can't sustain any price level, isn't mining any gold and fresh round of toxic coverts coming up.
LOL they say the penny market is simply selling dreams to dreamers and this board and stock are a perfect example. Millonaires meeting up on yachts and building mansions LMAO!!!! Look around, the stock is sinking and it's not coming back. But keep on buying because who wants to stop at millionaire when billionaire sounds so much better.
Not with profits from this stock LMAO!!!!
LOL, company loses millions, shareholders losing millions, Perry and funders making money regardless of company or stock price performance.
Funny thing is he probably will be even though he will never have a continuous or profitable mining operation.
Maybe you haven't noticed but Perry and his band of gypsy thief funders are all making money as the pps crashes and burns.
While you kept investing, trying to keep your head above water here Perry banked $100,000 last year off of NBRI. He's doing just fine with this little cash cow, uh, I mean mine LOL
Perry lives in a 3/4 million home that you guys are paying for monthly. You know, the home/corporate office that NBRI pays him monthly to provide.
NBRI has been claiming for years that they will be mining soon. What so you say to those who were living in 2011 when they said mining by end if 2011. What so you say to the people who were living in 2012 when they said 5 continuous mining operations by end if 2012. Ignoring the past and ignoring the endless bullshit claims the company has out out is financial Suicide.
This company hasn't earned the right to be believed. That's a fact.