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JCMoney:
Holiday weekend coming up - - any trading will be limited with the big boys at the Hamptons. The next week will signal the start of NBRI's rise to higher PPS.
Walt Calahan
JCMoney:
I haven't the faintest idea and therefore can't supply an intelligent reply.
Walt Calahan
JCMoney:
For every buyer there is a seller. Where are they finding all these shares, particularly the large blocks ? I'm not complaining because we are long overdue for reconition by the market, but the PPS is not moving up with any pace. JMHO
Walt Calahan
kizoo:
Manipulation is manipulation if it enables someone to acquire shares at a lower PPS through unusual trades. This is my observation of the week's trades, and it appears it is not shared by you.
Walt Calahan
fade:
I feel better when you added "maybe" - - Ha! Hold'em.
Walt Calahan
JCMoney:
Someone or some group does not share our enthusiasm and that of Ryan's for NBRI shares. I have searched for an answer, but I'm completely baffled. All we can do is hold what we have and let these screwballs trade among themselves. This is the only explanation I can come up with. JMHO
Walt Calahan
kizoo:
The PPS swings this morning just don't make any sense - manipulation appears to be the order of the day. How long this trading pattern continues is anybody's guess. A lot of hype by a bunch of stock flippers looking to sell at the first significant PPS pop means we have a price ceiling. NBRI must have a major announcement before any substantial share price takes place. JMHO
W A Calahan
Orca:
One of CEO Leopold recent PR' suggested the application for listing on the OTC BB would take place sometime in the fall of 2009, while the "big apple" contract was terminated in 2008. Suggest you do some DD to confirm.
W A Calahan
Kurupt915:
I think it is safe for me to say that some SOB's are manipulating NBRI's PPS for some nefarious reason only known to them! This little "Gem" deserves better treatment, IMHO.
Walt Calahan
Kurupt915:
To be honest, I have no rational explanation for NBRI's PPS/volume action lately - - just trying to figure it out by asking questions. Perhaps it is just being "over hyped" by some enthusiastic share holders. Thanks for your continued posts.
Walt Calahan
kurupt915:
Thanks !
W A Calahan
kurupt915:
Seem strange that NBRI can't get out of its own way even with all the positive posts lately. What is the short count ? Is it increasing ?
Walt Calahan
Risicare:
I'm a believer in the potential of NBRI and the skill of its management and do not plan to sell any of my shares at this time. That said, the present PPS reflects the attempt of a group of stock flippers trying to encourage a ten cent pop in the PPS so that they can make a quick ten bagger profit without any regard to NBRI's real value . Now I can't deny them this attempt, but these new one million share flippers have established a formitable PPS ceilling of ten cents to penetrate. Perhaps a new strategy of not spreading the word about NBRI with these well intended pumps, but just allow management to do their job of building a profitable company with PR's investors can believe in. JMHO
Walt Calahan
UniqueName:
Suggest you contact North Bay Resources Inc and get an update on all Company activities. They can give you a complete picture for all your investment needs.
W A Calahan
JC:
That will help, obviously, but an announcement that one of our JV partners has begun extracting precious metals from their claim would do more for increasing the PPS. Hold your shares. Don't sell at this time - - patience will reward all!
Walt Calahan
kizoo:
I am as confused as you are about the buy back program.
Walt Calahan
bigbug1:
Ha ! Suggest that kizoo do some DD of past posts by CEO Leopold as to the financing of the purchase of this Northern California mining company. If he is successful in closing the deal with the planned financing, it will be a very positive for NBRI and its shareholders.
Walt Calahan
kizoo:
The purchase of this mining operation you refer to will be a "stand alone" operation that NBRI will own whose financing will be non-dilutive to the NBRI shareholders. It is not a JV where the joint partner shares the revenue - - suggest you hold off any questions you may have, or contact CEO Leopold for a further details. I don't want to mislead you since the purchase has not been completed.
W A Calahan
bigbux1:
While not trying to sound like a wise guy, try the phone again at another time. If you have any doubts about CEO Leopold, please list them so that we share your concern. That said, most of us are satisfied with his credentials.
Walt Calahan
Brucegorman:
Anyone: What is the dollar value (and how much by weight) of the gold now being held by the USA ?
Walt Calahan
kizoo:
I forgot to add for all the younger investors (and perhaps Grand Parents too), take a look at the history of the Barrick Gold Corp ( ABX -NYSE) for a perspective of what can happen to a well managed company such as North Bay Rsources Inc.
ABX in 1983 was a small resource company called American Barrick Resources Inc located in Golden, Colorado, USA (home of the Colorado School of Mines as well as Coors Beer Co). Yes, a penny stock, too. Changed its name in 1995, relocated its headquarters to Canada, and began buying larger mining operations. Today it is one of the premier gold mining companies in the world.
Buy 10,000 shares of NBRI which will cost you about $155.00 (cost of a day at the ballpark, or golf course) and put the stock certificate in a safe place and watch what growth and time can earn for you over the years!! True, it's not a trade strategy, but a buy and hold one perfect for anyone with a long time horizon.
Walt Calahan
kizoo:
At this point in NBRI's life, and I began buying their shares a year ago, we all share your observation about being a sucker for a good story, and NBRI has a great story. That said, the reward for our trust will be huge ! I personally
believe the risks involved are worth the investment, and at my age a company like NBRI may be my last opportunity to find a big one. My Grandsons will heve much to smile about - Ha!
Walt Calahan
They went to watch the US Open Golf but got rained out - - so they decided to have a beer, or two, or three, etc now they are napping ! Come back another day !
W A Calahan
JCMoney:
You are a trader and what you propose will get things moving. That said, what we really need is the OTC listing and the opening of an operating and productive mining operation. And I think CEO Leopold looks to Sept/Oct time for this to happen. If so, penny pops will be past history. JMO
Walt Calahan
BIG_BALLS:
Pumpy, Humpy, then Dumpy !
Walt Calahan
A big recommendation for gold stocks, note not for gold bars, was made by a market advisor this morning on Squawk On The Street. Mark asked the advisor where he would place his money for the next 3 ro 6 months and he said Gold Stocks!!!!
Walt Calahan
Ryan:
Yes ! His silence about this has been deafening - - NBRI needs a positive announcements.
Walt Calahan
rem:
Check them' kidney stones - - if you pass them', the world will look good again. Spare us your pain !!!!!
Walt Calahan
rem:
I think your kidney stones are acting up again !!!! Please, if you have any more doubts about the viability of NBRI, sell your shares and move on. The rest of us realise that pink sheet companies have risks, but to have a shareholder express doubts that can hurt the rest of us is inexcusable. Spare us your pain and move on. Thanks.
Walt Calahan
I think this is disappointing news at this time since work at this claim probably won't begin until sometime next year. We need a producing claim if we ever expect to be recognized by the market. Hold your shares!
W A Calahan
lars siler:
Suggest you take it at face value and not read into it things that are pure speculation of little value. JMHO !!!
W A Calahan
JonB44:
Suggest you consider a "Witmans Sampler". Buy a 10,000 shares of each penny gold mining stock listed - - in that way you're covered. Expensive, but over all a sure winner!
Walt Calahan
Threw-er-back:
What is most interesting about investing is doing your own DD.
At what period of time are you refering to? And I not being confrontational either, but one man's gem can also be a piece of coal to someone else!
W A Calahan
rem:
This is the conclusion we all reached long ago, but an investment in NBRI is a good one and worth the wait. Hold what you have - - don't sell!
W A Calahan
rem:
The more you ramble, the more incoherent you become, Suggest you buy now amd let the market do the speaking.
W A Calahan
JCMoney:
It could be NBRI selling shares to boost their treasury.
W A Calahan
rylawi:
If you look at past posts by Rem, Monk1, and Marana (especially on the HMIT board) they are all pumping for a lower NBRI's PPS. Best to disregard their attempts to buy on the cheap. Hold your shares !!!
Walt Calahan
JCMoney:
It's called manipulation by a bunch of share flippin' sharks.
They are probably trading shares with each other trying to get a slide in the PPS. Miserable people, too!
W A Calahan
rylawi:
Suggest you check with NBRI about the potential acquisition of a gold mining operation in California - - I don't think it will be a JV because the purchase will be financed by a separate gold backed equity offering in Europe. It will then be a subsidiary mining operation owned and operated by NBRI.
Walt Calahan
Marana:
You certainly speak your mind ! Time will tell if you are right. Question: Are you short HMIT and NBRI ?
Walt Calahan