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Marana:
I don't, but it seems to me it would take the good part of a year to begin any mining operation.
Walt Calahan
brucegorman:
Great property inventory - - now START MINING THEM!!!!!
NBRI needs to show income from mining in order to have some meaningful PPS appreciation.
Walt Calahan
downsideup:
Agree - - HMIT must reveal the terms of this loan ASAP for this PR has any useful meaning to investors.
Walt Calahan
colt3838:
The 50/50 deal refers to the profits from the JV deal. All the cost of mining is HMIT's responsibility.
Walt Calahan
Alibi:
Pres. Obama is a very effective speaker. That said, these overseas operations have gained these advantages by employing reduced labor costs and newer manufacturing facilities as they did years ago with the steel industry. We as a world manufacturing base as well as financial center have been living well by using these offshore operations while neglecting our less efficient and poorly managed base. Protectionism is not the cure!!!! Restructuring our economy is!! This drain of our wealth to the world oil monopoly must be solved first by developing our own renewable energy to replace oil as our primary source of energy. Next, our manufacting base must be modernized to meet the offshore challenge. Old plants must be closed and replaced by up to date and competitive facilities, and labor must adjust to these realities,too, by making concessions. And, oh yes, BIG GOVERNMENT(the royalty of our society) must also adjust by reducing their unending need for more money to operate - - THEY DO NOT PRODUCE WEALTH, BUT ONLY SPEND IT !!!! The tax system we now use must be changed, the sooner the better!!!
Walt Calahan
Marana:
Your guess is as good as mine. One order does not make a trend.
Walt Calahan
colts3838:
Hidalgo is share rich and cash poor! What else?
Walt Calahan
JCMoney:
To what do we owe for your profound declaration? We trust you mean NBRI !
Walt Calahan
LGL8054:
Is this the HMIT board ? Hard to believe.
Walt Calahan
mbmurray:
The volume behind this closing PPS price pop was weak - - no need to read anything into it. Someone might just be trying to get some momentum out of the "gold" picture posted on NBRI's wep page.
Walt Calahan
goldbug2:
Right !!!!!
Walt Calahan
texasripper:
The income is not from mining by the JV, but rather from fees paid to NBRI by the JV partner.
Walt Calahan
NBRI must start mining, either a JV or on its own, some of these properties they control. Until then, they are property rich with no income from mining. Great potential, but not realized. Patience is the key here - - the CEO Leopold's plan is evolving with an eventual listing on the OTCBB along with producing mining operations. The only things sure in life are death and taxes - - if NBRI turns out to be real, I'll gladly pay the taxes. Death on the other hand is another matter.
Walt Calahan
The USA had better move as quickly as possible to establish energy independence, or else we will end up as a second class nation dependent upon the whims of the world oil monopoly.
Walt Calahan
And all the bashers of home owners about to lose their homes complained that they didn't read their mortgages before they signed and got what they deserved. Ha! - - we are about to get the shaft from our Government for the same thing, trillions of dollars !!!!!
Walt Calahan
jims406ss:
Is NBRI involved in this in any way?
W A Calahan
NBRI must begin a productive mining operation, either JV or on their own, ASAP in order to have their PPS appreciate in a meaningful way.
Walt Calahan
gemstone:
Someone posted information about it on the Yahoo financial board for HMIT.PK.
Walt Calahan
jims406:
Is this to be considered a vote of confidence by the Company in the PPS of its shares for the rest of 2009?
Walt Calahan
machcobra:
Penny stocks, particularly gold pink sheet listed, are a crap shoot so don't be the farm. That said, the recent PPS run up and subsequent decline appeared to be manipulated by some aggressive investors. So bear in mind that an investment in NBRI can fluctulate at the whim of others, called "a pump and dump". I invested because of the skills of the CEO Mr. Leopold
to build what I feel will be a winner in the years to come. Also, the price of gold is on an upward march due to the inflationary policies of world governments. I didn't bet the farm, but was fortunate to buy most of my shares at the .005 and .01 cent range. Good luck! Investments are personal decision.
Walt Calahan
This manager of HMIT has a track record of making claims with previous mining projects that eventually do not materialize. Everytime I visit this board I marvel at all the graphs, photos, explanations, etc on display to convince the reader that HMIT is a going concern. I call that "Blowing Smoke Rings" ! It is time, over time, for HMIT to put up with some real results and not just words!!!
W A Calahan
This manager of HMIT has a track record of making claims that eventually do not matrialize with other mining projects. Everytime I visit this board I marvel at all the graphs, photos, explanations, etc on display to convince the reader that HMIT is a going concern. I call that "Blowing Smoke Rings" ! It is time, over time, for HMIT to put up with some real results and not just words!!!
W A Calahan
Could the association with HMIT have anything to do with this drop in the PPS?
W A Calahan
Naked shorting ? I sure hope not - - those bastards have ruined a bunch of companies.
W A Calahan
Naked shoty sellers? These sellers don't make sense!
W A Calahan
dale1953:
Where did you find this amount for NBRI's A/S?
W A Calahan
Pres1ton:
Read all the latest postings on the Investorshub NBRI board for information and it will save me a lot of typing. Briefly, NBRI has no debt, is profitable, small float, and is led by a savy professional manager well schooled in the commodity area, including gold. Do your own DD, however, I can only point you in the right direction with the rest up to you.
Best to all -
Walt Calahan
Pres1ton:
Mr B Madoff is now Badoff and his investors are Pissedoff - Do you think the SEC has their hands full with this ponzi to be concerned with peanut claims by Seaman and Robinson?
Here's a penny stock all you USGN/A's ought to take a look at:
NBRI.PK , North Bay Resouces Inc, a gold play - - to da' moon, Alice!! - I have accumulated 60,000 shares @ 2 cents/shr
Best to all - -
Walt Calahan
NO ! There is no need for a reverse split.It was back then.
W A Calahan
goldbug2:
I hope you don't mean a "pump/hump then dump" team? That would ruin this Company's future. Leopold, the CEO, has a game plan in place that will produce the results we invested for - - solid gold and not a flash in the pan!!! Keep the faith!!
Walt Calahan
Marana:
Patience, please.Next step is to move from the Pink Sheets listing to the OTCBB board listing. Leopold and Company are following a carefully crafted business plan. And it appears that HMIT is part of their plan, or 10 million shares worth.
Walt Calahan
qqmed, pres1ton,et all:
Well how do all feel about the present $50 billion dollar ponzi scheme run by a Mr. B. Madoff ? Makes the USGA scam look like a kid's game of three card monty! And the SEC ! - - I blush with embarrasment. Always place this experience in the back of your mind when you read someone's post of enthusiasm about a BB company - - could be a scam, so do your DD. And sell your position if the PPS falls 10% below your purchase price! Cut you losses before you lose all, example USGA!
Walt Calahan
drugmanrx:
In bankruptcy the shareholders are last in line and usually wiped out. The company survives minus the original shareholders. Probably Vitusa will own this valuable product. Sad!
W A Calahan
Enter NBRI - - -
wacalahan
goldbug:
I don't think HMIT has the financial help to takeover NBRI. Their PR's about the African gold operation just might be an overstatement - - time will tell. I'm betting NBRI will eventually takeover HMIT.
W A Calahan
Badnews:
Unfortunately they didn't. Short week - perhaps next week.
Walt Calahan
Where did everyone go? What happened to that spirit of getting those insider SOB's that walked away with all of USGA's bananas? Come'on, Pres1ton, call Sen Reid today!
Walt "useless" Calahan
All:
I didn't think so !!
Walt Calahan
Anyone care to speculate about a buyout of HMIT by
NBRI? Makes sense.
W A Calahan
Jeepney:
Now that the National Elections are over with the Democrat Party in control, you might want to contact Sen Harry Reid of Nevada, a very powerful member along with Rep Pelosi, to see if he can kick the SEC into helping put these USGA insiders on notice that this bankruptcy needs further scrutiny. Since you all feel that a last minute effort just might be of help, Sen. Reid holds a very strong hand in Washington DC politics, and he just might enjoy helping out. Check post #1962 by qqbmed for contact details. Pres1ton, you might want to head up the charge.
Walt Calahan