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So it's a great thing that the stock was reading at .22 on e and now trades at .012????? Only in penny stock investing do people applaud toxic funding, crushing dilution and a 90+% drop in the value of their stock.
WEEEEEEEEE........thanks team Leopold for giving us such a massive loss so we could buy shares for a penny instead of protecting shareholders and creating sustainable growth!!!!!! You are the best!!!!!! Keep it up we want .0001 shares!!!!!!!! WEEEEEEE
Who still disagrees with a sub penny trade this week??? Funny how this stuff is so easily predicted simply by ignoring anything and everything the company says and focusing on share issuances and actual results. If a PR contains no tangible value then no gains will be sustainable. If funders are getting fistfuls of discounted stock then the press releases are meant to create volume for them to sell not inform shareholders of tangible events.
Continual mining of profitable good over a period of time that establishes a known return and ability to create an expected rate of future return moves this price in a way that can sustain the gains.
Anything else is so funders can dump stock. This is Penny stock 101, it isn't rocket science and it's not something to overthink. It is what it is and it's been done for decades the exact same way.
PPS is adjusting accordingly. It goes up with proven results and stays up based on tangible value. It rises artificially on speculation and then returns to lower levels as funders sell out from under new meat and old meat averaging down who think "NBRI $$$$ REVALUATION $$$$ UNDERWAY $$$$"
It's a simple process that's been used for decades in the exact same manner by thousands des of other companies. The number of people who make a living off of companies that never produce revenues or profits is pretty amazing. So far, to date how many individuals have utilized NBRI stock and fluffy press releases as a way to make a living off of folks who have lost millions????
Yeah, same old approach as the thousands before them. Issue discounted stock, fluff up press releases, dump the stock in the laps of unsuspecting, overly trusting people who will endure a total loss as opposed to protecting their investment money.
It's not a fact that mining will begin in weeks. Nowhere near fact. It may be "believed" or possibly "suggested" but in no way is an event that has yet to take place a factual certainty to take place within any timeframe. It is irresponsible to suggest otherwise.
Especially with the track record of NBRI which is to say mining will take place at one mine then out out a fluffy PR about a different claim to distract attention away from the fact they aren't mining anywhere. Seems like the true reasoning behind multiple claims is to use them in some kind of game of musical mines where fluffy PR's are utilized to keep the masses interested while no mining really ever takes place at any of them.
Funders often allow a brief run up prior to unloading. They are the sellers for the buyers here and when the mono fades they will resume their selling pressure. Next down turn goes below .01 and I'm certain they are aware if that based on the last round of selling. So, letting it run slightly allows them some higher returns prior to the end result.
Momo here will fade and selling will take over. The news was little more than fluff meant to drive volume for the sellers. There was no tangible value associated with that release at all.
Yep, getting a higher starting point to the dump to ensure maximum return on the CD shares. Selling will likely takeover by end of day and remainder of week.
Based on what exactly???
In other words, you all are losing money so insiders and funders can make money. CEO took home $100k cash from a company that creates no revenues....whose money was that??? Funders making an easy 30% or more profit on stock sales while the pps declines 90+%......whose money is that???? Any time a share price is teetering I. A total loss and yet insiders are still making money you have to ask yourself exactly who is looking out for who here????
If your answer is Leopold is looking after shareholders then why are you guys the only part of the equation not making money off the stock???
Never on e in the history of penny stocks has talk of a "shareholder" victory party ever materialized. As a matter if fact, some of the biggest penny scams I know of used the ruse if a celebratory victory party where instantly wealthy shareholders gathered to cheer their riches. Each time that was used resulted in total loss for all who held. I see nothing different about NBRI. All I see is insiders getting paid and commons getting skinned.
And a 20% drop on that news is the norm so that will help support my opinion.
This is the week you will see sub penny trades
Just a handful is all they need. It's the Magic Fairy Dust channel they will be tapping into!!!!!
Only a few weeks away from a new excuse why they aren't mining gravel!!!!!!
LOL as if that means anything at all. How much good did they mine there last week??? How about this week??? Oh they aren't mining they are just selling stock and spending money
They are not even remotely worth more than current value. They are actually worthless right now. No revenues, assets thy hold claim to mean nothing without gold. CD debt is crushing this company daily.
No revenues, crushing toxic funding, no mining of gold that is a me to offset any costs whatsoever. This is a money drain and the market is effectively reducing the value here based on the mounting dilution and lack of financial results that show this current situation will be reversed any time soon, or at all.
That's just the cold hard facts minus they hype of what's believed to be coming. Pennies survive for awhile on hype but reality always sets in and the pps always adjusts to where it should be. This was always I've overvalued with nothing but hype to drive the pps.
Do you have just one simple explanation why on the news yesterday, like every other news day the price goes done double digit percentage points????
Seriously, if the news is good and an accurate reflection of what's going on then wouldn't it be a good thing??? Signals another step closer which would stabilize the share price and attract buyers?
Yet, another 10+% drop in the pps on the news. It's as if news is created for the sole purpose of selling stock. Each 6-8 week target turns into twice as long with multiple press releases used to push stock and make excuses.
Is Perry informing you of what's really going on or is he just brining in new suckers with fluffy press releases for funders who have fistfuls of discounted shares to dump???
BTW, the question is rhetorical I already know the answer...
Let me take a stab at it too.
Carrot dangled, stockholders reaching for it yet again, stock price declines under more selling of discounted stock into the volume, stockholders cheer Leopold for letting them buy cheaper shares, Leopold pays his mortgage with their money, funders make 30% profit on the same shares stockholders use to average down even more, shareholders praise Perry for a job well done, Perry laughs under his breath and fades off to sleep after standing on the hilltop preaching "Call me if you have any questions".
Totally inaccurate. Now if there was a guarantee that profitable mining would take place then perhaps. However, you ignore the key factors to making this project a reality.
1) funding is detrimental to shareholder equity and future return on investment.
2) there has been no profitable mining by NBRI to use as a gauge on their ability to do it effectively and/or at a profit of any kind.
3) a reverse split will be needed in the near future as liquidity dries up and the share price falls below .01
4) NBRI's ability to fund mining is dependent on the selling of shares to a shrinking pool of believers. There is no guarantee that proper funds can be raised to complete any such project.
You speak as if NBRI has zero obstacles and endless cash flow. The fact is they are barely hanging on and that is at the expense of common shareholders who haven't figured out that they are the only ones losing money in this endeavor.
The lower the better!!!!! It only means we can buy cheaper and cheaper shares!!!!! Thanks Perry for toxic funding!!!!! Without it and you, we would never have the ability to chase this headless chicken around the coop!!!!!!
Yeah, ask the guy who has already stated that the business and the stock are two separate entities. Then watch him calm the stock holders with rosy outlooks on the business when he himself told you all they don't intertwine with each other or reflect upon each other adequately.
The stock is what is sacrificed for the business. The sacrificial lambs call Perry and Perry explains how great the business is. The lambs then line up to be reslaughtered over and over.
I guess it doesn't matter how low it goes, how many times a week we hear "the reversal starts today". There exists a small concentrated group who will support NBRI all the way to zero, making excuses along the way for everything from toxic financing to mining delays to dilution. And the ruse if it all is that one day it will all be made right. Everything that is killing the stock and company is simply written off and some rosy future of good, unicorns and magical leprachans is used to pretend. Toning is wrong.
I'm saying I'm a business owner and I floated my own money as well as a small business loan. I used my own money to sustain my quality if life for the few months it took to get it off the ground and then, oddly enough I had revenues and profits to go on.
And if I had investors I would never sell them out to crooked funders who benefit more when the value of my company is less. Plus, the funders are in control here not Lepold. He has no revenues, doesn't generate any money and is 100% dependent on these shady funders for survival. Whatever terms they demand he has to oblige.
I would never set up a business in that way. He has a fiduciary duty to protect shareholders but he is selling them out because he has no other source of non-dilutive funding. In other words no venture capitalists believe enough in his plan to fund him through private placement of restricted stock.
All the deep pockets here claiming to be a me to lose hundreds of thousands here won't fund him with non-dilutive placements. They squawk all day and night but do mining to stabilize the pps or provide alternative funding options to NBRI.
That's what I call bullshit on this whole shenanigans. I'm going to be in that neck of the woods next month I may drop by Ruby and snap some photos to see if it matches the hype around here.
Why would he??? I don't get it. He really can't dump based on his position with the company. And he can utilize the funding cash for whatever he wants to spend it on. No need for him to sell.
If there was no toxic deals in place and he wasnt selling then I'd be impressed. But he has no reason to sell as long as funders are pumping cash and dumping stock for him.
He doesn't have to sell when he is collecting $100,000 from the toxic funding that is crushing you. He gets paid from the funders sale of stock so he is issuing the stock that's being dumped to pay his salary.
A business must spend money now to make money in the future......so very true. However the way in which that money is raised is what's killing the company. It's like the payday advance of investing. The big boys use programs aimed at limiting exposure of shareholders, protecting their interests and growing value.
Here you took a company who had absolutely nothing that decided utilizing the very worst possible way of funding their projects was wise. Bury them in dilution, encourage them to keep buying and wiping them off the map. It is what it is, shareholders don't matter. Leopold said it himself right??? The business in one thing the stock is another. Notice how he sells out the shareholders for the business??? And he took $100,000 in cash plus 5 million shares along the way. Who here made $100,000 off of NBRI other than Leopold and his funders last year.
It's the way the game is played. It seems to be working out for all involved except the shareholders and the shareholders are still convinced that even though they are being systematically destroyed that Leopold is going to wake up one day and rescue you guys.
Guess what, the business is one thing, the stock something entirely different. You guys aren't part of the "business" you are stockholders. You are looked at entirely differently than he looks at the business. You are expendable. It doesn't matter if you guys survive or not.
If what you are saying were true the pps would already be building but it's still sinking so those who know what's really going on are still dumping, not holding, not accumulating. They are dumping. Catching the falling knife is a common mistake made by unsophisticated penny investors.
How much is "not much money" and how is that money raised???
And what you fail to see is that it doesn't matter how great things "may" be if the business is totally imploded before you ever get to see it.
You continue to utilize future projections as the basis for ignoring the fact that this business is burning to the ground right in front of your face.
Here is the correlation. Successful penny stocks don't act like the thousands of unsuccessful ones before it. Do the research. The ones that succeed were successful before they came here. They infused an already lucrative business into a shell, they set up a public corporate structure, issued controlling stock to the officers, set up a financial reporting program and once they were set they uplisted without anybody ever knowing they were here.
The failures have the promotion, toxic funding, dangling carrots, unabated adoration without ever wavering even when they say the stock is a steal at .12, won't go lower and it sinks to .01, excuses for all failures and delays, never once holding management accountable.
Production is no cure all because there is still sampling to be done. Any real revenues would be months away and anything profitable even farther. This is where those who are skilled in penny stock research make the right call and those who have their eyes on truckloads of good get skinned.
I love it because there are two polar opposite sides here and only 1 is correct. It's impossible for both to be correct. Those selling stock require there to be a pool of believers. The pool of believers is convinced they are right. The perfect catalyst for yet another failed penny stock to dump as much stock as possible into the laps of dreamers.
The game never changes, people never learn, NBRI is skinning investors just like thousands of penny stocks before them. Juicy story, toxic funding, dump shares. Blow away in the wind.
Can't wait for the reverse split when it gets too low and then the immediate issuance of shares afterwards to drive it into the ground yet again.
How does one know that the stock will continue its downward trend? It's simple. It has nothing to do with mining of minerals. It has everything to do with the mining of money from investors wallets
2014/06/03 0.014 0.014 0.013 0.013 1,359,845 0.013
2014/06/02 0.014 0.014 0.013 0.014 536,360 0.014
2014/05/30 0.013 0.014 0.013 0.014 856,500 0.014
2014/05/29 0.014 0.014 0.012 0.013 1,938,477 0.013
2014/05/28 0.014 0.014 0.013 0.013 592,022 0.013
2014/05/27 0.015 0.015 0.013 0.013 424,626 0.013
From May 27th to June 3rd total volume was 5,707,830
In that same time frame NBRI issued a fresh 10,000,000 shares.
Even if ohne assumes that every single share traded was from that fresh issue (which is a stretch but we will go with that for numbers sake) 43% of those shares are still available to hit the market. 4,292,170 shares remain and by the time those are in the float there will be another 10 million to sell.
It's like standing in a pool of water up to your nostrils, claiming all is good while ignoring the hose still in the pool turned on full blast.
Shareholders here are being crushed by the company and their toxic funding deals. Surprisingly, Leopold and the funders are collecting money while the commons spend more trying to average down. There is a "Team Leopold" but those who think they are on it are nowhere near it.
You've all been invited to dinner but none of you realize it is because you are the main course.
Seriously, NBRI is far from the best and you aren't fooling anybody. On May 27th there were 165 million shares outstanding 7 days later there are 175 million. Dumping will continue as long as new share issuances outpace volume.
It's basic supply and demand. The supply far outweighs the demand so the price sinks. Doesn't take a precious metals expert to know penny stock 101.
What's another 10 million shares amongst friends....pretty sure the new count exceeds the total volume traded since the last count which means a backlog of sales and the pps will continue to sink.
Issuing shares faster than they can sell them. Time for another round of carrot dangling so expect a feel good PR that pushes back Ruby even longer with some kind of excuse embraced by a few and touted as a great idea.
It makes no difference if it's there if NBRI neVer brings it up.
My money is on this being a big smoke screen so millions upon millions of shares can be sold while dangling the penny stock carrot in the face of all the "Team Leopold" members.
Because to date I'd be listening to a penny stock expert not a precious metals expert. In case you missed it this is a penny stock that has not sold a single ounce of precious metals right?
Precious metals guy says buy and the stock is down over 90%.
What exactly does "tend to be" mean? Because it is a vague definition that is equal to "fairly clearly"
Has that reversal in the pps started yet??? On your way to $1 billion market cap????
"Word on the street" = facts lol
What's the value of all the gold NBRI has brought out of the ground to date????
20 plus properties and yet no production
Nowhere near possible. It even if you use current share numbers which won't even be close to the real O/S count would be.
1000oz of gold at $1250/oz is $1.25 million per month which is $15 million per year.
165,000,000 x $2.50/share is a market cap of $412.5 million.
No way there is even a remote possibility of a $15 mil revenue company having a $412.5 mil market cap.
And that number is based solely on current share counts with no further dilution taking place and we all know that isn't the case.
Reality vs fantasy is laughable here.
Anybody who buys into this should care. Just like they should care about toxic funding and an ever sinking share price. While buyers over the last year have suffered a loss equal to 90+% the CEO was pocketing $100,000 cash from a deal entered into that used his own house as a corporate office.
Afterall, all successful mining companies enter into agreements with their own CEO to use their homes as the corporate office, pay for their computers, internet, phone lines etc....
All dilution effects the price of NBRI. Because earnings and value are based on a fully diluted basis. In other words, earnings take all issued shares into account and earnings are on a fully diluted based so yes it does factor in and it does dilute the share price.
Fact