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Look across the board and you're going to see a lot of mining companies under the water. For now. Some have a good chance in coming back. NBRI should be able to do that as well. It is a matter of money. Getting funds. Difficult to find $$ in this market.
Haha! Same old same old ... NBRI is good and still standing. Still has a fighting chance.
You're right brown dawg. That and the failure of the raise (s) which again does not bode well for the professionalism of the mining crew. And the way that they have planned the exploration, the type of exploration (not good), no geophysical work (wtf was the geologist thinking) they all have contributed to bringing this stock down. And yeah Perry was told bs and he believed it - 'Will get you gold next week. We only need another $200,000 blah blah' so Perry got them the money from these VCs and terms were not good.
Well in the end the gold is still there. Lots of it: 400,000 oz gold. Some only 60 ft away so if they can only reopen and get to the gold to have some cash flow ...
Sarshee wrote: "Take a gold mining pan and sit underneath the area that fell in. That ore laden material is supposed to be holding some fairly rich concentrate gold. If gold fell down from the drill hole when they were testing the sites to see where to start building the shaft to the area about the existing tunnel, then that material on the tunnel floor ought to be good for panning."
NEWS pending. Should be good.
Do you know that NBRI has a VANADIUM property?
http://www.northbayresources.com/pine.html
This 'green' metal has a bright future in energy storage applications.
http://www.cbc.ca/news/technology/vanadium-battery-technology-could-transform-power-grids-1.2749694
50% of the volume shorted today http://otcshortreport.com/index.php?index=nbri&action=view#.VbbKY_kl_us
Hogwash. No fraud!
Hogwash. No grey sheets!
Hogwash! It is neutral!
Ruby mine has all the reserves and resources that they need to start mining right away! Profitable mining.
Why kill the golden goose BEFORE laying the golden eggs???
Loses es1? Oh my, oh my ...
Rarefind doesn't post here? He knows better.
It is the same with a thousand other resource stocks. Bad market. Difficult environment. For now.
We'll get to the gold no worries. Sooner better than later but we can wait.
400,000 oz gold in Ruby. Some of it is only 60 feet away!
ABSOLUTELY 100% RIGHT!
Mining is a capital intensive business. It costs money to reopen and safely restart work. Then it is only 60 feet to gold but it means building a raise thru at times unstable rock which needs support so yeah it costs money as well. No worries NBRI is going to get the financing. Difficult market delayed the restart of Ruby but it is coming!
NBRI: It's the market .... see what happens around? See what other juniors are doing? Bad for now, better in the near future.
Difficult time for junior miners right now. But we will weather the storm and emerge stronger than ever.
This company is being shorted big time! This explains the serious drop in sp.
Check out the shortvolume.com/ and enter the NBRI symbol.
Huge shorts ....
41 million shares bought today!
41 millions shares traded today. Another good day considering circumstances.
This company is valuable and holds important assets. 400,000 Oz gold in their Ruby mine only. Sp would recover once a deal is made and the Co gets financing.
The $10 million investment will say the opposite. Livelier than ever!
400,000 oz gold in Ruby. Some only 60 feet away!
HOGWASH! Not true at all.
NBRI continues the 49ers tradition and work. They found tons of gold in placers and underground mines. There are tens of successful past producers surrounding the Ruby. Ruby is one of them. And BTW the 49ers didn't have to put up with all the bs and regs so NBRI might be a little bit late but it is getting there!
NBRI. This stock is down but not defeated. Will be back up on our feet and rocking the sluice box that sits at the entrance of the Ruby gold mine. Fight American style in the old timers tradition. The 49ers were not deterred by gossips. They went for gold! Surface and underground. NBRI will do the same.
Only 60 feet to gold!
Strong buy today as well.
You're right. Part of the trove is only 60 ft away!
NBRI. 400,000 oz gold in the Ruby mine. This is a stock that attracts lots of investors interest.
NBRI is extremely valuable. 400,000 oz GOLD in Ruby mine only!
God knows how much but there is a mountain of metals in NBRI's Mt. Washington property!
Gold and platinum in placer properties as well.
And a few other excellent projects say the OPPOSITE!
Good start for NBRI. OVER 50 MILL SHARES BOUGHT SO FAR. Buyers recognize the stock's underlying value. And all this on a background of a gold price drop! Couldn't be better given the facts.
NBRI. We start a new week of trading. Hope to be at least as bright as the last week :) With some good news this stock could make many of us very very happpppy!
BS! People bought shares! Lots of interest in this near term producer.
NBRI IS GETTIN' THERE! SEE HOW MUCH INTEREST THIS COMPANY STIRS EVEN ON A DAY WHEN GOLD GOES DOWN QUITE A BIT.
IT'S BECAUSE OF THE VALUABLE ASSETS: RUBY MINE, FRASER RIVER GOLD-PLATINUM, MT. WASHINGTON TROVE OF MINERALS .... SHALL I CONTINUE?
The ground that NBRI holds and intends to mine has been surveyed by geos and then test holes had been dug by a placer specialist (Wright) proving not only that it is virgin (undisturbed) but also yielding important quantities of gold and platinum from specific layers.
NBRI. Imagine what would happen with this severely undervalued stock when good news of any type are going to hit the market. This is a ...X100 bagger or X1,000 time bagger!
Resurfaces because of the government taking action and getting involved i.e. to make sure that the process is correct and can be completed. No scam here!!! Unless the government scams us! Haha!
Hogwash. NBRI knows what they're doing.
No need for feasibility at this type of placer projects. What Todd Hoffman or the Viking is doing feasib studies? Haha! Nope. You simply mine it and process it.
Not all had been mined. There is a lot of virgin ground left. High grade. NBRI successfully tested it. Read the reports and dyodd. There are many historical sources that one can consult. Platinum as well. Very rich!
Fraser HAS all those nuggets of gold and platinum waiting to be picked up at little cost, you're right.
Btw one hole in the ground there permitted and the debt is gone!
Looking forward to that happening.