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Gettin' ready for some action! Looking forward to see the gold mine reopened. Cash flow is what we need now.
It would go up from here! We're scraping the bottom along thousands of other junior miners but the end of the tunnel is near. The industry would recover and this stock would be up as well imo. Can't wait to see that happening :)
Hitting the bedrock would be sweet as we would be mining for gold 'not nuggets!
This stock is about to bottom out! Scraping the bottom now.
Another day that the board turned green! Good things/news should follow soon. We'll get the ship sailing again imo.
To the golden shores of a new gold bearing channel at Ruby!
Yeah, financing news! They're coming. Then the gold would roll down the sluice box.
No insider so link please then we'll discuss it.
BS. Define 'small' in terms of volume. Gimme some figures.
Link to the 10k?
Mining would resume at Ruby I have no doubt about that. Will wait for financing or for a jv partner or private placement or .... so many ways to do it. There is gold in there therefore someone would get to work Ruby and pull out the nuggets.
Not worried about that. If mining starts we would see a huge jump here. SP appreciation would be significant.
We're talking 315,000 ounces gold worth $378,000,000 !
THIS is the value of the Ruby gold mine.
Endless BS.
Ruby is permitted for large scale mining.
'A few ounces'? Well that is what an exploration co does i.e. spends large amounts of money to find the commodity of interest but it is not a producer ...until the moment comes that it starts mining.
Financing WILL happen!
The mining sector has been down for the last 4-5 years. Financing is very difficult under these circumstances but not impossible. Especially when you have that much gold in the ground.
Ruby rules!
BS!
Where did you get that production cost? 500 mil? LMAO.
And where did you get the grade? Link?
Yeah right! Good Lord Anvil! So you wanna build condos on Ruby land? Haha!
Ruby gold mine value: $100,000,000-$200,000,000 anytime.
I might explain that later.
We're talking 315,000 ounces gold worth $378,000,000 !
THIS is the value of the Ruby gold mine.
Endless BS. ALL the resource companies have difficulties in raising capital for their projects. It has been like that for over 4 years now. But with a good plan in hand backed by professionals NBRI could get the money necessary to reopen the Ruby and get to the easy gold. The rest would be history and the state of California would be proud of the gold nuggets coming from Ruby. Looking forward to gold production.
Utterly false claims.
Sell on the news happens to ALL companies especially in the natural resource sector. Here might be some lenders involved alright. So what?
Endless BS and false predictions.
Sell on news. That's all.
False.
Endless BS. Conventional financing could/would be available from banks or private lenders or jv partners. There are other possibilities as well.
Ruby is too small for large mining companies. And no upside potential i.e. based on geology you cannot claim that you have 10 miles of undeveloped gold bearing channels when there are only 3. So they do the math 3 miles time 105,000 oz gold/mile = 315,000 oz gold. They want millions of ounces gold in the ground to be interested in buying it. As simple as that.
We're talking 315,000 ounces gold worth $378,000,000 !
THIS is the value of the Ruby gold mine.
Endless BS. A financing deal should be soon finalized. Why? Because of the value of the Ruby gold mine, that's why.
We're talking 315,000 ounces gold worth $378,000,000 !
For as long as there would be gold in the Ruby.
Yeah mining hazards. Failed raises.
BS. Deals on the way. Financing and everything.
Guesswork at its best. Not true.
Endless BS.
The pr said that the mineral property was explored for the last 5 years. That's 2010. Since 2012 we are in a bear market for mining and commodities so things had been slowed down since then. Almost no greenfields exploration takes place anymore. In analysts' opinion this would lead to an acute shortage of (mined) commodities because it takes years to explore for, then find something, then prove it as mineral deposit, then permit it, then start mining. And this bodes well for any company that has good properties. NBRI included. These mineral properties could be our future mines. The Monument property included.
Placer Dome was acquired by Barrick in 2005.
http://en.wikipedia.org/wiki/Placer_Dome
Back in the days they were looking/exploring at smaller targets. Nowadays they say hey we need that many millions ounces to even look at it.
High risk high reward = Exploration business. Don't invest money that you cannot afford to lose.
Derisked if it is a mine where we know geology an we understand mineralization and it's controls like at Ruby. Still mining is a risky business subject to many hazards. But again other industries are risky as well if you play the stock market.
It is your decision as investor to put money on this horse or another one. Please DYO due diligence before investing.
My philosophy suits ME well so I do what I do. Yours? I don't know.
Good luck!
The side of the 'can do'!
This co or their future jv partner or buyer CAN get to the gold in no time (1-3 months depending on the target i.e. other targets not the one lying at 60 ft above the tunnel).
You lose only if you sell. At this dismal sp it makes no sense to sell imo. Wait and hopefully financing or a jv partner would come through and get to the next rich pocket of gold. Or alternatively one could buy this low and wait for an appreciation then sell to compensate for previous losses and make money. At least this is my strategy knowing that the mine is fully permitted, has everything in place, is immediately below another 3 miles of golden channels that should yield no less than 315,000 ounces of gold.
Good luck!
NBRI would succeed in getting those thousands of ounces gold from Ruby.!
But this is how investment in mining and mineral exploration works. Up and down like any other investment. Not for everyone. I know the game and accept the risks.
We're 60 feet to gold ONLY!
Endless BS! There is lots of gold in the Ruby and somebody would get it. It might be NBRI it might be Ruby Co it might be someone who jv the mine or buys it but they would get it.
Ruby was profitable and will be profitable again! Gold nuggets would be rolling down the sluice again.
See you later!
It is not over yet, agree!
Watch us soaring in the next leg of our journey!