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Nbri should see .074 today IMO
Growth is happenin. PPS says it all
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential.
North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
Good Mornin, during the week of November 16, 2009
I added more NBRI yesterday lars, when it dipped down.
NBRI .045 x .047
North Bay Resources Inc. (NBRI) Acquires Truax Gold Property
SKIPPACK, PA -- (Marketwire) -- 11/05/09 -- North Bay Resources Inc. (PINKSHEETS: NBRI) ("North Bay" or the "Company") is pleased to announce that it has acquired a 100% undivided interest in the Truax Gold property in the historic Bralorne Mining camp of southwestern British Columbia.
Truax Gold (MINFILE 092JNE060) is a road-accessible property located near Gold Bridge and Bralorne, BC, approximately 150 miles north of Vancouver.
It extends over 4,437 contiguous acres from Mt. Truax westward to within 3 miles of the historic Bralorne and Pioneer mines.
According to BC Assessment Report 27094 filed in January 2003, numerous mineral occurrences are documented on the property, with sampling near Mt.
Truax yielding assay results averaging 3.5 grams per tonne gold, 1730 grams (55.62 ounces) per tonne silver; 1.41% antimony, and 7.31% lead. The same report also documents that previous exploration is known to have yielded assays as high as 4.46 ounces of gold per tonne.
The Company notes that the nearby Bralorne and Pioneer deposits have collectively produced over 4.1 million ounces of gold, making this the largest gold producing camp in British Columbia. Combined with the Company's recent acquisition of the New Eskay Creek property adjacent to Barrick's famed Eskay Creek Mine, the Company believes it now controls significant holdings in two of the most prolific gold producing areas in Canada.
About North Bay Resources Inc.
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential.
North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
SAFE HARBOR FOR FORWARD LOOKING STATEMENTS
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although North Bay Resources Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by North Bay Resources Inc. or any other person that the objective and plans of North Bay Resources Inc. will be achieved.
Contact:
Perry Leopold
CEO
North Bay Resources Inc.
215-661-1100
http://www.northbayresources.com
North Bay Resources Inc. (NBRI) Acquires Truax Gold Property
SKIPPACK, PA -- (Marketwire) -- 11/05/09 -- North Bay Resources Inc. (PINKSHEETS: NBRI) ("North Bay" or the "Company") is pleased to announce that it has acquired a 100% undivided interest in the Truax Gold property in the historic Bralorne Mining camp of southwestern British Columbia.
Truax Gold (MINFILE 092JNE060) is a road-accessible property located near Gold Bridge and Bralorne, BC, approximately 150 miles north of Vancouver.
It extends over 4,437 contiguous acres from Mt. Truax westward to within 3 miles of the historic Bralorne and Pioneer mines.
According to BC Assessment Report 27094 filed in January 2003, numerous mineral occurrences are documented on the property, with sampling near Mt.
Truax yielding assay results averaging 3.5 grams per tonne gold, 1730 grams (55.62 ounces) per tonne silver; 1.41% antimony, and 7.31% lead. The same report also documents that previous exploration is known to have yielded assays as high as 4.46 ounces of gold per tonne.
The Company notes that the nearby Bralorne and Pioneer deposits have collectively produced over 4.1 million ounces of gold, making this the largest gold producing camp in British Columbia. Combined with the Company's recent acquisition of the New Eskay Creek property adjacent to Barrick's famed Eskay Creek Mine, the Company believes it now controls significant holdings in two of the most prolific gold producing areas in Canada.
About North Bay Resources Inc.
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential.
North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
SAFE HARBOR FOR FORWARD LOOKING STATEMENTS
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although North Bay Resources Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by North Bay Resources Inc. or any other person that the objective and plans of North Bay Resources Inc. will be achieved.
Contact:
Perry Leopold
CEO
North Bay Resources Inc.
215-661-1100
http://www.northbayresources.com
NBRI is looking good today CHI11man
.0126 x .0145
NBRi is calming down a bit. Next leg up is coming
NBRI is ready to bust again IMO
NBRI-Short term .10
Treaty Energy (TECO) is engaged in the acquisition, development and production of oil and natural gas. TECO acquires and develops oil and gas leases which have "proven but undeveloped reserves" at the time of acquisition. These properties are not strategic to large exploration-oriented oil and gas companies. This strategy allows TECO to develop and produce oil and natural gas with tremendously decreased risk, cost and time involved in traditional exploration. TECO's headquarters are located in Houston, Texas. For more information, please visit our website at: www.treatyenergy.com
Back at ya. We should see some more action today.
Agreed, The NBRI's chart is looking bullish still. All indicators have turned up!!
I believe that is why they are uplisting to the otcbb. They have to accept the baggage of being a pink until the uplisting happens. They have already filed. It takes time like everything else in the this world
Thank You MTC, it is appreciated
NBRI Monte Cristo Claim
The Monte Cristo and Chilco Properties (collectively referred to as the Monte Cristo Property) are located in a wide section of the Lillooet River Valley, approximately 31 kilometers northwest of the north end of Harrison Lake, BC, and comprise four contiguous staked claims covering approximately 5 kilometers of placer resources along the Lillooet River.
The mineralization of the property consists of precious metal bearing sands that cover a 400 to 800 meter wide section of the Lillooet River valley. These post-Pleistocene sands contain gold and platinum in submicron sized particles. As recorded by the BC Ministry of Mines MINFILE No 092GNE013 and 092GNE019, the sands are estimated to contain inferred reserves of 22.7 million tonnes down to a depth of 30 meters, and that a 1.4 kilogram sample of sand, taken at least a meter below surface, assayed 2.47 grams per tonne gold, 4.80 grams per tonne silver, 2.77 grams per tonne platinum, and 2.71 grams per tonne palladium.
While further assessment remains to be completed, the most recent Assessment Report estimates potential resources to be as much as 50 million tons. As reported in BC Ministry of Mines Assessment Report 2589, "An estimated 25 million tons of alluvial sand underlie the property to a depth of 100 feet from the surface, and although depth of the sands is unknown at this point, indications are that this figure can be increased substantially". The report goes on to say that "precious metal values persist to a depth of 100 feet and, in fact, values increase with increasing depth". Another section of the same report postulates that probable reserves are 50 million tons. The assessment report can be accessed directly at ARIS 2589
The following are among the formal conclusions stated by G.L. Kirwan, the geologist who authored and certified the Assessment Report:
That silver, gold, platinum, and allied metals exist in submicron size particles along with the possibility of sponge iron in economic proportion and values in the raw sand of the Lillooet River area.
That many producing mines in the world today derive source from submicron size metals in sand material.
That metal values are reasonably consistent throughout the sand having been derived from a common source and deposited under similar conditions, and thus it is highly probable the subject property contains vast quantities of precious metals.
That original samples show very low grade gold values, while more recent findings show an ounce of gold per ton from many assays.
That metal values increase substantially with increase in depth.
That sand is alluvial, not glacial, indicating full contributions of metals throughout.
That sands are amenable to open cut operations in an area of easy access with abundant water supply and source of electric power with direct access to Pacific Ocean ports.
That a probable 50 million tons of sand to depth 100 feet from surface underlie the Chilco property. Inferred faulting adds further depth potential.
The report closes with the following statement:
"The depth of alluvium is unknown at this time. However, as the Lillooet River occupies a probable fault zone,.potential for a deep alluvium deposit exists. Samples have been taken as deep as 130 feet elsewhere along the River without encountering bedrock. As concentrations of metals in alluvial deposits normally increase with depth reaching a maximum on or close to underlying bedrock, it becomes significant that values were obtained near surface. Deeper sampling would probably yield higher metal value."
http://www.northbayresources.com/montecristo.html
Thank you. I can't believe they are still holding this thing down. Eventually they are going to end up losing their asses on this stock if they keep screwing around.
Where do you think treaty will go next week? A conservative opinion
Check out NBRI--This stock is in breakout mode. It has broken all resistance and is now soaring upwards. It could bring in some high profits!! .033 would be a good entry price if you can get in there.
Good Morning
NBRI Daily Chart
NBRI Daily Chart
MTC, I asked you the other day about NBRI--Could you take another look at it. It has broke key resistance lines and is now trending up. But I just wanted to know what your thoughts are on it.
Check out NBRI, Its trending up and broke through all resistance points yesterday. They are uplisting too. This could be a fun run lucyinthesky. What do you think?
NBRI--As of November 14, 2009, North Bay Resources Inc. owns over 150 mineral and placer claims encompassing approximately 60,000 acres throughout British Columbia, Canada.
Where do you think NBRI will go next week Major? I see it closed above the 200MA, which is very bullish.
North Bay Resources Inc. (NBRI) Secures $5 Million Financing Facility
SKIPPACK, PA -- (Marketwire) -- 10/21/09 -- North Bay Resources Inc. (PINKSHEETS: NBRI) ("North Bay" or the "Company") is pleased to announce that it has secured $5 Million in financing under an equity line of credit with Tangiers Investors, LP ("Tangiers") to fund the Company's operations and prospective mining acquisitions.
North Bay has entered into a Securities Purchase Agreement with Tangiers that provides North Bay the right, but not the obligation, to draw down on the equity line of credit by selling to Tangiers shares of the Company's common stock for a total purchase price of up to $5 Million. Tangiers will pay the Company 90% of the lowest volume weighted average price of the Company's common stock during the pricing period as quoted by Bloomberg, LP on the Over-the-Counter Bulletin Board ("OTCBB"). Tangiers' obligation to purchase shares of the Company's common stock under the Securities Purchase Agreement is subject to certain conditions, including the Company obtaining an effective registration statement for shares of the Company's common stock sold under the Securities Purchase Agreement and is limited to $100,000 per 10 consecutive trading days after the advance notice is provided to Tangiers.
Upon signing the Securities Purchase Agreement, the Company has agreed to issue Tangiers $85,000 in restricted stock as a one-time commitment fee.
North Bay CEO Perry Leopold commented, "We are very pleased to have secured this equity credit line with Tangiers. We believe this to be a great vote of confidence in our prospects by a well-established investment firm, and we look forward to working closely with them as we continue to grow the Company and successfully execute our business plan."
In a related matter, the Company is also pleased to announce that it has engaged Atlas Capital Partners, LLC as its principal advisor in the preparation and submission of the Company's S-1 registration statement to the Securities and Exchange Commission. Atlas will also be assisting the Company in its efforts to have its stock listed on the OTCBB.
About Tangiers Investors, LP
Tangiers Investors, LP is a Southern California headquartered alternative investment fund managed by Tangiers Capital, LLC. Tangiers Investors, LP seeks to provide the best possible risk-return tradeoff for its limited partners by making direct investments into foreign and domestic private and public micro-cap companies. Tangiers Investors, LP has established a network of world-wide deal sources and is positioned to capitalize on the growing number of opportunities both inside and outside of the United States.
About Atlas Capital Partners, LLC
Atlas Capital Partners is a business and financial consulting firm that provides a full range of services to small to medium-size companies, including capital raising, going public, listings on the OTCBB or other stock exchanges, prepare SEC filings and related documents and complete mergers and acquisitions. In addition, the firm prepares business and financial strategies to assist companies to meet their short and long-term goals. Atlas will invest capital in certain of its portfolio companies that engage them on a case by case basis.
About North Bay Resources Inc.
North Bay Resources Inc. (PINKSHEETS: NBRI) is a junior mining company with over 140 mineral and placer claims encompassing approximately 50,000 acres throughout British Columbia, Canada. The Company's mission is to build a portfolio of viable mining prospects throughout the world and developing them through subsidiaries and JV partners to their full economic potential.
North Bay's business plan is based on the Generative Business Model, which is designed to leverage its properties into near-term revenue streams even during the earliest stages of exploration and development. This provides shareholders with multiple opportunities to profit from discoveries while preserving capital and minimizing the risk involved in exploration and development.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although North Bay Resources Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by North Bay Resources Inc. or any other person that the objective and plans of North Bay Resources Inc. will be achieved.
Contact:
Perry Leopold
CEO
North Bay Resources Inc.
215-661-1100
http://www.northbayresources.com
NBRI's previous resistance levels are, .033, and .04, the charts do not go back far enough to see what else is resistance
NBRI closed above the 50MA and the 200MA, on friday. This is a bullish sign that its going to keep rising
That would be absolutely INSANE fmi81. That would increase profits margins greatly wouldn't it.
.0116 x .015
NBRI .034 x .039--Good entry point
NBRI is looking good today chitown
They are closing the deal monday? SWEEEEEEEEEEEET
NBRI is looking good today
NBRI Monte Cristo Claim Valuation by ORCA
Platinum, Palladium, Gold, Silver claim info
Check out NBRI's website for more info.
http://www.northbayresources.com/propndx.html
As recorded by the BC Ministry of Mines MINFILE No 092GNE013 and 092GNE019,the sands are estimated to contain inferred reserves of 22.7 million tonnes down to a depth of 30 meters, and that a 1.4 kilogram sample of sand,
taken at least a meter below surface, assayed 2.47 grams per tonne gold, 4.80 grams per tonne silver, 2.77 grams per tonne platinum, and 2.71 grams per tonne palladium.
Links to Public records:
http://minfile.gov.bc.ca/Summary.aspx?minfilno=092GNE013
http://minfile.gov.bc.ca/Summary.aspx?minfilno=092GNE019
Current value Estimated as:
Platinum = 2.77[g/t]/31.1[g] = 0.089[troy ounce per ton]
22,700,000 x 0.089 x $1359 = $2,745,587,700 of Platinum
Gold = 2.47[g/t]/31.1[g] = 0.079[troy ounce per ton]
22,700,000 x 0.079 x $1067= $1,913,451,100 of Gold
Palladium = 2.71[g/t]/31.1[g] = 0.087[troy ounce per ton]
22,700,000 x 0.087 x $329 = $649,742,100 of Palladium
Silver = 4.80[g/t]/31.1[g]= 0.15 [troy ounce per ton]
22,700,000 x 0.15 x $17.96 = $61,153,800 of Silver
Total Potential precious metal value from Monte Cristo claim alone:
$2,745,587,700
$1,913,451,100
$ 649,742,100
+ $61,153,800
= $5,369,934,700 = 5.3 billions!!!
This is just a Monte Cristo claim alone!!!
GRDO...that one is pretty jumpy. If you can get in around .008 or .009, it could be a good play