is...looking for nuts
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Another amended 10-K filed today. Methinks the SEC is on to them finally and maybe their under the microscope. Some of the agreements for the convertible notes that were never filed before are now part of the exhibits.
NBRI. Your focus on only convertible debt is making you miss the forest for the trees.
What is your view on the US trade deficit? Or the US National debt for that matter? Is that not convertible debt? A dollar bill is a single share of common stock in USA Inc. What is it worth per share and what will it be worth in the future when the debt matures and the note holders demand conversion to shares (dollars)?
Convertible debt makes the world go round. Any business owner (or country) trying to grow their business (or economy) by borrowing can tell you that.
The key is not the debt but what you do with the money loaned to grow the business. If you squander it you will fail. But if you use it wisely to invest and grow your assets you will succeed. NBRI has used its loans wisely IMO. If you look back to where NBRI was just 3 years ago its like night and day. Their management of debt has been superb. Perhaps you can tell us what you would have done differently and how you could have brought us to the same place and the verge of becoming a gold producer without using converible debt?
And wheres boobies? He never says anythig when NBRI goes up.
Has the shareholder meeting been delayed again? It was supposed to be this month but Ive seen no news.
Check out the banner ad at the top of the screen in that video. Its NBRI! Nice.
The pictures come from gold that has already been produced at the Ruby. That is a matter of verifiable record. Are you saying they are fabricated? Then you better take it up with the curator at the Los Angeles museum where those nuggets are on public display.
If you are calling yesterdays pr "hype" then when they announce the number of ounces of gold produced and the amount of revenue generated from gold sales you will call that hype too.
Agreed. Theyve proven their hell bent on getting this done. Mother nature and mother earth will set the timetable. The news today was like a breath of fresh air.
I thought u sed the CEO calls you all the time? Why don't u ask him next time you powwow and clue us in. The 8K sez what changed tho.
Sweet! Tangiers still 100% onboard.
I just peed my pants.
Maybe that's why they just sold 2,000 ounces of gold in advance? That's around $2.5M right there.
Would you spend a single hour of your time posting on a stock you don't care about and have no stake it? I don't think so. I certainly wouldn't. How about another 10 hours of wasted time? Or 100 hours? We're talking over 1000 hours here. Do the math. Look at malc's profile and judge how much time it takes to post 850+ messages to the NBRI board let alone read all of the vitriolic responses and soak it all in. A simple explanation is all I am asking. Is that too much to ask for? The refusal by malc to give a simple explanation is very troublesome.
Every response on the NBRI board challenging malc gets deleted. That's why I came here. This is not about NBRI. This is about malc's extraordinary investment in time and effort for no apparent gain. Would you spend 1000 hours or more posting on a stock board you have no investment or stake in? I don't think so. We all have better things to do. Our time is valuable no? I just want to know why malc has such a burr under his saddle to spend so much time and I mean SO much time educating NBRI shareholders and warning them about impending doom. Sometime is not right here. Just look at malc's profile to see the number of posts he makes to all IHUB message boards and you will see what I mean. An occassioanal word of warning is fine. But 24/7? Something else is going on that malc is not talking about.
Thoughts of .10 are missing the big picture. This will easily go to over $1 pps when everything falls into place. Ruby and Fraser are the low hanging fruit. Look at the rest. The Tulameen Platinum pr last week can dwarf the Ruby and Fraser combined all by itself. $1.5B in olivine before even factoring in the platiunum?? The damn thing about NBRI is they understate what they have. Wish theyd come out and say they have a trillion in resources under management cause if you look at every property on the website thats what it looks like.
Avoiding the question by deflecting it back at me is disingenuous. If you are so concerned with the "free marketplace of ideals and truth", then answer the question honestly and without equivovation. All I am asking for is the truth. Is that too much to ask for?
Seems a tad over-defensive in here for some reason. I made no such ad hominem or any other sort of "attack". I asked a simple question. Why does malc spend what seems to be an inordinate amount of time posting on a stock board he claims he has no interest in? The board he posts to the most is this board with 2,766 posts. Then next highest is NBRI with 865 posts which is about 1/3 of his Progressive Stocks posts and almost TWICE as much as the next closest board. Why? Malc is not apparently a mining aficionado or a gold bug and doesn't appear to post on any other mining boards. He admits to not having a penny invested in NBRI. IMO something happened over the past year that made it malc's business to bash NBRI on an almost 24/7 basis. Why? The investment in time alone is consideable. In addition to the time it takes to compose and post 865 messages he reads every one of the thousands of posts. That's a lot of time invested. What's the payoff? This is not a criticism or any kind of slam. I simply want to understand the rationale.
The question is why out of the 5000 or so otc stocks that use convertible notes you decided to focus on NBRI in particular? Ever look at something like PCFG? Or GYST? Most others make NBRI's financing look AAA+. You seem to have some burr under your saddle where NBRI is concerned to spend so much time posting there for no possible gain.
Me too. IHUB admin is now limiting me to 1 post a day while malc and rear can post their asses off. Sumthing stinks in river city. Is malc an IHUB investor that gets special privileges? Something is very wrong here. I really dont care cause I know what I own, but newbies are being unfairly disadvantaged.
malcstone, what is the story with you and NBRI? Unless you are short you don't seem to have a penny invested there but even at minimum wage you appear to have tens of thousands of dollars invested in posting on that board. What's the deal? And what is your time worth? Other than this board your posts to the NBRI dwarfs any other board or stock you seem to have an interest in. You seem to have a burr under your saddle for some reason that must somehow justify the amount of time you spend over there. Just curious.
My bet is they had to withdraw the registration to make the restatements and will prolly file it again with the new statements. Not a big deal. I see companies withdraw and then refile registrations all the time for any number of technicalities.
Its only been 2 years since NBRI closed the purchase of the Ruby. Opening a mine usually takes a long time. Look at Sutter. Theyve had their mine since around 2004 and they are still trying to get it open. They were supposed to start mining a few months ago but nada. Now they say maybe next year. 10 years in the making and still no gold. If NBRI starts mining this year it will be in record time compared to most other mines.
I'd rather they put the cash to getting the Ruby into production. If they pay off JMJ that's money that is not going into production. This is not a zero sum game.
You are implying all of that goes into his pocket. Is that correct? Please be clear so we know what you are saying.
Read it again. This is high grade platinum with an industrial byproduct. Me likes.
Agreed. IMO the most important line in the pr is
The question then is who is doing the dumping? The OS and float hasnt changed by a single share in 3 months.
He said the same thing in a pr last winter.
http://www.marketwire.com/press-release/north-bay-resources-inc-nbri-renews-and-extends-financing-to-10m-otcbb-nbri-1753666.htm
Did u ever stop to think for a minute that maybe they dont want the EB5 money now? 2 years later they are close to starting pulling the gold without it. If they take the EB5 now they have to give up 40% of the mine. If they begin mining without it they keep 100%. Maybe thats why theres been no news about it? 2 years ago they needed it. Now not so much. Weve come a long way baby. Even a blind squirrel can see that. LOL!
Wow. We might drop to .05. 2 months ago we were at .03. Horrors! We are only up over 100% from a couple of months ago. This is terrible! NOT. Dude why are you so persistently negative? I think if the stock went to $1 you would be bitching that it wasnt at $2. Except you will certainly sell at .22 to break even and will never realize any gains from your investment. That is your fate. At least you have a great handle. I love boobies.
Better short Google, Apple, Microsoft, and the rest of the S&P 500 cause they all use banner ads. What's your point?
NBRI spent months churning between .03 and .04 and some peeps are happy with a 2 bagger here after the runup. Weak hands are selling to stronger hands at higher prices. That is how a base is formed on a rising chart IMO. They dont call it a golden cross fer nuttin honey.
Ur confusing the stock with the company. 2 different things.
Too bad u didn't buy Barrick. They hit their alltime high right around the time NBRI hit 22 cents. They just hit a 21 year low. U could have really had a good time posting over there.
Have u ever considered how much your daily pessimism contributes to people taking an early exit if their in or not getting in if they were thinking about it? ur shooting urself in the foot.
Why dont u tell us how you really feel? LOL!
News flash. .0001 is no bid. It can't go lower than that. I have never seen quad zero's.
Maybe another "conference" call with prescreened questions?