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Here's a couple more
https://finance.yahoo.com/news/north-bay-resources-inc-nbri-123000011.html
https://www.todayinbc.com/news/lytton-sites-receive-chinese-heritage-designation/
As I have said before mechanical mining at Van Winkle is dead. The land owners don't want it and neither do the First Nations
and only a few cells would support small scale artisanal mining
Sorry about your luck
Same candor and tone... and now a threat of suit.
I've known for a while, does anyone else?
THAT would make an interesting story!
"All my years" and "I've never"
Yeah because this is the league Perry plays in; beer league. If you want to deal with professionals 'who would never' then go invest in a real company.
Perry didn't want my claim for the minerals; he wanted it because the exploration was already done and on MINFILE.
The funny part is that rather than make a deal that was better for the company he went with the one that satisfied his hurt feelings.
He would have made more $$ on VanWinkle if he had sold it outright a year ago like he did with Monte Cristo.
Thankfully though he has not missed a paycheck yet. *YET*
or all the pumpers can gather up and start talking about how a little dilution is actually good for the company...
(Hint* Perry has payed himself more than he has ever spent on all his exploration activity in BC)
Honk honk!
Lies! It's not 5B!
Its 4.958B...
I seriously wonder when the dilution is going to start. The treasury is dry and it will be a year or more before any attempt can be made at a 'bulk sample'... so where's Perry's exorbitant salary gonna come from?
Are we going to have another gold chasers on Vancouver Island? because the Mt Washington claims all expire in June.
Have a look at the 2021 work report. You paid a geologist $10k to grab 5 samples 20 feet from a logging road, and in the end he gets excited about looking for copper on the claim I now own... Honk honk.
Which means the treasury is dryyyyyy. The ended the last Q with $8500 in the bank.
I guess Perry should have taken my offer before I found out what he was after...
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/viewer.html?pdfurl=https%3A%2F%2Faris.empr.gov.bc.ca%2FArisReports%2F09381.PDF&clen=558864&chunk=true
Should dovetail with my current portfolio quite nicely.
Crazy is believing this is going anywhere but no bid. Have you asked Perry how much of the debt on the books is convertible to shares? In its current form NBRI is not viable and instead of doing smart business he plays games and lurks his Ihub board.
Personal - Not really
Painful - Not at all
I like mining, and saw Van Winkle as a change in scenery that would support a very small scale operation.
The claim Perry wanted only cost me $36 so I'll kick rocks there as a supplement to my hobby and will take great satisfaction in doing so. Way less politics up there in the bush vs Lytton.
If he wants to buy it from me it is for sale.
Yep. Perry tipped his hand, I knew he wanted it, but rather than make a deal for two cells at Van Winkle he chose to partner with a group who will never be able to mine the property extensively.
As I have stated before; the community and local First Nations did not want NBRI digging in their back yard so barriers to entry were put up. Now Gold Chasers are going to give it a try and will find the same headwinds and more as the tone has changed against miners on the Fraser.
As far as the Tulameen is considered I can make it a spot to collect samples for analysis and explore for minerals for longer than Perry will be alive.
Just remember your CEO chose a JV that is almost guaranteed not to generate revenue over an addition to the property you all have hung your hopes on.
Perry didn't want me to get my mitts on any part of VanWinkle and I'll do my part in kind at Tulameen.
I will put out an open offer though; if anyone wants to buy this claim adjacent to 'billions in the ground' and coveted by the CEO feel free to shoot me a DM. Maybe Perry will JV with you too! Lol
I found out Perry wanted it so I beat him to the punch.
and rather than make a deal on the property hailed as the future of NBRI that has 'billions in the ground' he chose to deal with a couple of hucksters that will never break the 10 oz per year threshold.
VanWinkle is dead.
Its a desperation move. Gold Chasers dont have any money so they can't hire anyone, and submitting a work report with enough labour to be meaningful isn't feasible in such a short time frame. Lots of guys are choked they're breaking a bunch of rules as they go which is why there are troubles on the Fraser in the first place. North Bay is a party to those troubles too.
Wait until one of those volunteers gets hurt and North Bay is liable for 10% of the suit.
10 or 20 better companies have all wandered through the Tulameen drilling holes as they went. Not worth anyone's time.
The old placer miners did well 150 years ago but thats all played out now. I suppose I am going to have to go up there now and kick rocks to keep my new claim in good standing.
At least there is good fishing near by.
Would you like to buy a claim right next to NBRI's Tulameen properties? I just so happen to have one and I hear there's billions in the ground.
Wait until the 'Gold Chasers' come up against the land owners, local First Nation, and all the archeological designations at VanWinkle.
If they make it that far. Seems that large groups of volunteers are frowned upon in the mining industry...
You can see here and all the other VanWinkle claims that NBRI now only retains 10% ownership.
https://www.mtonline.gov.bc.ca/mtov/tenureDetail.do?tenureNumberIDParam=545980
NBRI just JV'd VanWinkle!
Joint Venture partner 'Gold Chasers' looking for volunteers to help get Perry's claims back into good standing before Feb.20 deadline.
Bwahahaha
WRR whispers of OZ/T!
Drill results are due in the next couple weeks, and opinions of savvy drillers based on *visible gold* in the drillings suggesting grades could be in the ounces per ton and not your typical grams per ton.
*visible gold in the chips is VERY RARE*
With a $10M market cap this one will easily triple and more probably 5x
Strong buy
If you liked NBRI's 5 projects at $.0035 then you are going to love it here at 75% off.
and even more so when they lose 4 of those projects (Fraser next month and all but Tulameen in June)
Arbitrage Opportunity!
WRR.V up 50% today on big volume. WRRZF showing no gainz...
Your welcome to who ever picks up that free $$
Research Article:
One of the only detailed research articles around. Suggesting a market value of around $.40 which is a 10x from here.
http://epsteinresearch.com/2021/01/12/highest-grade-gold-junior-in-nevada-that-no-ones-heard-of-walker-river-resources/
WRRZF Gold in NV
96.03 g/t over 13.7 m in LC19-42 incl 547 g/t over 1.5m, 115 g/t over 1.5 m, and 199 g/t over 1.5 m
94.g/t over 6.1 m in LC 19-43 incl 305 g/t over 1.5 m and73.8 g/t over 1.5m
These holes were drilled in 2019 and the company completed another phase of infill in this area in November.
The results of this recent activity are expected next month, and possibly in the next 2 weeks.
This co is unknown and unloved with a market cap of just $7m. Once large companies working in NV take notice (I know of a few private player that have) Walker River is going to be a hot takeover target. I've heard whispers of $.15 as a hostile bid which means its likely worth way more.
10x potential when they prove out two other areas that lie 1.5 miles on either side of their main area. Both of those areas show evidence of mining from 100 years ago and returned values of 9 g/t Au and 2.22% Cu from an outcrop at Pike's peak.
WRRZF Gold in NV
96.03 g/t over 13.7 m in LC19-42 incl 547 g/t over 1.5m, 115 g/t over 1.5 m, and 199 g/t over 1.5 m
94.g/t over 6.1 m in LC 19-43 incl 305 g/t over 1.5 m and73.8 g/t over 1.5m
These holes were drilled in 2019 and the company completed another phase of infill in this area in November.
The results of this recent activity are expected next month, and possibly in the next 2 weeks.
This co is unknown and unloved with a market cap of just $7m. Once large companies working in NV take notice (I know of a few private player that have) Walker River is going to be a hot takeover target. I've heard whispers of $.15 as a hostile bid which means its likely worth way more.
10x potential when they prove out two other areas that lie 1.5 miles on either side of their main area. Both of those areas show evidence of mining from 100 years ago and returned values of 9 g/t Au and 2.22% Cu from an outcrop at Pike's peak.
WWRZF bottom is in with drill results on deck
NV gold play with promising drill results on deck over the next 2 weeks to a month.
Keep an eye out for shocking grades (they have hit a few in the oz/ton range) as they recent program went through the high grade zones in preparation for a 43-101 resource est.
10x from here
Round trip back to the 7's today...
Perry doing a little shopping for claims today too. Quickly heading to becoming a 1 property play so a guy might as well put some lipstick on it.
WRR Great chance to buy into an unknown and wildly undervalued gold company.
Big grades on shallow holes over the years include
18m @ 7.62 g/t Au 7m from surface
14m @ 42 g/t Au 1.5m from surface
14m @ 96 g/t Au 65m from surface
and on the outskirts of the deposit they drilled
59m @ 1.04 g/t Au 7m from surface
and recently
29m @ 1.61 g/t Au 26m from surface
They recently completed a bunch of holes right through the meat of the deposit and results are due some time in February. The expectation is there will be some good results as a recent PR said there was 'visible gold' in chips in at least two of the drill holes.
WRR.V for the Canucks and WRRZF in the land of the free
WRR Great chance to buy into an unknown and wildly undervalued gold company.
Big grades on shallow holes over the years include
18m @ 7.62 g/t Au 7m from surface
14m @ 42 g/t Au 1.5m from surface
14m @ 96 g/t Au 65m from surface
and on the outskirts of the deposit they drilled
59m @ 1.04 g/t Au 7m from surface
and recently
29m @ 1.61 g/t Au 26m from surface
They recently completed a bunch of holes right through the meat of the deposit and results are due some time in February. The expectation is there will be some good results as a recent PR said there was 'visible gold' in chips in at least two of the drill holes.
WRR.V for the Canucks and WRRZF in the land of the free
WRR Great chance to buy into an unknown and wildly undervalued gold company.
Big grades on shallow holes over the years include
18m @ 7.62 g/t Au 7m from surface
14m @ 42 g/t Au 1.5m from surface
14m @ 96 g/t Au 65m from surface
and on the outskirts of the deposit they drilled
59m @ 1.04 g/t Au 7m from surface
and recently
29m @ 1.61 g/t Au 26m from surface
They recently completed a bunch of holes right through the meat of the deposit and results are due some time in February. The expectation is there will be some good results as a recent PR said there was 'visible gold' in chips in at least two of the drill holes.
WRR.V for the Canucks and WRRZF in the land of the free
If you think there are any inconsistencies in my assessment I suggest you familiarize yourself with BC's MTO system. All of NBRI's claims in good standing are listed there and you can see the maps of where they are.
The one viable claim they had was the VanWinkle property, but after speaking to the property owners I knew there was no chance it would be mined. Perry has stated that it was the First Nation that stalled the project, and while on the surface it is true what he won't admit is that he ran up against a tight knit community. The Mundalls own a 150 year old farm where NBRI was hoping to mine and when Perry suggested he was going to raise it to the ground they revolted.
A call to the band for help is all that was needed and stall. Of course that was never released and investors were just left to guess. Then there was a reverse split and the stock went no bid for a couple years.
Now Perry is back to the market trying to raise money for this new adventure up the Tulameen. He is going to have to raise a bunch of capital to keep Mt Washington, Zippa, and all his other claims on top of organizing a 'Notice of Work' for his bulk sample. There isn't enough liquidity here to finance the minimum let alone his salary and a sampling program that is at *least a year away based on the Ministry of Mines backlog.
Whats more likely is another roll back and dilution. If you thinks he cares about shareholders wait and see...
Just making good on a promise.
and one to myself to make sure a novice investor doesn't mistake this co for a viable one.
I do have some experience in the BC mining scene
You can't. Estimate a Resource. With SURFACE SAMPLES.
A "back of the napkin" 43 101 based off of 100% recovery rates and purely homogenous deposit assumptions without *ONE* drill hole or subsurface sample is asinine.
Claims like this are a dime a dozen; hell I could get a 1000 acre claim *right next to Perry's* right now for $3000 CAD. I can wander down to Britton Creek grab a couple samples, get a few others from whatever outcrops I find and find Pt, and gold and all kinds of stuff. That doesn't mean I have $4B underground.
The fact this co has a $3.5m market cap is an incredible misprice. All projects (ALL) but Tulameen are about expire and fall from NBRI's ownership. So the sole valuation of their cap is based on a claim in an area that was worked heavily for 140 years that they acquired only a few years ago and that can be easily replicated for a few thousand dollars today.
ANYBODY considering this as an investment should find something different.
All paid for by shareholders.
For a back of the napkin resource based on fairy tails and 'grounded' on a hand full of high graded samples.
At 70 years of age this is his last squeeze of the pink sheet sheep before the shell gets spun off to some energy drink company.
Apparently he still keeps an eye on things here.
As CEO's of all serious mining companies do...
I wonder what Perry's alias is here?
When he logs in I would hope that he would tell you that most of NBRI's BC claims are set to expire within months, and the ONE project he is developing is only good to 2024. The 'back of the napkin' resource estimate is LAUGHABLE, and anyone taking it seriously knows nothing about mining.
The company only has $8,000 in the bank so any 'payment in lieu of work' will be financed by shareholders. My rough calculations show a need for $120k in 2022 just to keep their claims current for an extra 12 months.
Thats on top of the $200k a year Perry draws as a salary... paid by investors.
Do you think there is $2-300k in liquidity to keep the market cap up at these already lofty levels? NOooo there is not.
NBRI is a fantastic miner; if mining the stock market is their goal.
If you are considering investing here find another candidate.
Going back to No Bid soon
Hidden GEM drill results
Drill results coming in a few weeks, and there was visible gold noted in at least two samples.
Historical zone in NV and a market cap of $7.5m
10x potential
Walker River Resources
WRR.V
WRR.V gold expo in NV
They have drilled some hot holes and the latest campaign saw them targeting the meat of their deposit. This was in development of a 43-101 compliant resource est. Visible gold was found in at least 2 samples of their 14 holes and folks are expecting some hot ground to be uncovered.
Huge potential with a $7m market cap. 10x longer term
WRR.V
Gold expo in NV awaiting drill results that are du in 3-5 weeks. They have had some hot holes over the last 4 years and laid 14 fresh holes through the fat of the deposit.
The last PR said there was visible gold in at least 2 samples so expect some big results to be announced early Feb.
.12 target for a start
Ask getting thin on the TSX and HUGE support at .04
Drill results will be coming in at the end of January and early Feb. Visible gold seen in some of the samples so there should be some hot holes.
.12 target for a start on this one
WRR drill results due in the next 5 to 8 weeks.
This co has a hot property in NV that has drilled some incredible holes, and has about 200m shares out.
It was stated they were drilling through the meat of the deposit in advance of a 43-101 resource est.
.04 a share in snow mexican pesos (CDN) because the CEO is autistic and no one likes him.
Word on the street is shareholders are working on his replacement...
Walker River Resources
Now the waiting game. I'll be waiting to steal 3's and 4's over the next 6 weeks while we wait for results.