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Hey, Like Minds Think Alike Again.
And, I have a similar LINK too.
Anyone divesting down here is
being very Gracious to other, IMHO.
GL - NBRI
Spanky,
That is very good news if they can make it happen.
Brings a bit more optimism to the game. Lets hope
that "something" is going to occur that will
genuinely lift the share price moreso than the
current levels where the pump and dump artists
work. We have to get out of this range; my guess
would be a share price at a minimum above 5+ or 6,
to provide enough gravity defiance to begin an
upward ascent. I think that Perry has it in his mind
to mine; for the benefit of the shareholders NOT TO
MENTION the viability of the company to pay its bills,
I see them mining and finding some level of significant
gold this Summer a NECESSITY. That is unless Perry has
some other financing in his back pocket we have yet to
learn about, which though possible does not seem plausable
yet. This may become a reality WHEN we find Gold, but
certainly we are stuck in our current situation until at
least then, and may be on our own going forward for the
duration. Much of this is not in anyone's control yet,
which is why FEAR has been rampant and the share price
plunging. I would like to believe that Larger Hands do
not suspect or know something negative regarding this than
non-preferred Investors do. As I said before, will be an
interesting several weeks in front of us - to say the least!
Just as aside, CA is supposed to experience a very large
El Nino (wet weather) late in the Fall / Winter, which if it
comes in at all as expected and predicted is going to make
traversing the roads leading to the Ruby nearly impossible on
a regular basis. All the more reason why the clock is ticking
loudly now; lets hope that CEO Perry has good ears and his
ears to the ground as well. Of course we here will all see...
GL - NBRI
Optimism vs Integrity
That is what is being weighed here by everyone who does not want to lose their shirt. Investors want to see at a minimum return on investment, and certainly the stock price has not delivered.
Is this the specific fault of the CEO? Certainly not. However, it was obviously known that the last press release by him was going to send a very cold shiver through the stock price, given all the expectation that had been built up with the "Eight Weeks OR LESS" prediction from the prior release, none of which got delivered.
The last press release was one of the few reports that did not come out that had forward looking guidance with a timeline that never delivered. In fact, this release had a note of caution to it, that I think caused many here who were holding to not risk holding on for any more similar news. This is the first type of release that I have read, call it a Reality Check, that showed this.
The prior optimistic PR's could be kindly blamed on lack of experience or knowledge, others I am sure would call it a technique designed to inflate. Certainly if the CEO was as capable as everyone has equated him to be the sheer volume of what has turned out to be overly optimistic forward PR guidance that occurred would be able to be counted on one the fingers of one hand, and not all the fingers and toes put together!
This Summer is going to be very telling. If NBRI does not mine, the stock will certainly go sub-penny, and then head into oblivion with no ability to sell enough shares to pay its bills. One would have to believe that at the price that the stock is selling at now this will be difficult enough. More share dilution will certainly not aide any Investors here going forward, because those new shareholders who buy lower as a result of dilution can sell lower too than many already in, making their wait all the longer to get out with their initial investment not to mention a possible profit.
Unfortunately all the good wishes and hype of the CEO will not prevent this from happening; we are near the end of the rope. NBRI is going to have to produce a rabbit out of its hat, and soon, or this will certainly be sub penny and then gone before they have any hope of paying the bill on the Ruby in Dec. 2015.
GL - NBRI
OK, I was off a few months.
We do have a Final Note due in December, 2015 correct?
Is there a plan or Agreement in place to retain rights
if this Note is not paid in full as is currently agreed?
That was my question; time passes very quickly and the
pressure will really be on if they don't mine soon,
and come up with noteworthy results soon.
Thanks
Have a Good One
Had to step out and do some chores before it gets too late.
And by all means would never ask anyone to divulge anything.
I perceive there is an uneasy sense regarding the recent lack
of support and the most recent newz spooked folks I think. I
too am trusting that nothing materially has changed, except
of course the share price. Makes it all the more difficult to
pay the bills I imagine; a tenuous balancing act, for sure.
GL - NBRI
I need to mention we still need the Heritage
Report on the Fraser, correct, before anything
can even begin. I think it is very optimistic to
believe that the Fraser will be mined this year;
sure hope it is not also optimistic regarding Ruby!
Only Perry and Company know for sure. Has anyone
dropped a dime in that direction recently? I think
the unknowing is more damaging than anything else.
Thanks Beau
But I think there is a Final Note due on the mine in July 2015.
Looks to me that people are now betting that NBRI is going to
run out of money before they are able to find any gold at all.
You would likely know better than anyone though; are you still
staying in touch with Perry? Obliged
I read the post also
And I believe that is what Beau meant.
Perhaps he posted pre-coffee.
Any Idea How Perry
can pay the bills at this price? Wondering just what kind of
dilution this is going to continue to have on this stock, and
what that is going to mean to Investors holding shares.
The Note on the Ruby is due the middle of next year; does
anyone know if there is a plan in place to refinance, and
if so how will that be possible? It looks to me that they
are going to need to mine this year, and find gold, or this
may not end well at all. Next year is not very far away, and
there will be no mining this winter. Not long to get the gold.
Just being realistic and musing. GL - NBRI
Eventually What Happens
Is that the strong hands have scooped all
available shares of any quantity, and the
only thing left is not worth the commish.
Soon, imvho, that is what is going to be
the case.
Rarely do I go out on a limb, but upon
doing the necessary DD and knowing
more than I care to disclose in this
post I decided it was time to pony up.
GL in your share search / acquisition.
If you're really an Investor "all aboard".
GL - NBRI
Like Minds Think Alike (And Smart)
Was thinking just that after re-reading the geological.
Why spend money doing drilling when it is very likely
wiser spent to just mine. I hope that our on-site
geologist concurs, or in the alternate a better idea.
As I said before, I rarely stick my neck out. But I
really do believe an investment here will reward!
GL - NBRI
JMHO, I Don't Know
When you got in, or your PPS.
NBRI is Very close to a Bottom,
IF it has not already Made One.
Sustainable - Very Possible Now.
Don't let your emotions get in the
way of why you bought, this is not
like buying a Fortune 500 company,
But remember they All started as
Major Question Marks. I rarely stick
my neck out. This is a time for any
sustainable shareholder to hold on
securely & enjoy the ride. GL - NBRI
Well, This Was A Prescient Post
Other than - Snicker - the Satire!
We Started A Bottom on Tuesday
and Could Have Finished It Off
this Friday, JUST PERHAPS!
Maybe ONE MORE CANDLE...or so...
Me thinks NBRI Made A Bottom, and
NOW to see What is NEXT. IMHO
Any Shareholders (not creditors)
selling at These Levels Are:
#1. Losing Thier Money, and
#2. Missing Out On Gains.
This Is NOT The TIME To SELL.
SIT TIGHT And Enjoy The Ride!
GL - NBRI
I Really Appreciate
Your Pragmatic, Informative, And Insightful Posts.
You have kept things in perspective even when
price and outward appearance appeared to be falling
apart. Thank you for the genuineness & thoughtfulness.
Looks like you were "on board" for some of the Cheapies
today. GL - NBRI
Volume Speaks Loudly
Weekly VOLUME the MOST for NBRI in FIVE Years.
Pinched Keltner and Bollinger foretold a Large move,
and we got one, including the lynch-pin drop today.
We'll see what happens now with costs dilution, and
how well NBRI creditors behave. Will Be Interesting.
Certainly seems to indicate that a BOTTOM is fast
approaching, If Not In Place. Appears some Strong
Hands took some shares of the table this week, and
and likely not going to do any dumping at the bottom
anytime soon. We'll See. GL - NBRI
Down 25 K (Thousand)
I Feel for you mate. Myself, Not down a Penny - not even a Cent.
However, as a Penny or slightly Sub-Penny stock, which we will be at soon, I am in for a FLIP. GL
NBRI
Train Wreck Waiting to Happen
All this CEO has to do is open his mouth, and problems begin.
Not ONE of his forward looking statements have panned out.
Every single statement he has made either has NOT happened,
OR is years behind any possibility.
Not someplace smart to put your hard earned life savings,
unless you are looking for a 90% or more Haircut, loss on your
investment as has happened to the stock price in less than
three years time since he was the CEO. Go Team Leopold,
right to the POOR HOUSE.
NBRI
Don't Trust A CEO
That continues to give forward looking information that NEVER comes true. That Is THE history of THIS CEO To Date.
Yep, A 90% INVESTMENT LOSS From LESS THAN 3 Years Ago TO DATE.
.22 to .02 SHARE PRICE. DO THE MATH.
Better stay away from the Kool Aide; they say mushroom tea is better for what ails Ya'll.
NBRI
Toxic Financing Continues
Please post the link to the NEWS about NEW Financing.
I checked the Company website, and several financial sites,
and see NOTHING of the kind. NO NEWS AT ALL!
Kindly Advise.
NBRI
NBRI Is A Lottery Ticket
Very ironic that you post this Malc.
I have DIRECT knowledge that the CEO stated THESE EXACT
SAME WORDS!
And if someone needs me to PROVE this, and has addressed
me civilly in the past, I will be glad to get them the EXACT DATE.
This Stock is good for a FLIP at .015 or a Penny, and Not More.
IT HAS THE CHANCE OF WINNING AS A LOTTERY TICKET.
NBRI
Less Than Credible
The multi-years string of not honored forward predictions and statements attest that the CEO is less than credible. His record speaks for itself, and that is the real truth. And, when you are in charge of a publicly trades company carefully speaking and honoring your word is job ONE!
Rather easy to see why the CEO took shares rather than pay, there is no money to be had. Last investor that was supposed to receive specimen gold had to take cash and a pittance in interest compared to what was agreed because there was no gold mined from the Ruby as promised to be had. NBRI is cash strapped!
Share price has already been bled from .22 to .02 in less than three years since this CEO took charge, not much lower you can go, right? A 90% LOSS to shareholders by correct & real math.
As far as triple digits, or lower than where we are now, very likely.
NONE, ZERO of the prior predictions have come true or come to fruition, why anyone would believe this is suddenly going to change is beyond me.
This Management has a history of story telling, and so far nothing has shown that they have changed from a story teller to realist. That would IMPOLODE share prices, and empty the cookie jar which this CEO and his auxiliary companies have been paid handsomely for over several years.
Nothing to convince me, or realistically show me that NBRI is not heading to .015 and then lower. Good for a FLIP, and nothing more.
A Word To The Wise, Don't Drink The Kool Aid Being Pitched!
NBRI
Volume Speaks Louder Than Hype
When this stock bottoms THEN there is a chance of Icarus flying.
Without any VOLUME, it is obvious that NO ONE GIVES A HOOT!
If No One gives a hoot than there is no Insider buying ANYTHING!
Ever see a Rocket LAUNCH that did not first shed its Boosters?
This stock is going NO WHERE without a Bottom in place, likely
several days of bottoming. And THEN we will see if there is News.
I have NO DOUBT we will be @ .015 OR LOWER within a MONTH.
Anyone that rushes into buying this stock should look at the one
year chart, where anyone that bought that high has LOST 83%.
You can mark this post; share dilution gonna be yer friend, if
you like "Cheapies". Me, I am in it for a Flip, and that is All.
You Gamblers can hold onto the Bait and Switch while they
perform their Hopium Magic Spell. NOT ME! See You sub Penny
Before FALL...Just Before The Mine Closes Up For The WINTER.
NBRI
Volume Speaks Louder Than Hype
When this stock bottoms THEN there is a chance of Icarus flying.
Without any VOLUME, it is obvious that NO ONE GIVES A HOOT!
If No One gives a hoot than there is no Insider buying ANYTHING!
Ever see a Rocket LAUNCH that did not first shed its Boosters?
This stock is going NO WHERE without a Bottom in place, likely
several days of bottoming. And THEN we will see if there is News.
I have NO DOUBT we will be at .15 or LOWER within a month.
Anyone that rushes into buying this stock should look at the one
year chart, where anyone that bought that high has LOST 83%.
You can mark this post; share dilution gonna be yer friend, if
you like "cheapies". Me, I am in it for a Flip, and that is all!
You gamblers can hold onto the bait and switch while they perform
the Hopium Magic Spell. NOT ME! See you sub penny before Fall...
NBRI
White Channel Results
I cannot recall any White Channel results.
Was anyone expecting anything from the White Channel.
I thought this was part of their gravel hauling business.
I wonder how much they got for that load of gravel anyway.
And how much that load of gravel cost.
Probably sold for a loss - no worries, shareholders paid the bill!
NBRI
Maybe To Honor The Debt.
And To Honer Your Word.
Might be a good reason to do it - to do what you initially offered.
If the secondary payment of interest was the promise, their would have been no inclusion of specimen gold. Poor guy got duped.
It is selective recall not to look at the history of misinformation disseminated by this company and the Head Of Management in particular. If He did not know what he was talking about at the time, then he needed to not say something that people would rely on. Many here are deeply underwater because of an "Uneducated" CEO, if that is what you want to kindly call it. It's not genuine or fair - and please don't tell me that life is not fair! People should have been able to rely on what this guy said - the fact IS He was unreliable and that IS His History!
The share price is one sixth of what it was less than one year ago. Is there a reason for this - sure - the lack of credible information offered might be a good place to start looking when asking why. I am glad I am not one of the bagholders who bought in; I am just here for a flip, when that play comes to pass.
I would like to see some credible news come out, something related directly to gold production. So far, in how many years, they have not been able to do this. If everyone "knows" where the gold is, in the Black Channel, mine some, just a little OK, and show the gold for God's sake. The bait and switch is growing old, and investors are now far too wary. That is the reason the volume has dropped off the map, no one trusts this management, and specifically the person leading it, and that is the sad honest truth.
NBRI
Who Would That Benefit?
Might benefit the vast majority who are underwater here and in losing positions in this stock. Depends on how they TAX the release.
I don't take my hard earned money and dump it into a Coulda, Woulda, Shoulda PLAY, which GAMBLING on a release is. We don't know ANY of the terms and conditions, other than the FORWARD LOOKING statements of Management.
And we ALL are aware how credible and REAL those statements have been in the PAST. They have NOT been an accurate guide of ANYTHING.
NBRI
NBRI Stock Of 2012, 2013, 2014 And The Decade
On Friday April 18, 2014, "The Stock Of The Decade, of 2012, 2013, and now of 2014" had a Grand Total of Four Trades Amounting To A Grand Total of about $5,000.00 In Trading! The Volume Is Absolutely Pathetic, And Speaks Loudly To The Inherent Risk Here. NO ONE WANTS TO BUY THIS STOCK At This Price. And, Because Of Share Dilution And Stock Price Decline, Those Invested Are Stuck And Cannot Get Out.
This MIGHT Be A SUB-PENNY Play.
If History Is a Guide We Will Be There By Mid-Summer, For Sure!
I Might consider the gamble at below one penny for a Flip.
Holding onto NBRI, well, ask anyone here how much money they have that is indicated as profit in their accounts for their hard earned money and endeavors. SLIM TO NONE.
The Canary In The Mine Keeps Chirping, WARNING, BEWARE, WARNING !!! While The "FOOLS GOLD" Stock Of The Decade Keeps Tanking!!! Very SAD But Very True.
Hard To Imagine (IRA Rollover)
It is hard for me to imagine how one could take a decade or three of their life savings and drop it into an extremely risky play like this is. For me something that took so long to acquire needs to be put somewhere very very safe. This is anything BUT safe.
I have two dear associates in their 80's now, and see what a hundred or two hundred dollars means to them living on social security and limited pensions. I believe ones perspective really changes, and correctly so, when living this life, that one cannot accurately assess when still working. This is what I have seen.
I don't believe that this company is organized enough to survive. One look at the filings and news releases tells me that the people that have the real power and are running this show here are helter-skelter in their thinking regarding careful planning and forward thinking logic. Certainly many people's retirement funds have vanished because of believing in this company, as well as the dear money that disappeared in stock that they invested. Sad to see.
GL in your up and coming planned play here. I guess since you are going to be bringing a lot of coin here into this play we will see it with some buying soon at the Ask. I wouldn't consider risking even a penny here until it drops below .015, which in my humble opinion given share dilution will be a reality within a month (looking at the drop into the two's). If it bounces off one cent it might go back to two; one cent or below would be a strong play imho if they do have some viable and real good news before Fall and what is projected to be a very snowy winter next year sets in. We'll see.
Thanks!
EOM.
Just Curious...
What kind of options are out there and how long does paperwork usually take. Gotta friend who is considering doing the same. TX
NBRI - A Swirling Bowl Of CONFUSION !!!
The Float, Outstanding Shares, and Authorized Shares Of This Stock Have ALL Increased Dramatically From One Year Ago !!!
AND THAT FOR THE HONEST FOLK READING IS THE TRUTH!
This Company Has Been Selling Stock To Pay For Managements Misstatements & Continuing Series Of Revolving Broken Promises.
MISCHIEF !!!
My Policy Is ALWAYS Tell The TRUTH And To NEVER MISLEAD.
BEWARE !!!!!
BUY - HOLD - & WAIT, WAIT, WAIT !!!
YES, BUY - HOLD - WAIT!!! WAITING FOR GEDOT!!! The Share Price is 1/6 of what it was LESS THAN ONE YEAR AGO when share price was at .12. This means Investors have LOST 5/6 of their Investment!!! For every one dollar invested they now have 16 cents to show for their trust and determination, AND NO WAY TO GET OUT!!! SAD, VERY SAD.
YES, STOCK OF THE DECADE. A GOLD PRODUCER BY 2012 - NOT, NOT, NOT!!! THEY ARE NOT - A - MINER AND DO NOT PRODUCE ANYTHING OTHER THAN SHARE DILUTION!!!
THIS STOCK HAS BEEN AND WILL CONTINUE TO TANK. IT IS DESTINED FOR A SHARE PRICE OF ZERO AND DE-LISTING.
THEN THE HOPIUM SUPPLY WILL BE GONE, AND SO WILL ALL YOUR HARD EARNED MONEY!!! THIS IS THE TRUTH.
Like The Canary In A Coal Mine!
Well, the Ferrari's, Mobile Homes, AND Ocean Front Homes counting has subsided momentarily!
Now, the only thing we KNOW FOR SURE is the Copius Data and History of TREMENDOUS Misplanning and Mismanagement by this Company, and FAR TOO MANY Failed Projections of Imminent Mining and Soon To Be Gold!
Take a look at the News Releases for PROOF! And that, for anyone reading this, and for all the "well-wishing" posters here, are the TRUE & HONEST & REAL FACTS!
This company is NOT a Miner and they have not produced ANY more GOLD that a decent panner, and in certainly MANY years MORE time! Certainly enough "Kool Aid" has been ladled here.
What percentage of the regular posters here have winning positions to record? From everything I can surmise, everyone has been "Averaging Down". Ask Warren Buffet, or any other astute investor about the concept of "Averaging Down" on a LOSING POSITION. They will tell you that it is a CARDINAL "NO-NO" and one of the Golden Rules to AVOID BIG TIME IN Profitable Investing.
The CANARY IS CHIRPING, And For The Same Reason They Brought Them Into Mines To Begin With, To Alert And Sound WARNING TO BEWARE!
Remember, DO YOUR OWN DD Before You Invest YOUR Hard Earned Money !!!
Personnel Are Hired To Move Gravel
And that is all they have done so far. No one is mining anything.
Ever watch someone in the military dig a hole? And then fill it up.
And then go and dig another hole?
You would not call this person a ditch digger, would you?
Same thing here. They are schlepping around piles of gravel, while management gets paid to relax by the pool with a Mai Tai.
If so many had not lost so much it would be funny. But it's not.
This company has produced only Spin. Nothing More. Very Sad.
NEW Multi Year LOWS Coming, & SOON. Take It To The Bank!
GL
Price To Adjust Accordingly - DOWN
Folks, we need to look around here realistically and be honest.
Just look at this weeks Pump & Dump.
Read Malc's posts for the reason for the advertising and price manipulation, the rapid rise and fall this week.
And this comes less than two weeks from new multi-year lows.
If we don't get to new lows dramatically before Summer hits, this stock will just slow bleed all Summer.
There is NOT going to be any mining this year. Take that to the Bank!
So far this "mining" company has produced EXACTLY Zero mining!!!
GL (you will need it)
YOU'RE Right. .0018 SOON TOO!
I will flip to anyone that wants to Hold the Bag - NO Prejudice!
You want to Volunteer, I can PM when it's time. GL
.023 Cheapies - NOT! We're Here For A REASON
The reason is the distrust and false and misleading repeated projections by CEO Perry (AKA, Managment). He has mislead many, and cost many many good folks a small fortune and many their savings. VERY SAD.
That is why I will leave Buy & Hold to the RISKTAKERS & BAGHOLDERS - You Brave Souls.
Me, I want Cha-Ching in the bank! See you at .018 SOON!
GL
.023 - Why Are We Back Near The Lows?
Good question, isn't it. Why are we hovering at the multi-year lows? Seems there is suspicion about this company.
Looking for an initial buy at .018 then lower for a flip!
Got any Bagholders in mind? GL