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Crashhh. PnD. No basis for this stock cept a few options. Looong way to go before any production.
I sense pressure building. Like everyone holding their breath waiting for news. $hits gunna blow here soon. Strait up. NBRI +1
I see 20 and 15k filled @ .038 before the 215k
Imma buy lobster dinners for our board admin when the low end of that hits. Remember this NBRI +1
In my previous post on operation i assumed they were going to use the diesel muckers they had when Brush Creek ran it. Basically those are small, low profile front end loaders. Since it was said they were widening the chute to bring equipment up to that level. Thats what my buddy ran and the job i was after. Perhaps that equipment stayed with that company. I guess we will find out
Finding the big ones... These guys are detecting similar as what I suspect the Ruby will do as they muck down near bedrock within highgrade areas. Same as i have seen in other underground drift mines. Once they detect the area and remove the specimen gold all the material gets sent to the plant to separate out the majority of the gold which will be smaller grades. Appropriately named the 'potato' patch, what these boys are finding is on par with Ruby history and our Future. Fast forward to minute 5:00 to get to the big un's and keep watching.... NBRI +1
Metal detecting for gold in mines. In Beau's recent trip they talked about doing same in the Ruby, only for placer gold for starters. This way they will preserve the condition of the larger nuggets and thus value. Modern technology improving productivity. This article was in the Sixteen to One mine just south of Ruby. The hardrock veins that Ruby holds are within the very same Melones fault.
Read on:
http://www.icmj.com/article-printing.php?id=2259&keywords=Detecting_at_the_Sixteen_to_One_Mine
In my simple newb way of thinking it appears a large stockholder was nice enough to spread out a $hitload of shares at a decent price while not sinking the ship and at the same time instilled some excitement and attention How nice of them. NBRI +1
Yissir to that. Picking up a few shares myself. I believe in NBRI +1
No sitting on hands. So first week (last week) they start drilling the chute and blast prep This week blast and muck and prep the chute. Then comes moving the equipment, diesel muckers up into the white channel. Then comes bulk sampling of that material by running it down the chute into the ore cars and through the trommel and sluices Then comes a PR of the cleanup (gold) and finally this Board can watch their ground floor investment rize up as the word spreads to other investors as they rush to ketchup. NBRI +1
I have been watching this one and passed. From it i have learned the term PnD and what stock marketing is. New company, all they have is options on the mines. No R&D, no permits, no equipment, no capital (well $14.00 showing!) and no chance of mining anytime soon. Yet look at it go. NBRI on the other hand has all and are/will be under production. I cant wait to see t our stock rize up! NBRI +1
Well this long comes from a different angle. I probably been to this mine more times than leopold. I have friends that WORKED in the mine when brush creek ran it and was subsequently shut down due to the low price of gold. I myself considered a job in the mine but continued college instead. I OWN mining claims and have mined gold in this area since the early 1970's w my dad. I have read the history of the mine as well as the adjacent Bald mountain and Kate Hardy/Omega mines and Sixteen to One and know what the potential is. I dont depend on their reports of what reserves mite be in there as anyone can make the same determination with some self research. I only depend on facts that show a lot of improvements at the mine have been made and that they are fully permitted (finally!) to to to work. Assuming they can financially last the winter, i think these shares have a golden opportunity to rize up as they prove production. I am not worried Now or next season. It will snow. I expect slowing or temp halt in production. I am not worried in the long run about NBRI And Ruby It will make many very happy. NBRI
Being logical, i just dont see much in the way of potential yet for any production and wondering where all the hype is from. Their not even close. Still taking samples and not even done at that. Most the work and risk lies ahead. All i see is a cheerleading fish that is probably paid to do that job. Maybe i am missing something here.
But so they have any other mines that are producing? Any experience at running a mine? Are the mines permitted and ready to go? Production is what counts. Gold in the bank not in the ground. Lotsa that everywhere.
Dumb question from a newb. Whats a good amount of this stock to buy up? As a percentage of your total holdings? Assuming your other holdings are funds making an easy 15% Should one risk 50%. 100%?? Is it that good? Im thinking half mill shares is a nice round number. That way i will be a millionaire minus taxes when it hits $2. I like the sound of that. NBRI +1
Lol. Buy more while cheep. Average down.
Its a warm storm. The roads are rocked. No worries NBRI sitting pretty for start up
Hand raised. Lol. Anyone keeping track of how much the convertible holder has sold out of the allottment? Off the top of my head i know the volume last week doesnt cover it
Like say. Lotso mis information being spread here.
Yup. Stagnant. No growth till somethings proven. Flat or drop 20% this week. Watch. Buy at .2
Widespread kali storm this week. But warm with higher snow levels. Mine should keep on rockn
No. Topped out. Ask Jersey
Thanks squirrel. May you find a golden nut in every venture.
Well duh. Knew that
Where is this collection now anyway? I checked the LA natural museum website and it says nothing about them
What or who is JMJ?
We havent been working these claims next to Ruby. Imma placer miner.. we been working our claims farther down Oregon Creek and on N Yuba River by Downieville lately. Next year I plan on doing more on these claims. I have multiple placer drift mines that I would love nothing more than to get into, but the condition of the mines will not allow that except on the outside reaches. The best gold obviously is down near bedrock.
"There will be no processed gold from ruby until next year. They can blast all they want."
What did Tony Beets tell Parker in last weeks show when he saw he was opening up new ground outside the channel were known reserves were? I know you watched it. He said get back in that channel, you dont have the resources to be fu$king around.
It doesnt take a rocket scientist to figure this one out. Thats exactly what I am banking my money on. The Ruby is planning on opening up the access to the Black Channel, and then they are going for gold where they left off in the 40's. No doubt they are going for the best and closest prospect to get income flowing and then think development from there.
If im wrong.. in Tony's own words.. were fu$ked.
It can snow a lot here which mite slow production.. thats the nature of the beast.. 5k elevation to cross over but hell the roads can be kept open in a moderate winter and the ruby has the equipment. County road to the cutoff down from Ridge Rd to Forest City. The county doesnt plow past there. I own the claims to the SE of Ruby, we were in that area most all of late winter/spring this year.
Damn.. this stock trading newbie learned a lot from reading this simple post.. thanks Cee-it