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USAA Market Commentary: Has Gold Ceased to Glitter with Investors?
As you said: "NBRI still has not receive the Go Ahead to mine".
There you go...more sells going through...
Yes....I've got enough of this....more then enough...lets just hope the stock was not halted pending enforcement action by the SEC.
Are we halted pending news?
I don't know if he deserves it or not. BTW: Why don't you or bobbies or ryan buy another 5k of stock to see if we've been halted.
Well if Perry was a real nice guy then perhaps he should take some of that money he just received and buy back some of those shares he has in the float instead of using it on his excessive salary. That would mean higher dividends for us early shareholders
I agree malc.
Well bobbies perhaps people got their entry position and are now waiting for that buyout that is not going to happen and now have to wait for their dividends as promised by Perry which can be several months out if true.
http://sierraworldequityreview.blogspot.com/2013/05/north-bay-resources-nbri-gold-strikes.html
I will admit that I did speak with the Commercial Director of Metalor and they confirmed they do have a contract with NBRI.
Metalor USA Refining Corporation
255 John L. Dietsch Boulevard
North Attleboro, MA 02763, USA
Tel. +1 508 699 8800
Fax +1 508 695 1603
Well think, you can buy one million shares of a stock and then go up to Canada and under their 100-1 rule that one million is now 100 million....easy off shore
Shortable Stocks for United States
Symbol: NBRI
Availability: 550'000
Exchanges: PINK
Looks like more convertible debs hitting the stock with all these sells. Looks like a lot of people are getting out before this goes really down.
On its face 3 million shares traded over the past two days alone with a float supposedly of 87 million and the stock hardly moves.....nope full scale dilution from those convertible debs it looks like. I'm out of here for awhile...this does not look good to me.
You guys need to get out while you can. Read 1manband's posts from yesterday. Things are not what they claim to be.
Beau, Call the company and you get a recorded message that says leave a message. It does not even identify it as NBRI. Be careful people.
MELT, I'm one of the largest shareholders of this company. I don't care if I get filled or not. I am however beginning to feel that I've been scammed.
al, I put little credence in any chart from a penny stock. I see no mine being mined or gold taken out. Wrong reports being filled, excessive salaries, convertible debs...classic pump and dump sort of stuff that I've seen before.
I don't believe this buyout BS:
http://sierraworldequityreview.blogspot.com/2013/05/north-bay-resources-nbri-gold-strikes.html
Look at those almost 100k sells. 1manband was right. Perry taking over $200K in salary, no mining, speculation, played out mines, convertible debs with death spiral financing. Be careful people.
One last thing before I go:
It has increased;
Shortable Stocks for United States
Symbol: NBRI
Availability: 600'000
Exchanges: PINK
melting....Show me the gold....eom for now
In connection with certain Securities Purchase Agreement (“Agreement”) between North Bay Resources Inc. (the “Company”) and Tangiers Investors, LP (“Tangiers”) dated October 7, 2009, the Company filed a Registration Statement (the “Registration Statement”) on Form S-1 (Commission File No. 333- 171603), which was declared effective by the Securities and Exchange Commission on January 24, 2011, and pursuant to which 19,726,822 shares of the Company’s Common Stock (the “Shares”) were registered.
On May 28, 2013, the Registrant accepted a conversion notice from JMJ Financial, ("JMJ", or “the Lender”) to partially satisfy a $550,000 Promissory Note ("the Note") dated July 11, 2012 with JMJ. The Principal Sum due to the Lender shall be prorated based on the consideration actually paid by the Lender, plus an approximate 10% Original Issue Discount ("OID") that is prorated based on the consideration actually paid by the Lender as well as any other interest or fees, such that the Registrant is only required to repay the amount funded and the Registrant is not required to repay any unfunded portion of the Note.
You may think so....something is just not right.
Cute drafting. I like how the 8-K text tries to describe it as if it were a production contract with an advance payment when the agreement itself (if you can call anything that is so non-specific an agreement) makes it clear that it is, at its core, a financing arrangement and loan with some option to purchase gold in the future. Blacking out the investor's name is an SEC no-no, too -- you are only supposed to do that if you also file a confidential treatment request for the omitted information.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=88668942
Yea, I get an answering machine when I call them that doesn't even ID it as the company.
Well I just called supposedly their corporate office. It was a recording that said "Welcome to our corporate office". Leave your name and number. The answering machine did not identify it as NBRI. I ALSO SEE THE FLOAT INCREASED 1 MILLION SHARES.
I put it in at the ask....so the hell with them...
I called my broker and they said my order was to large to fill.
I see orders are not being filled at the ask.
hey honey, can you look at NBRI....an 8K was put out today that looks too good to be true.
Yeah, lets see if the naked shortors are going to hit the stock.
cee-it, risk, gem....draw a line between the two previous highs on the chart and you will see the real direction..........
If a nation wanted their people to be wealthy it would allow its people to buy as much gold as they want. The people own the gold and keep it safe within their dwelling. People like Roosevelt took the gold from the American public to gain control and power. The Great Depression was caused by Roosevelt as a power play. India is seeking control on its population....but the Indian people will still buy gold not matter what its government says...its their way of life...and a smart one.
What Are Renounceable Rights?
Renounceable rights are rights to purchase a set number of shares in a company at a discounted price, offered to existing shareholders when a company wants to raise more capital. The practice of offering shares at a special price to people who hold stock in a company is known as a rights issue, and is done to provide people with an opportunity to maintain their proportional ownership in the company. In the case of renounceable rights, the rights are transferable and people can choose to sell them if they do not want to exercise them.
When a company offers renounceable rights, it evaluates the number of shares people already hold and the current price for shares on the open market. It offers a proportional amount of shares in the new issue at a lower price. Shareholders who choose to take advantage of the offer are able to buy shares to compensate for the dilution that occurs when new shares are issued. They can also opt to sell the renounceable rights if they do not want to exercise them, or choose to pass altogether, even though the value of their existing shares will be diluted because the overall number of shares in the company is going up.
There are markets for renounceable rights and people can usually find buyers. For members of the trading public, buying such rights can be advantageous as it allows them to access a new issue before other members of the public, at a lower price than the company's shares trade for on the open market. Value of such rights varies, depending on a number of factors, from the total discount offered to the company's current financial position. When purchasing the rights, people weigh the cost of the purchase of the right itself along with the stock.
A related concept is the non-renounceable right. In this case, the company offers a chance to buy a particular number of shares at a discount, but it is not transferable. If the stockholders pass up on the opportunity, the rights cannot be sold to a third party. When companies prepare for a rights offering, they consider which kind of rights they want to offer and issue information about the planned offering to allow people time to prepare.
Announcements about current and planned offerings are made available in a number of locations. Company websites typically feature overviews and it is also possible to get information from financial publications and financial news organizations.
Yes gemstone....Do you know if some company like Cassavant International Mining is merging with NBRI?
Wow, Look at all those sell orders coming in. Oh....the horror
bbl
looks like they are coming in now