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Good things coming imo.
It seems that they are doing all the right things lately.
Let's wait for the next press release.
Again. You have to be familiar with junior miners if you want to invest in this sector or comment on their actions.
There are thousands of listed junior miners that don't have mineral resource estimates.Yet.
The word is for the time being.
They all accumulate debt and raise more money for drilling or try to jv the properties to someone with larger pockets.
NBRI is doing the same.
Good mineral properties get jv-ed or sold to larger companies. I think NBRI has a few of these properties.
There are quite a few good mineral properties.
Same as the story of thousands of other mineral exploration companies that spend money on exploring mineral properties in the hope of finding a big one that will pay for all the trouble.
Nothing special. No fraud as claimed by others. Risky as any other exploration company.
Honest attempts at reopening and refurbishing a large historic mine down in California ended up bad due to the failure of mining works and increased debt.
Since then the company tried to get back on its feet and has good chances in selling or jv-ing some of their better mineral properties.
Being positive helps. As long as they continue to fight keep the listing alive and work towards making a deal I think there is a good chance in making money with NBRI.
DYODD.
And ... can you PROVE that?
I don't think so. Rehabilitating kms of tunnels cost millions of dollars, indeed.
I agree Mick.
Can you please provide your information source re the failed raise?
I expect a few good real press releases. Wheels are in motion.
Wheels are in motion. Good things coming imo.
Blue sky potential mineral properties => $$$ for NBRI and long term investors.
Proven not theory. Read the scientific papers that deal with NBRI's Tulameen olivine. That's the proof. And the government will pay any company that can sequester carbon. Big checks ahead for this innovative mining operation :)
All is true! I have sent you scientific data that supports NBRI's claim.
Once again all your points are wrong. Read the reports, google different terms and you will see that EVERYTHING that NBRI says it's true IT IS TRUE.
Great future ahead for this green mining operation that will be supported by the BC government and all media.
You are denying the evidence. Numerous studies conducted by the BC government and its specialists on the Tulameen dunite that makes the core of the NBRI claims in the area.
In an effort to lower atmospheric carbon dioxide (C02) levels, a number of sequestration methods, including geological storage, ocean storage and mineral carbonation of CO2 have been proposed for British Columbia. The selection of a suitable sink depends largely on the geology available for a given region. A methodology for assessment of suitable raw material for the mineral carbonation process has been proposed. The Tulameen ultramafic complex is selected as a promising site for providing the raw feed for mineral C02 sequestration and representative dunites have been collected and examined. Carbonation tests of these dunites took place at the Albany Research Center in Oregon and C02 analyses in reaction products (up to 29.4 wt%) suggest 48-56% conversion to magnesite and silica for the dunites, and 18% conversion for a serpentinized dunite. Based on these results, one tonne of Tulameen dunite could potentially sequester up to 0.4 tomes of C02.
https://dspace.library.uvic.ca/handle/1828/619
BETTER THAN A GOLD MINE! The Tulameen project.
Why don't you just google it?
E.g. file:///C:/Users/Dan/Downloads/voormeij_simandl.pdf
I can give you more of these. All legit. All supergood.
Yes there are. It's a carbon sink.
Look at all these good projects waiting to be jv-ed or sold or developed. I am confident that the shareholders will benefit these new developments and that includes the CEO who is a large shareholder.
Things are moving in the right direction imo. Good press release. Extraordinary potential in carbon sequestration.
Going strong. Going high. Good things coming imo.
You should feel joy for the long time shareholders. And for the new ones that participate to the rise from the ashes.
It's TAKING OFF!
It's moving! In the right direction. I smell news. Good news.
Things are going in the right direction imo.
The company is alive and well. This is what matters now.
They might be moving in the right direction now.
I believe exciting times are still ahead of this company.
Gettin' some real action here! Exciting.
No worries! Mt Washington can get its permits and will proceed mining if geological and engineering studies will prove it economic. No one cares about that local society financed by rich people that want to keep the rest of the locals working for them on minimum wages. The mine will offer real jobs. Good paying jobs. Locals are supportive of mining.
Environmental studies do not cost much.
Millions of dollars are necessary for exploration and geological and engineering studies. But they are worth the money as based on those results the banks will lend them money to develop a mine up there. In spite of the 'Tsolum Society's' opposition. The BC government has its own set of rules and laws. They are not imposed by a little unknown one man society.
And no, the project will not be developed by NBRI.
NBRI could sell 70%-75% of interest free carried to production to a large mining company. That way NBRI will be in the game at no cost and millions upon millions of dollars could shower its shareholders. This is one plausible scenario and I know that it is achievable. All imo.
The situation at the Fraser River projects is different. But the claims have not been abandoned because of the roadblocks. They are too valuable to do that. I expect the local Indians to get a share of the pie and that way they will agree to moving this simple but rich project into production.
Millions of dollars can be made there. And it is a simple mining operation. Gold and platinum.
Should I continue with describing other valuable claims?
Listen, as long as NBRI owns the claims the game is not over! And they made sure that they keep the claims valid so it is a waiting game right now.
I see it that way.
That so called 'society' is not making the rules in BC. Every mining project has an opponent but it gets approved if it complies with laws and regulations. This one man society will enjoy a big open pit or underground mine up the Tsolum creek. Fish can be restocked when the mine closes. Who cares about treehuggers societies anyways? We need the metals.
NBRI is positioned for success down there.
That should go well. Don't listen to the noise. It is manageable.
A mine can be opened there if economic.
Good claims.
Legit company here.
Problems? Yes.
Can get out of the hole? Yes.
Good properties await interested parties and deals.
No one is talking about conning. This is is a legitimate company.
I am expecting results, deals something to move the needle.
That is your personal opinion that is not being shared by others.
NBRI is alive and only needs a deal to get back in business.
We need news. JVs or similar. Then we will experience a revival. imo.
I see that all is good as long as they hang onto their mineral properties and are working towards making money for the shareholders by joint venturing or selling them.
No they're not.
We were discussing the mine not its ownership.
NBRI owned the mine but might have been too much for them as the transition from an explorer to a producer is not easy. Many juniors won't develop mines on their own because they are good at identifying & delineating mineralization only therefore they would do better if they would be selling the project to a larger company that has expertise in developing mines.
I expect NBRI to continue focusing on exploring their tenements and entering in advantageous joint ventures or outright selling of their projects. At least this is what I hope it will happen.
It is a good mine if you take the time to understand it. One can repeat the 1930s success by doing the same type of exploration work. Plenty of nuggets still exist in miles of underground channels.
No prob. We can still build a new state of the art mine up there. We would take care of the fish. The Mt Washington claim is rich so the mine could afford habitat restoration.
New year, new hopes for a rebirth of the company.
Good luck!
You're right.