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– Bishop, CA – North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI)
is pleased to announce the first gold ore shipment from the Company’s Fran Gold Project has been successfully processed through primary crushing including grizzly and jaw crusher to ½” minus size (see Photo 1). Heavy equipment mechanics are on-site today to oversee start-up and stabilization of the ball mill for further reduction of ore to minus 150 mesh. The ore will then be moved as a slurry to the gravity separation table for extraction of free gold and other valuable metals. The remaining ore will then flow to the flotation and concentrate circuit, Process engineers will arrive on-site this week for optimization and testing of the flotation cells and reagent formulation for final recovery of gold concentrate.
I hope so I'd like to watch it. I'm down in Texas right now. Feel like painting BUY NBRI STOCK on the side of my flatbed somewhere lol
New out today! Northbay completes primary crushing at Bishop Gold Mill and attends OTC Market precious metals conference https://northbay-resources.com/north-bay-resources-completes-primary-crushing-at-bishop-gold-mill-inyo-county-california-attends-otc-markets-precious-metals-conference/
Everyone is probably researching the tar out of NBRI right now
Excited to see what happens after the investors forum especially with $NBRI being the only pink sheet listed. Sorry I've been kind of MIA I got my W900 going and I'm back on the road through the winter. I'll be here though for sure and nothing is going to stop me from adding more shares to my stockpile.
0.0005.... get out of here lol. We haven't seen those prices since the announcement of Mt. Vernon and soooo much more has happened since then.
Jared, the CEO, has already stated they will be doing a buyback of a minimum 1 billion shares with the profits from the mill before they even consider a reverse split. His last email to me stated that he will do everything he can to avoid a reverse split and that if there is one, it will only come if they get significant financing.
I see the shipment is in!!! Time for the mill to get to work!!! I've been kinda MIA getting my W900 ready for my winter job. $NBRI is going to explode!!! Keep adding to those bags boys!!!!
$NBRI today is the day for news on the shipment from FRAN and some news on the bulk sampling from the Mt. Vernon mine. I can feel it in my bones, something is coming!
Freeport.... the memories. I worked at their Globe/Miami copper mine in Arizona years ago when they bought out Phelps Dodge. I know that mine has a massive gold deposit they're sitting on. Maybe with the constant rise in gold prices it's a good time for them to tap into that jackpot and it could jump the price up significantly. Waiting on $NBRI and $GOLD to do the same!
I emailed him Monday or Tuesday last week but never got anything back. I know he's been busy.
How goes it Carlson? I just landed in Denver on my way to Illinois. Let's hope for some news on a Monday to kick off the week!!!
Gooood morning everyone I've been MIA for a while shutting down my operations in Wyoming and getting ready to fly out and pick up a semi truck to run through the winter. Have I missed anything good? I've been playing catch up. This week should be epic!!!!
Well it's definitely not doing much. I put in another buy order for 0.0008 midmorning and it hasn't filled yet.
Wait and see what the after lunch rush does. Slow day with low volume. Not bad but not great. Patiently waiting for news to drop this week. Something will definitely be announced this week that will be in correspondence to the emails I've got from Jared. In the meantime scooping up more shares every chance I get.
I'm watching
It's going to be a good day!
That's why I don't understand why everyone is worried about not showing a profit or showing any gold by next report. 500 tons from Mt. Vernon plus what they ship in from Fran will show a good quarterly earnings report if the Fed hasn't approved them for production yet. Which I doubt it'll take that long for approval. I honestly believe after what I've seen over the years that the approval could literally drop any day. Then it is balls to the wall.
In retrospect. The assay report for Mt. Vernon yielded 12 ounces of gold per ton. The bulk "sampling" for Mt. Vernon is 500 tons. This will give Jared an over $5,000,000 earnings report for next quarterly report just off the bulk sampling from Mt. Vernon. That will put positive gold, silver and platinum in the earnings report due with the next report to come out. Jared is covering all of his bases. The next earnings report will have $NBRI shining like a brand new penny showing quarterly earnings in excess of $5,000,000 plus we'll have gold silver and platinum on the books and in bars.
Hopefully that makes sense I just got my first cup of coffee this morning.
If you watched the interview with Jared on the 500 ton bulk sample testing for the Mt. Vernon mine. He specifically states in that interview the reason for such a large (500 ton) bulk sample is so that they can get some good gold, platinum and silver profits showing on the books. This next quarterly report will have gold, platinum and silver on it for sure. Most of our success in pps will be from press releases, interviews etc until the mines are running in production mode and the mill is running daily. Jared is taking the proper steps to not over step his boundaries with the FED and with MSHA and OSHA regulations. He has a very thin line to walk the first 6 months of production as well. He knows this that's why he's "bulk sampling" he can take as big of a sample as he sees fit whether it's 1 ton or 500 tons and the company will make profits off the "samples" which will give them positive earnings and put gold, platinum and silver in the books while they wait for federal approval on Mt. Vernon.
Gooood morning $NBRI family!!! Who's ready for another green day!!! We will break our most recent high today and close above 0.001! Who's ready!!!!
Any bets on end of week pps?
Jared is not messing around he's taking this to the next level and things are going to continue to excel.
We'll be out of the trips tomorrow and I firmly believe we'll never go back. Closed out Monday very well. When the news drops this week she's running hard
Jared emailed me back!!!!
Shipment from Fran is in transit gold bars by end of week. Below is his response!!! Perfect for a Monday!!!!
Marcus,
As we previously discussed the shipment from Fran was done over the weekend and is currently in transit to the mill expected arrival is within the next 24 hours and we expect to pour our first gold by end of week. Sorry for not addressing this in my prior email. We've been very busy.
-Jared Lazerson
CEO
Oh I'm more than familiar with MSHA and Osha both of which hold ground with mining. Been in the mining industry most of my life.
Approvals don't take that much time. This has been in the making for a while now. Jared has crossed all the T's and dotted all the I's and hasn't skipped any steps in the process. All we're waiting on is the big red approval stamp then we'll be in production mode.
Who's ready for a new high? Ore shipment from Fran will be in this week. Feds should drop the approval for the Mt. Vernon mine this week. Big things are happening and this is going to make massive moves.
Who's ready for this week!!!! Big things coming!!! Ore shipment from Fran will be arriving this week. Any day approval from the feds should fire up production at the Mt. Vernon mine. I'm thinking we're about due for another 100%+ run
Absolutely, that's not only going to happen with the gold here but the platinum and silver as well. I did some research last night and dug into Samsungs new solid state silver battery which will take over the electric car market. They're saying each battery will use 1 kilo of silver which will massively increase demand and They're saying silver could possibly hit $200 per ounce in the next 5 years because of it.
Jared really is a straight shooter and he's not messing around. He's taking all the steps to make sure things go as smoothly as possible. I have no doubts in NBRI
I'll check in with Jared to see if he has a time frame for approvals
I agree completely. He never let's me down when he responds to my emails.
I asked that question again when I emailed him back.
Jared emailed me back! No plans of a reverse split and he specifies that he will issue a buy back of 1B shares to restabilize the share structure! He also sent me pictures of super sacks of ore from the Fran Mine. Below is his complete response!!!
Marcus,
Just up North handling the shipment from Fran, 22,000 lbs packed today. The free trading shares haven't changed for many years but yes we have an option on over 1B shares from the acquisition of the mill that we will buyback as appropriate. At this time it is not the best use of cash but profitability from the mill should take care of this. I find it very, very strange that the Company valuation at $5M today is even an issue or a subject of debate. I think $20-$30M right now and around $100M once we start pouring gold is reasonable based on the projections and capacity of the mill. We will continue to expand production capacity and gold ounces in the ground as opportunities present themselves. This will always be a cornerstone of our strategy.
There is no plan to rollback or reverse split as publicized this would only become a potential with a significant uplist and financing but nothing is in the cards at this time.
Long day on site and back to it tomorrow. Let me know if I missed anything.
All the best,
Jared Lazerson
CEO
Count, I got your message and thought about it heavily before emailing Jared regarding the concerns as both you and I are on the same page. As soon as I get a response I will share it here. Below is my email to Jared in regards to our concerns.
Hey Jared,
We've emailed a few times regarding some of my questions about the Mt. Vernon project and the Fran Project. I understand you've shipped 44 tons of material from the Fran mine to the mill in Bishop. I was curious to know if you have a time frame on when we can expect results from the material shipped from Fran and when you think we might be able to see some poured bars and buttons. I had a thought I wanted to run by you in regards to the share structure which is currently a concerning issue for myself and several other stock holders. With the platinum and silver discovery at the Mt. Vernon mine, would you as a CEO possibly consider using profits from the platinum or even the silver to orchestrate a buy back to restabilize the share structure? A couple other heavily vested stockholders and I have talked about this matter and we realize that if there's not some sort of buy back then something drastic will have to be done to restabilize the share structure. Most are fearing a reverse split and there's hundreds of investors talking about that across multiple stock chat boards. I'm trying to control the damage and sell offs being caused by the fear mongers and bashers on the boards while at the same time getting more solid reassurance for myself and the other heavily invested stock holders. I have no doubts in you, since you've taken over, the progress has been absolutely amazing. And you've made leaps and bounds moving things forward. Thank you for your time.
-Marcus
Hmmm.... got a gut feeling something big is going to happen today!!!!! Perfectly timed on a Friday going into the weekend. Drop the news!!!! Run this up 300% before the weekend!!!!
My first email was through the website. It took roughly 3 days to get a response and it was from Jared himself and his response included his personal email.