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nice incestuous deal there then...
just like when parry was alive but with lasers
This was amazing
I had no idea their business plan was that bad
either the new guys knew this was a scam and took it over to line their pockets or they got scammed by perry right at the end
Surface sampling with hand tools does not require a permit in BC
nbri still has a lot of convertable debt and that doesnt change with rollback plus new ceo can reap 10% of the market cap for free the scam torch has been passed
you got your fill lucky boi
Almost $15k per Q in interest accruing from outstanding debts. Yikes
Bottom is in. Time to load up before the drills fire back up.
over 1 year since a news relese. surprise it has a bid
i wonder who owns most of shares? ,0003 is very strong but i think perri is buying to make his company sale look ok very suprised to see nbri has avoided a no bid situation
bob did not like it. company is more than 3 million in debt to perry and note holders and doesnt hold any properties that will host mining in the futre. thats why rich people are rich dont get scamed
In August 2009, the Board of Directors approved and the Company executed a management agreement with The PAN Network
(“PAN”), a private business management and consulting company wholly-owned by the Company’s former Chief Executive
Officer. The agreement is in consideration of $18,000 per month, and calls for PAN to provide (a) office and board room space,
including reception, utilities, landline phone/fax, computers, copiers, projectors, and miscellaneous services; (b) financial services,
including accounting, corporate filing and bookkeeping; (c) project and administrative services; (d) resource targeting, acquisition,
development and management services; (e) marketing services, communications, marketing materials management, and writing
services; (f) strategic planning, milestone management and critical path analysis; and (g) online services, including web site hosting,
web site design, web site maintenance, and email services. The agreement includes Mr. Leopold’s salary of $15,000 per month,
which will accrue entirely to deferred compensation during any period in which the commitment remains unpaid. The term of the
agreement is one year, and automatically renews annually on January 1 each year unless otherwise terminated by either party. This
agreement was suspended on May 16, 2022 pending the completion of a private transaction by Mr. Leopold. As of September 30,
2022 and December 31, 2021, the outstanding balance of the NQDC plan is $2,289,920 and $2,222,920, respectively.
google saying northbay resources is transforming comes up as net music erntertainment corp out of edmonds washington. i am surprised nbri still has a bid almost 1 year with no news
looks like there was no money paid for the fraser claims. zero $$ for claim sales in the financials http://www.northbayresources.com/corp/Q32022.pdf
$3.5 million in debt and $9k in the bank. $2.3m of that debt is owed to perry leopold and can be paid when $$ becomes available. perry has spent more on his own compensation than mining. i dont understand why anyone would be putting their money here.
looks like they were able to reclaim most of the mtwashington properties. no news release on it tho
which is why i believe it will go no bid and they will say no choice but roll back. then a new direction as tulamean looks dead. maybe they will change the name of the co and try to fund some exploration tho. any one can have a guess.
Amazing what has happened here.
seems that way. i looked at the last filing and there was no revenue from selling the fraser claims. it looks like they were given away. my friend knows the gold chaser and they didnt even get the claims but nbri hasnt revealed any info on the new co that did. i still believe they will announce a new direction away from mining. probably when they roll back.
those projects fraser is gone and washinton is gone
zippa is very remote so tulameen is everything
mt washington is gone. if you don't believe ask management.
mt washington is gone now.
4d just wants the shell. they won't be mining, quality projects are having trouble raising $$ so no hope here. a different business model might have a chance. probably selling nfts
he was lying to you.
i thought they were getting out of mining now?
how could this be a problem?
nothing going on not even a update on tulameen. going no bid i guess
A lot of money is lost here
Why do you say this?