North Bay Resources Inc (NBRI)

[AllThatGlitter]

Less Than Credible

The multi-years string of not honored forward predictions and statements attest that the CEO is less than credible. His record speaks for itself, and that is the real truth. And, when you are in charge of a publicly trades company carefully speaking and honoring your word is job ONE!

Rather easy to see why the CEO took shares rather than pay, there is no money to be had. Last investor that was supposed to receive specimen gold had to take cash and a pittance in interest compared to what was agreed because there was no gold mined from the Ruby as promised to be had. NBRI is cash strapped!

Share price has already been bled from .22 to .02 in less than three years since this CEO took charge, not much lower you can go, right? A 90% LOSS to shareholders by correct & real math.

As far as triple digits, or lower than where we are now, very likely.

NONE, ZERO of the prior predictions have come true or come to fruition, why anyone would believe this is suddenly going to change is beyond me.

This Management has a history of story telling, and so far nothing has shown that they have changed from a story teller to realist. That would IMPOLODE share prices, and empty the cookie jar which this CEO and his auxiliary companies have been paid handsomely for over several years.

Nothing to convince me, or realistically show me that NBRI is not heading to .015 and then lower. Good for a FLIP, and nothing more.

A Word To The Wise, Don't Drink The Kool Aid Being Pitched!

NBRI