Monday, July 21, 2014 10:43:44 AM
IMO the stock is low because they have seen the gold and they realize that pulling out a few grams a week is not ever going to make a profit for the company. And a non profit company is never going to have a PPS increase. Especially not while the company dilutes 100% in a few short months.
The market is aware of what NBRI is and what they are doing. The PPS is right where it belongs and dropping as it should be under the overwhelming dilution with no production.
The company needs about 20 ounces a week just to scrape by on a single project. They have not got 20 grams a week.
It really is that simple. Non profit companies do not have increasing share price. Investors don't buy the stocks and the people who have fell for the myth are trying to escape intact(as much as possible).
Stories about NBRI abound but the facts are visible in the share price.
Recent NBRI News
- North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • InvestorsHub NewsWire • 05/21/2024 01:07:26 PM
- North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • InvestorsHub NewsWire • 04/23/2024 01:41:02 PM
- North Bay Resources Announces Acquisition of 55.5% of Bishop Gold Mill, Inyo County, California • InvestorsHub NewsWire • 04/08/2024 02:38:35 PM
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM