Home > Boards > US OTC > Mining/Resources > North Bay Resources Inc. (NBRI)

Spanky, there has been no profitable gold found,

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greedy__malone   Friday, 07/25/14 10:11:04 AM
Re: Spanky227 post# 74699
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Spanky, there has been no profitable gold found, no areas that warrant continuous mining and endless delays to a timeline that was implemented by Perry.

The death if every single penny stock in existence is dilution + no financial results + dwindling share price + dwindling investor confidence = no liquidity.

Each new round of share issuances is greater than the last and volume is measured in days here. Once funders lose the ability to unload shares they will no longer fund NBRI. How many more years do you think this company can survive on fluffy press release and stock dumps????

The stock price is already giving you the answer but ignoring it and pretending there is some kind of guaranteed mining on the horizon seems to be just a way to avoid facing the reality that suggests that about 10 people tops believe this is going to succeed.

Funders don't care, they make money either way. Perry may care but be isn't in charge of anything really because he can't generate the money require to run this business based on revenues and profits.

The puppet pits out the press releases for the masters to dump stock. To think those press releases are meant for shareholders and are an accurate reflection of current events is downright laughable.

There will be no continuous mining in the coming few weeks. There will be a PR or two so funders can sell stock and there will be more excuses why mining isn't taking place. The stock price will keep sliding.



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