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| Posts | 11793 |
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| Alias Born | 10/24/2006 |
Wednesday, August 06, 2014 5:14:51 PM
Well I'm certainly not here to burst bubbles or try to crap on anyone's dreams but I'll say this. You have to live in reality in this sector. Just as a "realistic" comparison I will throw out one company that I currently own stock in and have recently traded. Allied Nevada Gold (ANV). This is a company that has 200 million authorized shares and about 110 million shares outstanding, also another 1.1 million in options/restricted, so comparable share structure by all accounts. As most recently reported they have total assets of about 1.4 billion and liability of about 680 million. Last reporting quarter they had revenues of about 83 million. Now this is a junior that has very good financials and production. The stock trades in the low $3 range recently and has a market cap of about 340 million. Now I'll ask you again seriously, what makes you think that NBRI could trade anywhere near these levels?
Recent NBRI News
- North Bay Resources Announces Acquisition of Bendito Resources • ACCESS Newswire • 03/26/2026 01:00:00 PM
- Precious Metals & Critical Minerals Virtual Investor Conference: Presentations Now Available for On-Demand Viewing • GlobeNewswire Inc. • 02/13/2026 01:35:00 PM
- Precious Metals & Critical Minerals Virtual Investor Conference Agenda Announced for February 10th – 12th • GlobeNewswire Inc. • 02/05/2026 01:35:00 PM
- North Bay Resources Announces Assay of 6.62 Ounces per Ton Gold, Fran Gold Project, British Columbia • GlobeNewswire Inc. • 11/04/2025 02:00:00 PM
- North Bay Resources Announces Assays >2.9 Ounces per Ton Gold, Fran Gold Project, British Columbia • GlobeNewswire Inc. • 10/27/2025 01:00:00 PM
- North Bay Resources Announces X-Ray Silver Mine 50/50 JV with Past Production Grading 1,072 Ounces per Ton Silver, Lander County, Nevada • InvestorsHub NewsWire • 09/08/2025 01:09:06 PM
