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Re: EarlyOne post# 78875

Sunday, 09/07/2014 3:21:23 PM

Sunday, September 07, 2014 3:21:23 PM

Post# of 112571
Very astute observation(s), IMO, EarlyOne (and also the cork in this conversation). I'm staying keenly tuned to all events at the Ruby, and the whole package of NBRI going forward. Those who have truly done their DD here understand that NBRI is not a one string band. It's not all about what happens in the Black Channel or the White Channel, though unfolding events there as well as the newly discovered South Terrace are likely to be significant. The XIMEN purchase shows a hint of the worth of NBRI's other properties. NBRI has continued to obtain claims as we go, including picking up the Carson Mine immediately neighboring the Ruby Mine claim. Because NBRI is so multifaceted it is difficult to predict where a new acquisition could take place. Adding in the new cash flow from the XIMEN deal certainly makes the A/S increase seem to point towards the possibilities you mention.
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