North Bay Resources Inc (NBRI)

[Spanky227]

Good morning NBRI!

Here are the facts.

To get the Ruby to a profit producing mine they simply need to produce approx 25 ounces per week.

To get the Ruby to a profit producing mine based on all in costs including the mine mortgage, which will be paid in full in 15 months, they would need to produce approx 37 ounces of gold per week.

To begin to pay back the dilution they would need find a little more gold and if they can get the average up to 50-55 ounces per week dilution would dry up very quickly.

This post is a response to all the hyperbole that NBRI would need to find 1000's of ounces of gold just to save longs. The facts are clear that NBRI just needs to find approx 25,000 - 30,000 tons of gravel that contains .1 ounces of gold per ton to achieve profitable production and keep the OS low.

So all NBRI needs to do is get into the terrace and begin mining the heck out of it right now!

Then in a few weeks ramp the upper black channel into the terrace production to get the ounces per week up to and over the 50-55 required to make longs huge winners.