Sunday, November 23, 2014 9:13:22 AM
Ask yourself why you shouldn't buy now when NBRI's 4 primary properties are closer than ever to actual gold production?
The Ruby:
$2M gone into rehabbing the main tunnel, drilling for gold targets and wash plant upgrading. That money was needed to get the mine to the point where profits can be produced. Next spring all that's needed is a 60 foot raise to be completed to access the terrace and begin pumping out profits.
The Fraser:
Final step in permitting process recently completed and the BC government will likely approve it, prolly with a small adjustment to avoid any historically significant locations. Recently new claims were added, in my opinion shows the richness of the property is larger than previously thought and possible gives us another entrance to avoid the location that has been disputed for possible historical significance. NBRI has almost no costs to mine the gold and will receive a 20% royalty. Any gold produced at all will equal immediate profits.
The Monte Cristo:
Basically the Fraser sister property in 2015 will be permitted in the same process as the Fraser went through. This will be wrapped up and ready for production late in 2015 again with the same 20% royalty.
Mt. Washington:
Recent article shows the local environmental groups would be open to a mining and repair plan of the tailings pond. Great opportunity for NBRI to grabs some profits and show the government and the environment activists that mining can be completed in a way the benefits everyone.
Why wait for the good news which can happen any time when you can already load up smack on the bottom? RGI, property sale or money man could show up at any time and NBRI can run many times higher never returning back to these bargain basement prices.
Recent NBRI News
- 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
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM