Friday, December 05, 2014 6:02:49 AM
Not sure when the dilution will end but March - April time frame is the longest I expect things to move at this pace.
For every 1B in OS the market cap is only $100,000.00. So even if 10B OS buying NBRI at .0001 is an excellent entry point.
The true value of NBRI right now not producing gold is over $3M at a minimum IMO. This would be the selling off of all assets, not in a fire sale, but dumping all assets over the course of a year or two.
If Fraser and Ruby begin production next year as anticipated that could send the value of NBRI to $20M even with meager returns
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
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM