Home > Boards > US OTC > Mining/Resources > North Bay Resources Inc. (NBRI)

NBRI still has great value. Not sure when the

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Spanky227   Friday, 12/05/14 06:02:49 AM
Re: MoneyMan post# 87496
Post # of 103441 
NBRI still has great value.

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

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