North Bay Resources Inc (NBRI)

[Monroe1]

What is a Junior Company

A junior company is a small company that is developing or seeking to develop a natural resource deposit or field. A junior company is like a startup in that it is either looking for funding to help it grow or it is looking for a much larger company to buy it out.
BREAKING DOWN Junior Company

Junior companies are typically small cap, with a low market capitalization (usually under 500 million) and have thin daily trading volumes of 700,000 and under. They are most likely found in commodity exploration such as oil, minerals and natural gas. Junior companies are believed to be interesting businesses for those who can afford to take the risks associated with them.