North Bay Resources Inc (NBRI)

[Tiresias]

Here is what you have. An American company with its mining tentacles in Canada. They file unaudited financials and are not a reporting issuer in any jurisdiction in Canada which in short means, the Canadian authorities have no regulatory oversight role for this issuer and with their "operations" in Canada no American regulator is going to take notice so they fall in between the regulatory cracks. This is not uncommon. All of their properties are located in British Columbia, Canada. They have no offices in Canada. Clearly an example of a OTC stock able to issue shares with no one looking over their shoulder. They do file Canadian mining type disclosures but whether or not they would pass muster in Canada (who has the among the toughest mining disclosure rules in the world) is difficult to ascertain since they do not file those in Canada. They ceased filing with the SEC-they went dark in 2018, again not uncommon when you have pretty much nothing to report so the company saves money by not filing. I would be cautious investing in any company where there is practically zero regulatory oversight. I have seen this before in other mining, airline, and cannabis projects. With a foot in each country but each country does not know they are being stepped on. Only those whose money has vanished know this to be true.