News Focus
News Focus
Followers 307
Posts 11053
Boards Moderated 1
Alias Born 03/05/2009

Re: Bruce the Stock Guy post# 1378

Friday, 05/29/2009 5:43:33 AM

Friday, May 29, 2009 5:43:33 AM

Post# of 130254
NBRI is tremendously undervalued @ .02 Cents!!
Don’t sell your shares at this level! Look at what comparable companies with much higher equity structures are currently selling for, and the market has set these prices for them.

I think NBRI is a gold mine all by itself! These are all Junior Mining operations, and as far as I can tell, none have officially become a producing mining operation yet.

SFEG.OB- Santa Fe Gold Corporation - A fully reporting junior mining corporation. At this point still in none production and exploration, but anticipates production this summer. From what I can see.

PEZGF.OB- Pediment Gold Corporation - A reporting foreign junior mining corporation. Appears to be entering a second phase work program on their 100% owned mine. They appear to not yet be a producing operator either.

YNGFF.PK- Yukon Nevada Gold Corporation- A non reporting junior mining company. Formerly producing, but not producing at the moment it appears.


SFEG.OB:----Revenue (ttm):----68.19K
PEZGF.OB:---Revenue (ttm):---149.83K
YNGFF.PK:---Revenue (ttm):----48.98K
NBRI.PK:----Revenue (ttm):---390.77K

SFEG.OB:----Net Income Avl to Common (ttm): -7.74M
PEZGF.OB: --Net Income Avl to Common (ttm): - 731.12K
YNGFF.PK:---Net Income Avl to Common (ttm): - 111.13K
NBRI.PK:----Net Income Avl to Common (ttm): + 278.84K

SFEG.OB:----Diluted EPS (ttm): -0.10
PEZGF.OB:---Diluted EPS (ttm): -0.02
YNGFF.PK:---Diluted EPS (ttm): -0.02
NBRI.PK:----Diluted EPS (ttm): +0.011

SFEG.OB:-Market Capitalization:-$80,007,656 as of May 28, 2009
PEZGF.OB:Market Capitalization:-$27,894,871 as of May 28, 2009
YNGFF.PK:Market Capitalization:-$28,546,679 as of May 28, 2009
NBRI.PK:-Market Capitalization:----$771,946 as of May 28, 2009

SFEG.OB:----Shares Outstanding: 80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding: 43.01M (As of Mar 31, 09)
YNGFF.PK:---Shares Outstanding: 272.65M (As of Dec 31, 08)
NBRI.PK:----Shares Outstanding: 38.50M (As of May 19, 09)

SFEG.OB:----Share price $1.05
PEZGF.OB:---Share price $0.82
YNGFF.PK:---Share price $0.163
NBRI.PK:----Share price $0.023

This could easily make huge moves in Price Per Share with any significant news, and if it gets uplisted to the OTCBB look out!!!! Even in comparison to YNGFF, we are extremely undervalued when YNGFF has 7 times as many shares outstanding, than NBRI. Yet YNGFF has a share price of 16 cents. People you are selling your shares at a huge loss! Look at PEZGF, with a very similar share structure, and it is trading at 82 cents!!!!!!!!!!!

Even MYNG.PK has a huge amount of outstanding shares at 1.96Billion, but has a market cap of $3.7Million. If they had the same share structure as NBRI of 38Million shares, they would be trading at $0.097 cents. That is almost 10 cents!!!!

Don't sell your shares so cheaply!!!!!!!!!!!!!