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Re: jsalway1 post# 4011

Thursday, 12/03/2009 7:12:13 PM

Thursday, December 03, 2009 7:12:13 PM

Post# of 45582
NBRI was profitable before it even landed it's first deal. You would swear you are trading a $3 mining stock, with it's 3 JV deals, $5 million credit line(on company favorable terms), 150 claims and pacers,and 58 million O/S-250 million A/S structure.
And it bears repeating that with NBRI's Generative business model, our JV partners bear the major initial start-up operation costs, and we have guarantees for millions of dollars, and stock from these companies.
The $5 million dollar financing facility , under the favorable terms you have read about, are testament only to the business leverage our CEO has realized from our business plan. We already have the ability to do our JV deals without using those funds, well into the 3 JV operations.

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