North Bay Resources Inc (NBRI)

[kiwisteve]

Please be sure to read Orca's post - re. valuation of the Monte Cristo Platinum, Palladium, Gold, Silver claim.

Sticky Note: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42488751


Current value Estimated as:
Platinum = 2.77[g/t]/31.1[g] = 0.089[troy ounce per ton]
22,700,000 x 0.089 x $1359 = $2,745,587,700 of Platinum

Gold = 2.47[g/t]/31.1[g] = 0.079[troy ounce per ton]
22,700,000 x 0.079 x $1067= $1,913,451,100 of Gold

Palladium = 2.71[g/t]/31.1[g] = 0.087[troy ounce per ton]
22,700,000 x 0.087 x $329 = $649,742,100 of Palladium

Silver = 4.80[g/t]/31.1[g]= 0.15 [troy ounce per ton]
22,700,000 x 0.15 x $17.96 = $61,153,800 of Silver

Total Potential precious metal value from Monte Cristo claim alone:
$2,745,587,700
$1,913,451,100
$ 649,742,100
+ $61,153,800
= $5,369,934,700 = 5.3 billions!!!



NB. Please add substantial 'pending price increases' for all the above mentioned 'precious metals' due to be implemented over the next 1 - 5 yrs!

kiwi