North Bay Resources Inc (NBRI)

[wacalahan]

GEM:
You and I have exchanged NBRI posts for years, since the original trading of NBRI shares, so we are free to say what we feel is necessary to turn NBRI fortunes around. And at this point of NBRI's life it isn't "Patience".

The last positive PPS (22 cents/shr) move happened in 2011 when the EB-5 program seemed ready to turn NBRI into a Mining Company of the future with the Ruby Mine as its base. Since then , delays in carrying out this opportunity caused investors to sell and the PPS begain an extended drop to today's 4 cents/sh, with all positive momentum gone. Granted, the EB-5 program could provide the funds needed to start operations and it could happen tomorrow, but the Fraser River Placer mine looks to be (the"Gold Source") NBRI's opporunity to turn things around by restoring momentum and increasing the PPS . If the Fraser River claim turns out to be just another can to kick down the road, then all NBRI's credibility will be lost to the Jackal traders now posting messages of doom and gloom.

I trust both you and Bruce want CEO Leopold to maintain NBRI's positive potential so all investors can enjoy a reward for holding and not selling. We believe you share our concern and are not eager to see another fall of the PPS. Any further delay is not acceptable.