North Bay Resources Inc (NBRI)

[Cee-It]

For every one mining company that is able to get financing like the Tangiers note there are fifty that have tried and failed.

The lending to micro-caps with a convertible debenture as security is a high risk high reward business. Many, many times the lender walks away with nearly empty pockets. They have big success from winners and some limited opportunity to recover partially on slow losers; but their backers are quick to pull out their investments when their "picks" go south in a hurry. They will only work with a CEO who has credibility and a solid plan.

Years ago there were some that worked with corrupt plans; but those days are few and far between today as the SEC has put their teeth into shutting them down and making them pay.

Many people don't keep up to date. They know what happened ten years ago and assume it will happen today. With DD you can verify an awful lot and there are people willing to investigate further for a small amount of money. The physicians and other wealthy professionals with their cash in Tangiers are not invested to lose.

NBRI - solid and real

Not only will they become a gold producer, they will grow that production quickly from the acquisition of substantial inventory of claims and mines. That's why the CEO was picked for the job.