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Re: Talc Moan post# 34165

Friday, 05/17/2013 9:36:24 PM

Friday, May 17, 2013 9:36:24 PM

Post# of 112753
Did NBRI do a PEA to assess costs of production independently or is this just another guesstimate? Those are company guesses, same as the NI-43-101 "compliant" report, which did not prove anything.

How much rehab left to do and what are the associated costs before any Ruby production is even feasible?

NBRI going to produce 1M profit by years end to satisfy that contingency of the Ruby lease agreement? Will the Ruby even be mining period in 2013? Perry told me in August 2012 that EB-5 financing was coming soon, in his opinion.

Its been said here that the Ruby would be mined in 2011 and also that EB-5 financing was going to be secured in 2011 as well.

Here we are in mid-May 2013 and neither is occurring in reality.

And beware of convertibles and conversions, because they matter. I thought recent history had already proven this.

If the excitement cannot be contained by some shareholders in the present about things to happen in the future (supposedly) I find it necessary to provide another plausible and probable outcome with a different ending.

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