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Friday, 10/04/2013 6:48:24 AM

Friday, October 04, 2013 6:48:24 AM

Post# of 338
Good day to pick up the final cheap shares as they just issued some more shares to pay for final Ruby production push.

NBRI Ruby update yesterday:

The good:

1) We will bulk sample mine while the tunnel rehab is finished and during the construction of the raise. The tunnel refuge built allows for both to happen at the same time.

2) Tons of upgrades its clear to see they are setting up for a long production phase at Ruby. Wash plant ready to go.

3) Plan to make it easy to get to and mine the hell out of the best channels with the raise they announced.

4) Work will happen year round from this point. There may be a few days missed with some of the huge snow falls that happen in this area. Outside of those mining will occur year round. Maybe NorCal can estimate the # of days it will be impossible to get to the mine. My guess is somewhere between 7-15.

The bad:

Explosives issue is a complete miss by the Ruby team. There simply isn't a reason they waited till July to get these ducks in a row. Completing this step 30 days earlier would have made all the difference.

The ugly:

Still no gold from Ruby.

Today I am 100% convinced we will be talking about mined gold amounts from this month on. September could shape up as the last month Ruby didn't produce any gold. Sure January could be to cold to run the wash plant but they will simply catch up on warm days.

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