Friday, November 08, 2013 8:52:35 AM
Mr. Perry Leopold is our CEO.
He is the largest shareholder with more than 15,000,000 shares. The owner of the Ruby mine is also a huge shareholder in our company.
Any investor or potential investor can take the same trip Beau just went on. If you think this may be some type of scam then call Mr. Leopold and set up a tour of your own. I have no reason to doubt Beau as his pictures show NBRI is a top rate miner who has our interests well in hand.
Yes there have been some delays in the past. The sum total of those delays is the only reason new money can get in today at these bargain prices. And the reasons for the delays are now in the rear view mirror.
The miners will be into the white channel in a 1-2 weeks. Gold will follow sometime after that. Waiting another few days or weeks sure looks like you will be buying at higher levels to me.
In 4-6 months they will have access to the black channel and once they are in that rich channel shooting fish in a barrel will be more of a challenge then finding large nuggets.
My personal target for PPS is $2/share for December 2015 with the price of gold at $1,500.00/oz. This is based on production levels of approx 20,000 ounces per year from Ruby and Fraser total. Of course by then I assume we will also be mining a third property so my targets may have to be adjusted higher. We could easily be on a pace of 30,000 ounces per year and gold could easily be at $2,000/oz making my target $4/share based on $60,000,000.00 revenue for 2016.
Recent NBRI News
- North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • InvestorsHub NewsWire • 06/27/2024 01:00:00 PM
- North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • InvestorsHub NewsWire • 06/18/2024 01:18:44 PM
- North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • InvestorsHub NewsWire • 05/29/2024 01:03:34 PM
- North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • InvestorsHub NewsWire • 05/21/2024 01:07:26 PM
- North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • InvestorsHub NewsWire • 04/23/2024 01:41:02 PM
- North Bay Resources Announces Acquisition of 55.5% of Bishop Gold Mill, Inyo County, California • InvestorsHub NewsWire • 04/08/2024 02:38:35 PM
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Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM