North Bay Resources Inc (NBRI)

[sarshee]

I don't want to be the one to do it, but it might be fun to have a board vote on this. One, which is the better way to raise capital for the start of the mining process at the Ruby Mine.
A. Convertible warrants that allow the lender to buy shares later at a discounted price

B.Issuing unlimited amounts of shares into the open market by increasing the A/S and O/S number of shares

I know which way I prefer because the loans can be paid off quicker with the production of gold and the interest cancelled if paid off sooner than the expiration date of the contract. jmho

browndawg