North Bay Resources Inc (NBRI)

[wacalahan]

Gemstone: . . these shares of the new Company, RGI, are not "FREE"

but are in exchange for shares of NBRI, the former Company operating the Ruby Mine. The "TERM" free is misleading since
the market value, as determined by PPS for NBRI, will be the
income it receives from the new Company, RGI, as it pays down
the DEBT of ownership of the RUBY Mine to NBRI. IF this brief
explanation, as I understand it, is incorrect please sound off and let me know.

Some day, the BOD and CEO LEOPOLD, will explain in detail the future of this valuable partner's contribution in the growth of shareholder value.

JOHO