Replies to post #70800 on North Bay Resources Inc (NBRI)

[greedy__malone]

LOL only 7 shirt years without producing a single mine that brings in revenues. But hang on and keep buying stock folks.

The dilution at higher levels required fewer shares. Now it's a different story.

[es1]

Fact is..NBRI been in business 7 years and O/S is only 182 Million-FACT

Fact. 7 years ago Shares outstanding 12/31/2006 3,587,261

178,000,000 dilution in 7 years (avg, 2.1M a month since) FACT.

Fact. 5 years ago NBRI had 24,297,287 shares. 158,000,000 diluted in the past 5 years (Avg 2.63M a month)FACT

Fact 3 years ago they had 80,186,434... 100M shares in 3 years (Avg 2.78M per month)FACT

Fact. 6 months ago NBRI had 127,897,079... 53,000,000 in 6 months.(Avg 8.83M per month)FACT

Fact. NBRI has diluted 60 times the OS in that 7 years....FACT

fact. NBRIs Dilution has accelerated every year for 7 years at almost exactly the same rate as the share price has decreased. FACT