Replies to post #70829 on North Bay Resources Inc (NBRI)

[greedy__malone]

Instead of paying $8,000 for stock promotion in 2011 claiming mining was coming within months and 5 mines would be I operation by the end if 2012 why didn't Perry just provide a free, honest assessment of things to shareholders????

I know, because stock promotion is meant to sell shares and suggesting that mining is years away, dilution will take a toll and no significant revenues will be realized for years doesn't sell shares.

It's sad that in order to raise money he has to mislead shareholders and potential investors. Taking care of funders while misleading investors.

That's Team Leopold.

[es1]

Well..lets see.

At the end of 2005 they had 1,076,261 shares

2006- 3,587,261 Increase of 1.5M 150%

2007- 16,522,261 an increase of 13M shares 460%

2008- 24,297,287 an increase of 7.5M 50%

2009 58,597,287 An increase of 34M 140%
INSERT RUBY MINE
2010 80,186,434 an increase of 22M 37%

2011 96,783,480 an increase of 16M 20%

2012 97,485,130 an increase of 1M 1%

2013 127,897,079 an increase of 30M 30%

Today 180M an increase of 53M 41%

So not only are you wrong the 3 years after acquiring ruby were not just the lowest dilution each year was successively less.
It has increased in leaps and bounds with the average yearly dilution of 19M per year.

[meltinglass]

Thanks Spanky. I appreciate your DD. Perry is on top of things. Soon his hard work will pay off. Go NBRI