Replies to post #71619 on North Bay Resources Inc (NBRI)

[lemon]

Because of NBRI's dilution, some folks did predict the catastrophic fall of the SP price. IMO, the decreasing POG has little to do with NBRI. When NBRI finds enough gold to mine at break even or profit, they will be a miner.

[Huggy Bear]

One, the price of gold has not fallen 95% like NBRI, and the company is not producing feasible gold. If NBRI can identify a target and actually mine it at profit margin there is a small chance of LT success. 1% in my opinion.

[alj14]

Good substantial post, Nagoya. The bearish market in the price of gold has been a strongly negative factor, alomg with the costs of getting getting the mine ready. Everyone applies their own criteria, but personally I can't see any sensible reasons for selling left.

You fail to stress the fall of gold...

since NBRI is a gold miner and the price gold fell, all gold stocks were all affected in the same way. Gold is a commodity that seems to also have ben affected by outside forces such as manipulation.

Another point missing is NBRI needed a way to fund its rehab operation...NBRI has done that and is about to mine.

NBRI

Keeping it real, gold on the way.