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Bruce the Stock Guy

06/23/14 12:07 PM

#71628 RE: nagoya1 #71625

Nbri..Jr miners fell 81% on average over the last 2 years as a result of falling gold prices..
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lemon

06/23/14 12:10 PM

#71629 RE: nagoya1 #71625

When the POG was high, what was NBRI's share price? The key is gold. Does NBRI have golf ball sized nuggets to pull? That remains to be the big question. I for one, would love to see golf ball size nuggets instead of flakes. Updates eventually, may provide some insight as to what real gold is being found.
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greedy__malone

06/23/14 2:57 PM

#71644 RE: nagoya1 #71625

Your argument makes no sense. I'll use oil as an example.

Exxon/Mobil stock price can and will rise and fall with the price if oil. However like any company they also can manage their business more efficiently to offset the negative effects of fluctuating oil prices be leveraging their business in other areas where oil prices don't mean as much.

NBRI price has nothing at all to do with the price of good because they don't mine gold, they don't sell gold and they don't create any revenues from gold. You can't just call yourself a gold miner. Their stock price has absolutely nothing to do with the price of gold. If they ever actually mine gold and produce revenues from it then that argument can be made but right now NBRI's stock price has nothing to with the price of gold, oil, water or plastic. It's all about the paper they print and hand out at steep discounts to shady funders.

End of story.