Replies to post #2569 on Mining Company research board

[1manband]

Funny, I heard that exact same thing 9-12 months ago. I was told I would soon eat my words because profitable mining was imminent and they would not have to issue any more toxic convertible debt.

So far, no profitable mining and an increasing rapid flood of not only new toxic convertibles, but ever larger issuances of common stock to satisfy the old debt. Which is why the stock is down more than 80% since then.

And my numbers are not incorrect. They come directly from the company's own SEC filings. Just the currently outstanding toxic death spiral convertibles are convertible into about 1.1 billion new common shares at the current price.

http://www.sec.gov/Archives/edgar/data/1450524/000118518514001263/northbay10q033114.htm

[Huggy Bear]

Yes, let's see if this feasible gold and riches for all is reality or not in six months. Is that a fair enough time frame since full scale minig is said to be "immanent" every day for the last two years?