Replies to post #76209 on North Bay Resources Inc (NBRI)

[lemon]

If folks look at NBRI's web site at the gold displayed so far from the Ruby mine, I don't think folks feel dollars per NBRI share are in the future. A few ounces discovered over the last 10 months is not enough gold to mine for decades. IMO

[foxwoodsfan]

Well I'm certainly not here to burst bubbles or try to crap on anyone's dreams but I'll say this. You have to live in reality in this sector. Just as a "realistic" comparison I will throw out one company that I currently own stock in and have recently traded. Allied Nevada Gold (ANV). This is a company that has 200 million authorized shares and about 110 million shares outstanding, also another 1.1 million in options/restricted, so comparable share structure by all accounts. As most recently reported they have total assets of about 1.4 billion and liability of about 680 million. Last reporting quarter they had revenues of about 83 million. Now this is a junior that has very good financials and production. The stock trades in the low $3 range recently and has a market cap of about 340 million. Now I'll ask you again seriously, what makes you think that NBRI could trade anywhere near these levels?