Replies to post #85268 on North Bay Resources Inc (NBRI)

[Spanky227]

Your right 1man there is no proof according to SEC 7 that the Ruby had any profitable gold.

This would be the same as it was when Best mined $70,000,000.00 in the 30's and 40's, based on today's price of gold. It would also be a fact before the 49'ers mined $300,000,000.00 of gold out of the Ruby property.

It will still be the same after NBRI mines tens of millions of dollars of gold.

California drift mines have mined millions of ounces of gold and WILL mine millions of ounces of gold in the future. Not a single one of those ounces would ever meet the current SEC description of a proven reserve. Yet all that gold has been mined and WILL be mined.

The miner who gets that gold in the future won't care 1 iota that it didn't meet some text book definition of proven reserve.