Replies to post #89744 on North Bay Resources Inc (NBRI)

[Huggy Bear]

NBRI only mines pocketbooks. Lots of people got conned.

[es1]

looks to me like berrick was right at 40 2 years ago and is at 13 now not a buck. The longs there are down about 60% not 100%

Most real producers are down the same. that makes sense since the product they produce has dropped in value.
This also applies to NBRI in that the product they produce shares which have lost value worse than gold.

Otherwise the PPS here would be around .07 based on the PoG effect.

That is the difference. Gold retains SOME value so the producers don't drop to no bid when gold drops.
No gold.... no bid

See how that works?

If NBRI was able to produce profitable gold its price will reflect it. They cant and it reflects that as well