Replies to post #90627 on North Bay Resources Inc (NBRI)

[es1]

And yet another Completely false
NBRI rumor....

Obviously the report was PR'd that it had been completed. No speculation other than stories.

In Canada, the Company can now report that discussions between the provincial government and various stakeholders pertaining to the Fraser River Project have concluded, and we have been informed that the outstanding issues have been resolved. The government has requested that the pending Heritage Impact Assessment ("HIA") report now be completed, which we now expect to be delivered before the end of the year.

Does that sound complete to anyone but you?

Obviously it would be submitted to the BC government for final permitting. Hardly newsworthy.

If it ever gets completed it will

Once the final judgement is made NBRI will post the result good or bad. In this case sounds like it will be good now or good later.

If the result is bad you will never hear about it from PL. If it is good there will be some other delay since after all NBRIs chances of being the 1 in 10 that gets to mine in the next few years is slim to none.
I am sure the BC government has 10 far better companies to allow mining permits to

[foxwoodsfan]

Just curious, what do you mean in this post when you say "final permitting"?

Clearly we've determined, with your assistance, that NBRI has merely submitted a Notice of Work to dig some test pits to locate bedrock on one of their Fraser River claims. Clearly it's on one of the two claims that is on Crown land (probably placer tenure 575011) not one of the other six claims which are all on privately owned land, which would most likely take years of mitigation/litigation to even access.

And we've determined, with your assistance, that even this Notice of Work, which by the way entails limited exploration activities not commercial mining, brought forward enough concern that a HIA is required as condition of the permit being issued. Of course none of these limited exploration activities will be allowed until the conditions have been met and there is no guarantee that they will be and/or that additional conditions could be imposed.

And we've also determined that should NBRI be permitted to conduct these limited exploration activities, the assessment report prepared in 2013 indicated very low grading Au, by my estimates less then $3.50 p/cy, which in my opinion only a fool would try to commercially mine.

In closing I think we all agree that NBRI's Fraser River project is nowhere close to being commercially viable and/or permitted for commercial mining, so when you say "final permitting", what are we talking about?