Replies to post #92631 on North Bay Resources Inc (NBRI)

[orefinder]

The side of the 'can do'!

This co or their future jv partner or buyer CAN get to the gold in no time (1-3 months depending on the target i.e. other targets not the one lying at 60 ft above the tunnel).

You lose only if you sell. At this dismal sp it makes no sense to sell imo. Wait and hopefully financing or a jv partner would come through and get to the next rich pocket of gold. Or alternatively one could buy this low and wait for an appreciation then sell to compensate for previous losses and make money. At least this is my strategy knowing that the mine is fully permitted, has everything in place, is immediately below another 3 miles of golden channels that should yield no less than 315,000 ounces of gold.

Good luck!

[rarefind]

You lose only if you sell. At this dismal sp it makes no sense to sell imo. Wait and hopefully

You lose only if yu sell.100% not true .Try calling your broker and borrowing against the 50k.Tell him you haven't sold so......the fact is if you kept holding you kept losing. Now for all you newbies out their...wait and hope are two investment strategy's that will cost you all of your money learning.Wait and hope is for buying a lotto ticket..how many of you buy a 50k lotto ticket? Nobody , same reason you should never put 50k into a crappy penny stock with story of gold or whatever snake oil is hot in the market at that time.