Replies to post #104979 on North Bay Resources Inc (NBRI)

[papadedavid]

Perry Leopold
jue, 18 feb 19:50
para mí


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Hi xxxxxxx;

There was a small conversion of debt to shares in January, which was the first time we've issued shares in over 18 months. From what I understand that noteholder is holding the shares and not selling, so I suspect what might be happening today is simple profit taking after a large runup.

And no, we are not currently planning on a reverse split.

Hope this helps...

* P *

[3Angels120702]

Every investor should care about dilution...unless you are a one or two tick player.

We dont know if the Tulameen project is viable. Many miners have gone BK on property with indications of this or that.

This CEO has run up 4 billion shares with nothing to show for it for shareholders. He has gotten paid big of course. Hell he will have to sell tons more shares if he ever starts operations which he has blabbed about for years and done zip.