Replies to post #1477 on North Bay Resources Inc (NBRI)

[RyGuy]

One of my questions that were answered by Perry.


5)Question- Is North Bay Resources still actively buying back shares from the announced extended Stock buy back on October 17th.

Answer - "Our share buyback program was initiated in Oct 2007, and over 2M shares have been repurchased. We will buyback stock on the open market from time to time, as funds are available to do so, and depending on market conditions."

[mithrandir]

From their annual report 2008
(it's on their website)

During Q4 the Company announced that its Board of Directors has approved a one year
extension of its stock buyback program. The original authorization, announced in October
2007, allowed for a stock repurchase program of up to five million (5,000,000) issued and
outstanding shares of the Company’s common stock for a period of 12 months ending
October 19, 2008, commencing on Friday, October 19, 2007. The renewed authorization
extends the program until October 19, 2009.

[Bruce the Stock Guy]

I dont see anything worth putting out there when there is dumping. Please be certain.<<<<<<<<<<<<Marana.."This one,She's not for you!"<<<<<<sounding just like Tony Montana in Scarface

[Kurupt]

Authorized Shares
250,000,000 as of May 21, 2009 (THIS NUMBER IS DIRECTLY FROM THE T/A from the date i posted)

Outstanding Shares
38,597,287 as of May 19, 2009 (yes that has increased-PEASE READ BELOW WHAT THAT MEANS)


Outstanding Shares
What Does It Mean?
What Does Outstanding Shares Mean?
bold/b Stock currently held by investorsbold/b, including restricted Underline/u shares owned by the company's officers and insiders, as well as those held by the public.Underline Shares that have been repurchased by the company are not considered outstanding stock. /u

Also referred to as "issued and outstanding"
Outstanding Shares
This number is shown on a company's balance sheet under the heading "Capital Stock". It is used to calculate many metrics, including market capitalization and earnings per share (EPS).


Like Bruce said this one is not for you:)


nbri