Replies to post #1520 on North Bay Resources Inc (NBRI)

[Bruce the Stock Guy]

Stay Grounded and Keep it realistic....<<<<<<<<<<<One mans realistic is another mans hype..My money is where my mouth is..Dont do what I do without the supervision of a professional..This one is the real deal and I am rarely wrong..

[RyGuy]

Actually I believe a share price of $0.23 is very achievable, and could happen at any point.

If you look at the comparisons I posted with other JR Mining companies, the $0.23 price would equate to a $9,000,000 market cap. Which is only 1/3 of others like Pediment, Yukon, Sarissa, and Nevada Gold.

This just needs to get noticed. An update on Funding for the US operating mine properties would also help.

NBRI is so undervalued compared to companies that are extremely similar. Here are some comparisons to other JR mining operations, that are mostly just in exploration phases. Most of them have market caps of around 30 Million while NBRI has a market cap of just 600 Thousand.

The share structure is extremely tight with only 38.5 million outstanding and 20.9 million in the float.

Here are the comparisons with other Exploration phase mining companies. NBRI with the right promotion could easily have a market cap just like NGHI.

SFEG.OB:-----Revenue (ttm):----68.19K
PEZGF.OB:----Revenue (ttm):---149.83K
MNEAF.OB:----Revenue (ttm):---$00.00-
YNGFF.PK:----Revenue (ttm):----48.98M
SRSR.PK:------Revenue (ttm):----$00.00-
WSRA.PK:------Revenue (ttm):----$00.00-
NGHI.OB:-------Revenue (ttm):----$00.00-
NBRI.PK:-----Revenue (ttm):+++$390.77K+

SFEG.OB:----Net Income Avlbl to Common (ttm):--------7.74M-Negative
MNEAF.OB—---Net income Avlbl to Common (ttm):---19.69M-Negative
PEZGF.OB:---Net Income Avlbl to Common (ttm):----731.12K-Negative
YNGFF.PK:---Net Income Avlbl to Common (ttm):----111.13M-Negative
SRSR.PK:----Net Income Avlbl to Common (ttm):--------1.25M-Negative
WSRA.PK:---Net Income Avlbl to Common (ttm):--------1.30M-Negative
NGHI.OB:----Net Income Avlbl to Common (ttm):--------361.13K-Negative
NBRI.PK:----Net Income Avlbl to Common (ttm):++++278.84K+Positive

SFEG.OB:-----Diluted EPS (ttm):--0.100-
PEZGF.OB:----Diluted EPS (ttm):--0.020-
MNEAF.OB:----Diluted EPS (ttm):--0.085-
YNGFF.PK:----Diluted EPS (ttm):--0.020-
SRSR.PK:-----Diluted EPS (ttm):---0.0017-
WSRA.PK:----Diluted EPS (ttm):---0.0053-
NGHI.OB:------Diluted EPS (ttm):---0.011-
NBRI.PK:-----Diluted EPS (ttm):++0.011+

SFEG.OB:---Market Cap:-----$80,007,656 as of May 28, 2009
PEZGF.OB:--Market Cap:----$27,894,871 as of May 28, 2009
MNEAF.OB:--Market Cap:---$172,905,000 as of June 1, 2009
YNGFF.PK:--Market Cap:----$28,546,679 as of May 28, 2009
SRSR.PK:--Market Cap:------$29,364,642 as of June 3, 2009
WSRA.PK:--Market Cap:-------$2,806,027 as of June 3, 2009
NGHI.OB:----Market Cap:-----$29,140,778 as of Jun 4, 2009
NBRI.PK:---Market Cap:----------$578,959 as of May 28, 2009

SFEG.OB:----Shares Outstanding:----80.22M (As of May 14, 09)
PEZGF.OB:---Shares Outstanding:----43.01M (As of Mar 31, 09)
MNEAF.OB:---Shares Outstanding:---230.54M (As of May 18, 09)
YNGFF.PK:---Shares Outstanding:-- 272.65M (As of Dec 31, 08)
SRSR.PK:----Shares Outstanding:---724.12M (As of Dec 31, 08)
WSRA.PK:----Shares Outstanding:--255.09M (As of Mar 31, 09)
NGHI.OB:-----Shares Outstanding:----72.85M (As of May 13, 09)
NBRI.PK:----Shares Outstanding:----38.50M (As of May 19, 09)

SFEG.OB:----Share price $1.01
PEZGF.OB:---Share price $0.94
MNEAF.OB:---Share price $0.74
YNGFF.PK:---Share price $0.14
SRSR.PK:----Share price $0.04
WSRA.PK:---Share price $0.01
NGHI.OB:----Share price $0.45
NBRI.PK:----Share price $0.017

[remfire]

You got it right JonB44
Brucegorman proved what I was talking about. I had my first battle with a kidney stone Sat. night and I was on some strong pain medication all day Sunday. While under the influence had I been posting I would have probably said something stupid like that. Well maybe not that stupid.
It's looking like I might have to raise my price up to the bid before I can get any more shares. They may not let it go all the way down to .01 again.