Replies to post #4011 on ~*~Mining and Metals Du Jour~*~

[decouverte d Elbe]

NBRI was profitable before it even landed it's first deal. You would swear you are trading a $3 mining stock, with it's 3 JV deals, $5 million credit line(on company favorable terms), 150 claims and pacers,and 58 million O/S-250 million A/S structure.
And it bears repeating that with NBRI's Generative business model, our JV partners bear the major initial start-up operation costs, and we have guarantees for millions of dollars, and stock from these companies.
The $5 million dollar financing facility , under the favorable terms you have read about, are testament only to the business leverage our CEO has realized from our business plan. We already have the ability to do our JV deals without using those funds, well into the 3 JV operations.

[decouverte d Elbe]

Besides the $5 million, NBRI received millions in development fees and receivables from their current three JV deals-a steal at .04 with only 58 million O/S. The 150 claims and placers include 330 acres that border the largest producing Canadian Goldmine ever, the largest Vanadium acquisition in Canadian history, silver, platinum,and more gold, and more gold, and more gold, and more..... Mindboggling!