Replies to post #47876 on North Bay Resources Inc (NBRI)

[Bruce the Stock Guy]

Personally I am thrilled that we didn't waste money and time on an SEC approved resource estimate<<<<NBRI..Obvious!

[Blindsquirrel]

NBRI. There is a lot of misinformation being thrown around here. Can anyone here post a link to any announcement somewhere that the SEC approved a geological report anywhere? The SEC has a set of guidelines of what a company can say or not say in its filings and tells them to change it if it doesnt meet the guidelines. Anything said in a 10K or 8K that is not amended later is approved automatically by definition. This Guide 7 thing talked about is over 30 years old and obsolete. No one except the SEC pays attention to it and Ive never seen a report from a mining company that only uses Guide 7 and not NI43101 and would like someone to post a link if one exists somewhere. The rest of the world goes by NI43101 which the SEC wont recognize. The rest of the world also uses the metric system but not the US. Go figure.

[oyster501]

Im sure mining technology has vastly improved since WW11.Much more effecient now to track and extract nuggies. Long NBRI!!