InvestorsHub Logo

wacalahan

03/10/14 2:36 PM

#61262 RE: wacalahan #61233

I forgot to add that if COO Watters is successful in

producing gold at the RUBY mine in quantities enough
to continue operations and the listing of RGI shares
on the OTC exchange. he will be appointed CEO Watters
of this new mining Company.

Also, NBRI will become a world class Holding Company
of PM Properties !! . . . .JOHO

es1

03/11/14 1:00 AM

#61323 RE: wacalahan #61233

It always was directed by the same professional

Mr. Watters will be providing the Company with engineering and operational services at the Ruby Mine, as well as assisting with ongoing compliance with California's Surface Mining and Reclamation Act ("SMARA") and the planned expansion of the Ruby Mine tailings facility. Mr. Watters will also be providing engineering and operational services on other prospective mining projects the Company expects to undertake in the near future.



Mr. Watters' COO duties will include serving as the Mine Manager for the Ruby Mine in Sierra County, California, responsible for management, supervision and all aspects of operations at the Ruby. When the planned spinoff of RGI as an independent company is completed, Mr. Watters will then become the Company's Chief Executive Officer, and will also be given a seat on the Board of Directors. Prior to his appointment, Mr. Watters has been serving as an independent consultant to the Company since 2011, providing engineering advisory services at the Ruby Mine, as well as advising the Company on safety compliance issues with the federal and state mine safety regulatory agencies, MSHA and Cal/OSHA.



So not much different. It seems like in return for getting the CEO of RGI and a BoD seat hes just not helping out on other projects because that (the green) the only difference in the duties listed. They are not quite word for word. At least they are not being that obviously redundant, but the job is no different. My point was hes no "new guy".