North Bay (OTC: NBRI) Resources Announces Gold Concentrate Shipment

On Wednesday morning, most investors are expected to be on the lookout for stocks of those companies that may have been in the news yesterday, and one of the companies worth tracking may be North Bay Resources Inc. (OTC: NBRI). The company made an announcement with regards to a test shipment of gold concentrate yesterday. Let’s take a closer look here.

New Test Shipment

In the news release yesterday, North Bay Resources announced the test shipment in question was of 327 pounds of gold concentrate with the grades of 14.2 ounces per ton. The shipment was made to Just Refiners, located in Reno, Nevada, and had been sent from the Bishop Gold Mill.

Further Information

In this context, the company announced that the shipment it sent off was part of an optimization process related to the Bishop Gold Mill that took place last month and consisted of the processing of ore from the Fran Gold Property. The shipment was a major new milestone for the company as well as for its related projects, and it is going to be interesting to see if it leads to further attention for the North Bay Resources stock or not.

Technicals

+/- EMA(20)14.41 (+0.97%)
+/- SMA(50)14.12 (+3.05%)
+/- SMA(200)14.09 (+3.26%)
5-Day Perf.+0.07%
1-Month Perf.+3.19%
3-Month Perf.-2.07%
6-Month Perf.-1.26%
YTD Perf.+3.93%
1-Year Perf.+12.13%
RSI(14)56.57
ATR(14)0.11
ADX(14)14.17

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.