quote:Originally posted by Garu: IMO, it will hit @.02 if now PR this week.
LOTS OF POTENIAL HERE. I JUST BOUGHT ANOTHER 100000 @ .029-.03. LOTS OF BIG BUYS GOING THRU. IT'S ALL IN THE VOLUME THAT IS STILL HOLDING STRONG. FINANCIALS ARE TO BE OUT THIS WEEK. JUST HAVE TO WAIT AND SEE.
posted
This message is in the Spam Folder because you have chosen to only receive mail from People you Know. Subject: NMCX Financials Date: 12/29/2004 11:20:21 A.M. US Eastern Standard Time From: MadFranco Reply To: To: eveningstorm@earthlink.net CC: BCC: Reality Inc 21 Sent on:
Sent from the Internet (Details) Internet Address Card Attached
The company is expecting to make financials available on the web site sometime this week. Thank you for your interest in NMCX. We appreciate your patience and wish you all the best in 2005.
posted
I E-MAILED THE COMPANY BACK AND ASK THEM TO PLEASE DO A PRESS RELEASE WITH FINANCIALS SO IT WOULD NOT BE MISSED BY INVESTORS. IT IS A PAIN TO KEEP CHECKING THE WEB SITE.
quote:Originally posted by realityinc21: This message is in the Spam Folder because you have chosen to only receive mail from People you Know. Subject: NMCX Financials Date: 12/29/2004 11:20:21 A.M. US Eastern Standard Time From: MadFranco Reply To: To: eveningstorm@earthlink.net CC: BCC: Reality Inc 21 Sent on:
Sent from the Internet (Details) Internet Address Card Attached
The company is expecting to make financials available on the web site sometime this week. Thank you for your interest in NMCX. We appreciate your patience and wish you all the best in 2005.
Sincerely,
JORDAN RICHARD ASSOC. LLC Madeleine Franco
Diana, I am learning, what do you expect from the financial info since it is pk?
quote:Originally posted by Garu: [QUOTE]Originally posted by realityinc21: [b]This message is in the Spam Folder because you have chosen to only receive mail from People you Know. Subject: NMCX Financials Date: 12/29/2004 11:20:21 A.M. US Eastern Standard Time From: MadFranco Reply To: To: eveningstorm@earthlink.net CC: BCC: Reality Inc 21 Sent on:
Sent from the Internet (Details) Internet Address Card Attached
The company is expecting to make financials available on the web site sometime this week. Thank you for your interest in NMCX. We appreciate your patience and wish you all the best in 2005.
Sincerely,
JORDAN RICHARD ASSOC. LLC Madeleine Franco
Diana, I am learning, what do you expect from the financial info since it is pk?
[/B][/QUOTE]
FINANCIALS AND REPORTING THEN OFF THE PINKS?? WHO KNOWS??? PENNY'S ARE SPECULATION. NEW CEO IS ON THE BALL!! WE WILL SEE.
PROFIT TAKING ALMOST DONE. IMHO ACUMULATION FOR NEWS OF FINANCIALS BUY THE END OF THIS WEEK. (2 TRADING DAYS)
POTENTIAL IS PRICELESS.
12/30/2004 12:36:03 A.M. US Eastern Standard Time From: MadFranco Reply To: To: vithiya1240@hotmail.com
Please pardon me if I've already sent you this information . . .
The company is expecting to make financials available on the web site sometime this week. Thank you for your interest in NMCX. We appreciate your patience and wish you all the best in 2005.
Home Company Profile Contacts Join our FREE Newsletter Stocks Picks & Recommendations Zoom Links Archives Disclaimer Code of Ethics ZWOT Analyses
ZoomingStocks.com is the premier OTCBB Stock Analysis company. It's goal, to provide you with rapid and timely information is well suited to your investment needs. Zoom your way to wealth!
Happy New Year! 2005
Zoomingstocks.com Alerts! Nevada Mining Company (NMCX) GFY Foods, Inc. (GFYO) U. S. Canadian Minerals Inc. (USCA) CMKM Diamonds Inc. (CMKX)
Nevada Mining Company Inc. (PinkSheets:NMCX) Announces $500 Million Deal & Reveals Mineral Property Sites
In a press release this morning, Nevada Mining Company Inc. announced the sale of 26% of its Skull Valley ore inventory to a private U.S. Corporation. The 137,939 tons of ore were not identified in the press release for a total sale price of $500,000,000 payable over a 10 year period. Also at a $500,000,000 value, 26% of the Skull Valley inventory represents an immediate $2 billion total value of the Skull Valley property.
The press release also revealed that the company has 7 mining claims of 20 acres each in Nevada and 17 mining claims of 340 acres each in the San Bernadino County area of California. If the value of any of these claims is anywhere near what the current deal was revealed to be then NMC Inc. is going to be one of the greatest mining companies of this century as they own 100% of all mineral rights on their claims.
With the financials expected in the next few hours or days, shareholders are on the edge of their seats hoping for a very conservative share structure that could cause a major run up on this stock. Michael Sheppard, CEO of NMC Inc. notes that financial statements for 1999 through 2003 will be posted on the Company's web site www.nevadaminingcompany.com as soon as they are received from Pannell Kerr Forster.
Nevada Mining Company's approximate share structure which will be confirmed in the financials is expected to be as follows
Authorized Shares: 1,500,000,000 Common Stock: 900,000,000 Preferred Stock: 600,000,000 Issued and Outstanding: 560,000,000 Tradeable Float: 100,000,000
The world of Nevada Mining Company Inc. has become very exciting in a very short time. Zoomingstocks.com will stay atop of the developments reporting events as they unfold to our subscribers.
Nevada Mining Company Inc. Appoints New CEO, completes Audit.
The announcement appointing a new Chief Executive Officer Mr. Michael Sheppard, heralds in a new age of prosperity for Nevada Mining Company. Along with this comes an announcement of completing their audit and moving towards becoming a fully reporting company.
With a new CEO at the helm, this company is now announcing their filing of a 10Q based on 5 years of financial data and also announcing the firm that performed the audit, Pannell Kerr Forster International in the coming week.
Michael Sheppard, CEO of Nevada Mining Company zooms on the scene with a video message to shareholders and has this to say; "With 30 years of management experience and 15 years serving as chief executive and/or president, I am no stranger to the tough decisions that have to be made along the way as our company emerges from development stage to become a revenue-generating enterprise. I look forward to leading NMC in a new era in which all of our efforts will be directed toward capitalizing on our properties and maximizing shareholder value in the realization of the shared vision".
Maurice Furlong who abdicated his position to Mr. Sheppard says; "the Company is expecting to release financial statements in the coming week." The five years of financial statements were prepared by the office of Pannell Kerr Forster International, one of the top 10 auditing firms in the country.
On the old website, NMCX has prepared answers to questions that have been on the shareholders minds for the better part of 5 years. Be sure to see the video footage of their gold processing. Answers and the video can be found at http://www.peeplesinc-nmc.com. The new Nevada Mining Company website http://www.nevadaminingcompany.com includes a bio of the new CEO Michael Sheppard under management in the navigation bar and a video message from the new CEO himself.
Well it cannot get better than that for the long term shareholders who have faithfully held their positions waiting for the report. Shareholders were pleasantly surprised with a reorganized company, a new corporate website and a new CEO to take the company into the 21st century.
Zoomingstocks.com will keep its eye on the developments as the company zooms its way to new heights. This is just the beginning for this company according to shareholders interviewed by zoomingstocks.com and we share in their excitement. Zoomingstocks.com management has held a position in Nevada Mining for sometime now and is eager to see this company springing into action. Zoomingstocks.com feels that the best is yet to come.
posted
Peeples Inc, has a lot of pictures of the 3 mining sites. Peeples is the wholly owned subsidiary of NMC. http://www.peeplesinc-nmc.com/
Quoted from the 22nd news, "NMC, Inc., and its wholly owned subsidiary, Peeples, Inc., has interests in mining and ore processing. In addition to its Skull Valley operations, the Company owns 7 mining claims of 20 acres each in Mesquite, Nev. and 17 mining claims on 340 acres in San Bernardino County, Calif. In all of the above NMC, Inc. owns 100% of the mineral rights."
quote:Originally posted by Garu: The unaudited Financial statements are ready in their website, but NOT for 2002, 2003 & 2004 yet. We have to waite for the audited one.
posted
2001 actualy looks pretty good, they had an income per share of .0031 with a price multiple of 10 that puts them at a pps of right about where they are trading right now. This does not take into account the deal they just got for the 500 million over 10 years. IMO this stock is way undervalued just based on the 2001 financials let alone what they will hopefully show us for 02 and 03. Any opinions on this are greatly appreciated.
posted
TOOK ME A WHILE TO WADE THRU ALL THE REPORTING.
IMHO--THE NEW CEO HAS ACCOMPLISHED A GREAT DEAL IN A FEW MONTHS. REPORTING AND FINANCIALS SHOULD BE COMPLETED BY THE END OF NEXT WEEK. THRU THE HOLIDAYS IT IS UNDERSTANDABLE FOR A DELAY. IMHO THEY HAD CASH RESERVES IN 2001--VERY LOW TO NO DEBT. THE NEW DEAL IN 2004-05 INCLUDING THE SALE OF A LARGE % OR STORED ORE SHOULD BRING GREAT INCOME TO THE COMPANY FOR 2005.
I BELIEVE THE POINT OF REPORTING WILL BE TO TAKE THIS STOCK OFF THE PINKS. MAKE IT AN OFFICIAL REPORTING COMPANY. WE ALL KNOW WHAT THAT CAN DO TO THE STOCK PRICE.
THE NEW CEO HAS DONE THIS BEFORE AND KNOWS THE ENDS AND OUTS. I BELIEVE HE CAN MAKE THIS HAPPEN. JMHO
------------------ DIANA
[This message has been edited by realityinc21 (edited December 31, 2004).]
A brief glimpse shows that, on page 8 of 2001, 3(g), shows outstanding shares of 395,905,943. Total liabilities is 6,920,874. They are receiving 500,000,000 in 20 years. And thats only account for 26% of the total inventory. Just some simple calculation shows this stock worth more then $1/share. If it is not a penny stock but a active traded stock on nasdaq, this kind of financial ratios will bump the stock price up to P/S to at least 5. And also keep in mind that the balance sheet inventories amount is not a fair accurate market value, since at that time, they have not sold the minerals yet at 500M for 26%, and using GAAP, they have to be more conservative in calculating inventories. The market value is WAY HIGHER that what it shows.
posted
CORRECTING and REPLACING NMC Announces Availability of 1999-2001 Financial Statements 12/31/04
LAS VEGAS, Dec 31, 2004 (BUSINESS WIRE) -- In BW5056 issued Dec. 31, 2004: Fifth graph, second sentence of release, company name should read NMC, Inc. (sted Nevada Mining Company, Inc.)
The corrected release reads: NMC ANNOUNCES AVAILABILITY OF 1999-2001 FINANCIAL STATEMENTS
Michael Sheppard, CEO of NMC, Inc. (Pink Sheets:NMCX), announced the availability on the company's web site (www.nmcinc.com), financial statements for the three years ended December 31, 2001. The Company expects to post financial statements for the years 2002 and 2003 on its web site following management review. Financial updates for 2004 will follow at a later date.
Chartered Accountants Pannell Kerr Forster (PKF), preparer of the financial statements, is a member of PKF International, a network of independent firms of accounts and business advisors with 430 offices in over 100 countries. The financial statements were prepared in accordance with accounting standards generally accepted in the United States of America, with particular consideration to the requirement for reasonable assurance of the accuracy of evidence and information provided by management supporting the amounts and disclosures in the financial statements. An auditor opinion of these financial statements will be posted on the Company's web site (www.nmcinc.com) as soon as available.
Sheppard said that while management had previously anticipated releasing audited financial statements at this time, due to the obligations imposed by the Sarbanes-Oxley Act of 2002 and the time required for the completion of a third-party audit, the Company made the decision to release unaudited financial statements in the interim. Sheppard indicated that additional time was needed for thorough management review of the financial statements for 2002 and 2003 prior to their being posted on the Company's web site.
"While we recognize that such delays are never good news, we stand behind our financial information. Given a choice between releasing these additional financial reports for 2002 and 2003 to meet a self-imposed deadline, and releasing them following a conscientious review, we have chosen to delay their release in order to be better prepared to respond to shareholder inquiries," said Sheppard.
In the opinion of management, the information contained in its financial statements released today fairly present, in all material respects, the financial condition and results of operations of the Company for the periods indicated. Any questions concerning these financial statements should be brought to the attention of management via email or written request addressed to info@nmcinc.com or NMC, Inc., 2711 Cool Lilac Avenue, Henderson, NV 89052-3835.
NMC, Inc., has interests in mining and ore processing. Visit the company's website at www.nmcinc.com, where NMC, Inc. intends to continue making its quarterly and annual financial statements available.
Statements contained in this release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Act of 1995. These statements are based on information available to the Company as of the date of this news release, and the Company assumes no obligation to update or revise these forward-looking statements. Forward-looking statements are inherently uncertain, and the Company's actual results may differ from management's expectations. Risks and uncertainties associated with forward-looking statements include without limitation, U.S. and foreign currency fluctuations, changes in environmental and mining regulations, delays in obtaining regulatory approvals, costs associated with processing ore concentrates, fluctuation in precious metals markets, general economic and business conditions, litigation and other factors. All subsequent forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Financial estimates, whenever provided, either by the Company or by third parties, are subject to change and are not intended to be relied upon as predictions of future operating results. NMC, Inc. assumes no obligation to update or disclose revisions to such estimates.
SOURCE: NMC, Inc.
Jordan Richard Assoc., LLC Madeleine Franco, 801-463-0300 ir@jordanrichard.com
posted
I AM HOLDING A MIL SHARES AT ..029. DEPENDING OF FINACIALS--I WILL DECIDE WHAT TO DO FROM THERE. I AM NOT A HOLDER BUT I MIGHT MAKE AN EXCEPTION HERE. MADE A LOT OF GREAT BANK ON THIS ONE SO FAR. HOLD ABOUT 1/2 MIL FREEBIES SO FAR.
I LIKE THE NO DEBT POSITION AND THE HISTORY OF THE NEW CEO AS A 'GO TO GUY.'
OF COURSE ANYTHING CAN HAPPEN-BUT IF THIS BECOMES A REPORTING COMPANY AND GETS OFF THE PINKS WE COULD BE LOOKING AT AN EASY $1 + PPS. JUST A BIG LOTTO TICKET--LOL I HOPE THIS ONE PAYS OFF!!
posted
On June 2, 2003 the Company entered into an agreement to sell 137,939 tons of certain precious metal concentrate to a privately held U.S. corporation for the sum of US$500,000,000. It was further agreed that this sum will be paid for by way of a deposit of US$11 million down payment and the balance over a ten (10) year period from the date that the down payment schedule is activated. The down payment will be paid over a period of twenty-four (24) months commencing on or before March 31, 2005, or within 30 days after the receipt of a signed audit. In 2003, the buyer paid the Company a good faith irrevocable deposit of $720,860. In addition, the buyer was granted a stock option to purchase 15,000,000 common stock at $0.05 executable ninety (90) days after the closing of the sale agreement and first payment of US$150,000.
IP: Logged |
posted
The financials released Friday were not audited. There should be audited financials released in the near future. I just filled 100,000 more shares at .023, great time to get in IMO.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
