posted
NMCX - NMC (OTC) Date Open High Low Last Change Volume % Change 11/05/04 0.0095 0.0110 0.0095 0.0110 +0.0023 13538900 +26.44%
Composite Indicator Trend Spotter TM Hold
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Sell 20 Day Bollinger Bands Buy
Short Term Indicators Average: 60% - Buy 20-Day Average Volume - 5069090
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 50% - Buy 50-Day Average Volume - 4263974
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 33% - Buy 100-Day Average Volume - 3100804
Overall Average: 48% - Buy
Price Support Pivot Point Resistance
0.0110 0.0090 0.0105 0.0120
------------------ 'wid ma mind on ma money an' ma money on ma MIND!!!!!!!
posted
Was able to pick some up yesterday.... Financials coming out this week.....Should be sweet. Thanks to Mag for bringing this one to my attention.
posted
NMC, Inc. Announces Sale of 137,939 Tons of the Concentrated Ore Inventory in Skull Valley, Arizona Wednesday December 22, 6:00 am ET $500 million sale over 10 years represents 26% of Skull Valley tonnage
HENDERSON, Nev.--(BUSINESS WIRE)--Dec. 22, 2004--Michael D. Sheppard, chairman of the board and CEO of NMC, Inc. (Pink Sheets:NMCX - News), announced today that NMC, Inc. has sold 137,939 tons of concentrated ore "as is" in the storage pits (approximately 26% of its total Skull Valley concentrated ore inventory) to a private U.S. corporation. The irrevocable contract is valued at $500 million over 10 years. The Company has already received an initial payment of $700,000, and the remainder of an $11 million down payment is to be paid over 24 months. Under the terms of the agreement, the buyer will pay the remaining $489 million over a 10-year period calculated from the date on which the full down payment schedule is activated, which is 30 days after NMC receives its audited financial statements.
Sheppard further noted 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.
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.
------------------ "The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him." The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
posted
I'm back in again...looks like it's turnin' for another spike.....
------------------ "The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him." The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
------------------ "The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him." The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
posted
Transactions are exact same time and is manipulating bid/ask. Bid about to come to 0.029. Here we go.............
------------------ "The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him." The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
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.
posted
Well, it sounds good. The web site and company video look well done. It may be very interesting over the short term with more news expected and filings!
IP: Logged |
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 11647504
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 8037737
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 5514285
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.0230 -0.0195 0.0214 0.0623
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Can I ask your opinion about holding this through next week. I value your posts here on the board. I bought yesterday and worry about selling to early. I have done that quite a bit here lately and could kick myself when I could have made some real good bucks!
Can I ask your opinion about holding this through next week. I value your posts here on the board. I bought yesterday and worry about selling to early. I have done that quite a bit here lately and could kick myself when I could have made some real good bucks!
Thanks,
Bob
BOB,
I BUY AND SELL A LOT. NOT MUCH OF A HOLDER. I WOULD WAIT FOR FINANCIALS AND LOOK AT THE BIG PICTURE FROM THERE.
I USE PROPHET.NET AND LOTS OF PEOPLE USE OTHER GREAT PROGRAMS THAT YOU CAN GET A LOT BETTER FEEL FOR THE ENTRY POINT/SELLING PRICE. WELL WORTH 25 BUCKS A MONTH. JMHO
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 13257404
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 8627610
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 5849716
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.0360 0.0203 0.0321 0.0439
NMC, Inc. Announces Sale of 137,939 Tons of the Concentrated Ore Inventory in Skull Valley, Arizona; $500 million sale over 10 years represents 26% of Skull Valley tonnage 12/22/2004 6:00:00 AM HENDERSON, Nev., Dec 22, 2004 (BUSINESS WIRE) -- Michael D. Sheppard, chairman of the board and CEO of NMC, Inc. (Pink Sheets:NMCX), announced today that NMC, Inc. has sold 137,939 tons of concentrated ore "as is" in the storage pits (approximately 26% of its total Skull Valley concentrated ore inventory) to a private U.S. corporation. The irrevocable contract is valued at $500 million over 10 years. The Company has already received an initial payment of $700,000, and the remainder of an $11 million down payment is to be paid over 24 months. Under the terms of the agreement, the buyer will pay the remaining $489 million over a 10-year period calculated from the date on which the full down payment schedule is activated, which is 30 days after NMC receives its audited financial statements.
Sheppard further noted 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.
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.
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. Estimates of financial results, 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. Madeleine Franco, 801-463-0300 ir@jordanrichard.com
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