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sounds to me like this could go CRAZY$$$HIGH!!!
Funny you asked. Only 19 million dollars and remember that Newmont is a 17 billion dollar company and if Newmont has 82% ownership of IDAM what would be the share price of IDAM. Doesn't that make you wonder what is happening behind the scenes that we don't know of other that for some odd reason this ticker came out of the grey markets and DTC chills was lifted. Why would that be?
what would the market cap be at $10/share?
Yes it could make a run to at least 10 dollars when those filings hit. Now, the most important thing is timing.
but who knows, it truly could happen tomorrow! this is an exciting stock!! and think how high it could run on this share structure!! that to me makes this an amazing buy down here at only a couple bucks!!!!
It's just a waiting game and the hardest part is being patience in this line of work.
IDAM is going to explode to the upside and it could happen at any moment! the time to buy is BEFORE they release any news!!
"I know (if)Barrick didn't want some of NEM subsidiaries, logic would tell that, they will probably bring those assets into IDAM at some point in the future" .
this is a golden quote--no pun intended!!
I guess time will tell. Good info though
Anyone know anything about this ticker IDAM. https://www.otcmarkets.com/stock/IDAM/security. As you can see it's dark and defunct, however, Transfer Agent Verified Par Value of $1.00. Newmont (NEM) https://www.newmont.com/home/default.aspx is the parent company.
I only took interest in this ticker, cause of the past two weeks volume, so I called investor relations last week and they confirmed that NEM is the parent company, I also wanted to make sure what the share structure was, they didn't have an answer for, but indicated that I should the transfer agent, Computershare to get the correct information, so I called the Transfer Agent they said that IDAM or Idarado Mining Company was not in their database and if I was sure that IDAM was not merging with anyone, I said I don't know.. Remember the phrase "merging" with anyone. Then I called investor relations again, left a message with Johnathan Beagle, he called me back (this was our second time talking on the phone) he said the companies legal staff are calling computershare transfer agent and they will have them call me with the information that I needed, then he said the site in Colorado, which is the Idarado Mining Company location is in reclamation, but NEM, which is Newmont, also trading on the big boards NYSE owns 82% of Idarado Mining Company IDAM. So my question to you experts on this board or wherever, if Barrick Gold acquired NEM and NEM own IDAM, should the valuation on IDAM be higher, or for that matter, I know Barrick didn't want some of NEM subsidiaries, logic would tell that, they will probably bring those assets into IDAM at some point in the future.
This ticker for the longest time was on DTC Chill and it was in the grey markets no trades for the longest time, all of the sudden it has woken up, there has to be a reason. Incredible share structure and Par value of $1.00 definitely is baffling and the parent company worth in billions and billions. Just wished I knew the real back story and expert advise would be appreciated.
Lowfloatmaster, do still own shares of IDAM, just curious to know what the actual float is if you know. Although, IDAM share structure is being updated on OTC every 2-3 days, there is no way of knowing what the float is. Since there no shares have gone into the market place since 2-3 weeks that I know of. I have to say, the trading is really, really weird.
Without a doubt in my mind, this ticker here is very special, look at the par value of $1.00
will run MASSIVELY with ANY Newmont news regarding IDAM!!!
We will soon find out how this plays out.
that's crazy bro. this is a monster in the making
This one is from companies website
https://www.newmont.com/about-us/management/default.aspx
Which is this company
https://finance.yahoo.com/quote/NEM?p=NEM&.tsrc=fin-srch
We don't know, it's all a speculation at this point, I think either they bring a gold asset into the shell, based on the Twitter feed I am reading, it looks like they plan doing a strategic move joint venture, sometime in 2nd quarter of 2019, which falls between the month of April and June.
wow! so the question i--what would a GIANT company like Newmont be planning here!!!??
Can you imagine?
newmont Market cap $18,244,000,000!!! BILLIONS
Absolutely is. A big board NYSE stock, look at the market cap. No joke
https://finance.yahoo.com/quote/NEM?p=NEM&.tsrc=fin-srch
Newmont Mining connection is HUUUUGE!!
Anybody wants a piece of this needs to slap the ask. This company is the parent company
https://www.newmont.com. Look at the legal secretary on the companies website and look at the OTC officer the same as the legal secretary on companies website
https://www.otcmarkets.com/stock/IDAM/profile
More importantly look at the share structure and the Par value $1.00 not even on the big boards you see that par value.
This is going to hit big and fully verified.
He can toy around as much as he can, he will no longer have control over once I am done with this thing. BOOM BOOM coming.
$5 next week and much*much**much higher in the coming weeks
$5.00 - $10.00 one day
MANY new 52week highs coming!!!! HOLD TIGHT!!!!
New 52 Week High Today
Idarado Mining Co (IDAM:OTCPK)
Export chart+ WATCHLIST
Real Time Quote | Exchange | USD
Last | 2:49:59 PM EDT Volume 52 week range
1.95 +0.70 (+56.00%)
9,647
0.00 - 2.15
New 52 Week High Today
Idarado Mining Co (IDAM:OTCPK)
Export chart+ WATCHLIST
Real Time Quote | Exchange | USD
Last | 12:41:49 PM EDT Volume 52 week range
1.80 +0.55 (+44.00%)
7,897
0.00 - 2.15
1D5D1M3M6MYTD1Y
New 52 Week High Today
Idarado Mining Co (IDAM:OTCPK)
Export chart+ WATCHLIST
Real Time Quote | Exchange | USD
Last | 12:41:49 PM EDT Volume 52 week range
1.80 +0.55 (+44.00%)
7,897
0.00 - 2.15
1D5D1M3M6MYTD1Y
Can you show proof of your statement?
Why are you asking me if you should buy?
Idarado Mining Co (IDAM:OTCPK)
Export chart+ WATCHLIST
Real Time Quote | Exchange | USD
Last | 10:06:34 AM EDT Volume 52 week range
1.90 +0.65 (+52.00%)
1,350
0.00 - 2.00
1D5D1M
Idarado Mining Co. ( (IDAM)
1.5 ? 0.25 (20.00%)
Volume: 400 @ 9:43:23 AM EDT ET
Bid Ask Day's Range
1.5 1.7 1.5 - 1.50
and your point is? who cares man
awesome--nice buys!!! when did you get them?
Awesome thanks for the heads up
I am here because I did not know that the float is owned by the posters on this board
Easy there sunshine
I am not promoting anything
Just stating I see bids , and people asking questions
What’s going on. I don’t claim to know anything
I just think there might be
Oh and yeah .. maybe there will be sellers
So u can buy cheaper.
Why else are you on this board
Funny
This can also trade $10+. Just saying...
GL
And the float is owned by a few of the posters on this board so guess who will get rich if we newbies start buying at this high prices
You and another person promoting the stock here is the only thing that is cooking because of that newbies are starting to buy so now this thing is moving
Valid point but you can look at historical pricing and see there was literally like 5000 shares sold down there so.....
Keep in mind the float is pocket change here
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