NMC is a great stock, in early 2004, the stock was very thinly traded and has held up well compared with the 2000-2003 time period. NMCX is tightly held because of this and the recent volume decline.
NMC has a precious metals production facility and mine in Arizona. Precious metals prices could return to prices of 4 years ago and NMC would still have profitable mineral properties. Likely precious metals prices will climb for a long time to come, appreciating NMC's assets. The best way to get out a proper Press Release for NMC is early some morning use code T. :
Trading Halt Codes T.1 Trading Halt - News Pending Trading is pending the release of material news. OTCBB issue is a deritive or component of a security which is listed on The Nasdaq Stock Market, U.S. exchange, or foreign market or exchange, and there is a trading halt on the underlying security.
T.2 Trading Halt - News Released
The news has begun the dissemination process over a major wire service.
T.3 Trading Halt - News and Resumption Times The news has been fully disseminated over a major wire service. Two times will be displayed: (1) the time when market makers can enter quotations (2) the time the security will be released for trading.
Beginning Monday February 5, 2001, all trade halt and resumption times will be posted in HH:MM:SS format. This is a change to the current format of HH:MM:hundreths of a minute.
T.12 Trading Halt - Additional Information Requested by Nasdaq
Trading is halted pending receipt of additional information requested by Nasdaq.
