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Monday, March 18, 2019 7:59:07 PM
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.
Recent NEM News
- Newmont nomme François Hardy, vétéran de l'industrie minière, au poste de directeur de la technologie • Business Wire • 04/19/2024 08:57:00 PM
- ニューモント、鉱業分野の実力者フランソワ・ハーディーを最高技術責任者に任命 • Business Wire • 04/19/2024 05:55:00 PM
- Newmont beruft Bergbau-Veteran Francois Hardy zum Chief Technology Officer • Business Wire • 04/19/2024 05:00:00 PM
- Newmont Appoints Mining Industry Veteran Francois Hardy as Chief Technology Officer • Business Wire • 04/19/2024 12:56:00 PM
- ニューモント、2023年度サステナビリティ報告書と2023年度税務・ロイヤリティ報告書を発表 • Business Wire • 04/18/2024 09:16:00 PM
- Newmont veröffentlicht Nachhaltigkeitsbericht und Steuer- und Royalties-Bericht für 2023 • Business Wire • 04/18/2024 08:09:00 PM
- Newmont publica Relatório de Sustentabilidade de 2023 e Relatório de Contribuições Fiscais e Royalties de 2023 • Business Wire • 04/18/2024 07:06:00 PM
- Newmont publie son rapport 2023 sur le développement durable et son rapport 2023 sur les impôts et les redevances • Business Wire • 04/18/2024 05:53:00 PM
- Newmont publica el Informe de Sostenibilidad 2023 y el Informe de Impuestos y Cánones 2023 • Business Wire • 04/18/2024 05:53:00 PM
- Newmont Publishes 2023 Sustainability Report and 2023 Tax & Royalties Report • Business Wire • 04/18/2024 12:00:00 PM
- Newmont Announces First Quarter 2024 Earnings Conference Call • Business Wire • 04/12/2024 01:00:00 AM
- Newmont schließt Global Community Support Fund im Wert von 20 Mio. USD ab und arbeitet mit Gemeinden zusammen, um deren Widerstandsfähigkeit nach der Pandemie zu erhöhen • Business Wire • 04/05/2024 08:23:00 AM
- Newmont clôture un fonds de soutien communautaire mondial de 20 millions de dollars en partenariat avec les communautés en vue du renforcement de la résilience postpandémique • Business Wire • 04/05/2024 08:08:00 AM
- ニューモント、パンデミック後のレジリエンス向上のためコミュニティーと提携し2000万ドルのグローバル・コミュニティー支援基金を完了 • Business Wire • 04/05/2024 07:52:00 AM
- Newmont Completes $20 Million Global Community Support Fund, Partnering with Communities for Greater Resilience Post-Pandemic • Business Wire • 04/04/2024 11:06:00 PM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 03/11/2024 08:44:01 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 03/11/2024 08:37:56 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 03/11/2024 08:31:59 PM
- Newmont Announces Pricing of Notes to Repay Outstanding Borrowings Under Revolving Credit Facility • Business Wire • 03/04/2024 10:29:00 PM
- Newmont Announces Offering of Notes to Repay Outstanding Borrowings Under Revolving Credit Facility • Business Wire • 03/04/2024 01:41:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 10:37:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 10:35:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 10:32:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 10:31:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 10:31:28 PM
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