http://www.golddealer.com/securedstorage.html turned up after searching for NMC, Inc.'s new subsidary California Precious Metals, LLC. Maybe there is still gold and other precious metals to recover in Silver Valley after production was stopped prematurely at this California gold mine in 1942, which NMC, Inc. holds 100% mineral rights to. Maybe this link has nothing to do with the company but it seems logical and reasonable that there may be valuable minerals at Silver Valley. Perhaps the company will update the market someday on the progress of California Precious Metals. And maybe we'll hear more about the rumored testing of the ore concentrate orebody at Skull Valley...
Now the unrelated hcca ordeal seems about wrapped up, NMC's incurred costs should be reduced or eliminated. The last press release on September 13th indicated they still believe in 200k+ tons of precious metals concentrated ore in the Skull Valley, Arizona mine and have backed it up.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.