NMCX: Moving and it has to...
$500 million over the next 12 years on only 1/4 of their inventory from the Skull mine alone. It's reasonable to assume the total value of the remaining 75% could in itself be worth anywhere from $1 billion to $2.5 billion.
prospector, you have followed the company closer than I have, so tell me: Is there a possibility additional ore could be excavated and recovered over and above what they just sold and in current inventory? There is no wrong answer in light of the awesome news, I'm just curious.
The market also needs to consider this from the pr:
"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."
It's safe to say that from here NMCX will be able to explore, expand and sell when, and to whom they want.
I'll say it again, 2005 is going to be a great year guys if we work like we have done this past week. They all won't be winners but when we find them, we really find them : )
NMCX is a winner. prospector I may have helped you some last week on the Elvis play, but NMCX is one I might be thanking you for a long time to come.
Bo