D-in-the-R, In the link it gives a good
profile of the company by the CEO then it focuses on the Skull Mine and all operations there. It's very impressive in terms of the equipment, technology and tonnage of ore they have found to date. The processes of on site lab testing, sifting, refining, then final processing of mineral rich ore are all shown and explained. At the time of the video, they found 500,000 tons of mineral rich ore, which can then be refined and processed depending on what is desired or needed from the ore. They mention gold and uranium as the 2 main minerals rich within the ore.
Again the technology and manpower are on-site, making this a cost effective process. I am curious if further tonnage is being mined beyond what is in current their inventory. I'm guessing, but seeing the process and the promise I would say yes.
BTW, I tried the link again from my post and it worked. If it still doesn't work for you I'd say go to their homepage then click in the 'Videos' heading.
With an float I've seen range in the modest range of 300 million and a value of 26% of their current inventory at 500 million, this play will only get better over time. I'll use my SIRI example again. The have a 1.2 BILLION O/S and have LOST over 500 million dollars over the last 4 quarters, which is nothing new for them. They grossed ~45 million over the last 4 quarters. NMCX will be pulling an average of 40 to 50 million dollars per year over the next 12 years just from this one deal. Hell their A/S is almost equal to SIRI's O/S (1.5B A/S to SIRI's 1.2B O/S). SIRI traded today around 8 bucks. NMCX is a strong buy.
CMKX = show me stock. I'm ready and done talking. I still hold 8 digits of shares in this mother-in-law.
Have a good night Diamond. : )
Bo
