NMC Inc. (fka NMCX)

[stake]

Got this from RB:

Zoomingstocks.com has analyzed and prepared this data independently and without the expressed permission of NMC, Inc. It is our independent valuation based on publicly available information. It is our belief that based on the sale of 26% of the Skull Valley ore to an undisclosed private company that the ore is recoverable, minable and sellable.)


Recently NMC, Inc., (Pinks: NCMX) posted a third party Assay Report that was signed off in 2003 on their website www.nevadaminingcompany.com. Many rumors and comments have been heard over the Internet surrounding the results for this report as many people who have never seen an assay report are viewing one for the very first time. Zoomingstocks.com has reviewed and analyzed the report and is prepared to offer an opinion. Our intent is to help subscribers understand what it all means.

The very first thing anyone reading the report should do is read it in its entirety at least once before going back to dissect it. This will help you to understand the rationale behind the processes. NMC, Inc. was meticulous in providing guiding parameters to the methods and expectations for the different types of tests that are available.

When you complete the first reading, focus on the actual test results on the pages labeled 1-18. This is where the meat of the report is situated. There are approximately 57 different tests performed on the samples. If one were to add up the amount of money spent just to perform these test one would notice that some were very expensive and produced significant findings while other smaller samples cost far less. Similar results were achieved from the many samples that were tested.

Now how do you decipher the numbers? Well thankfully, we do not have to since NMC, Inc. and Peeples Mining Inc. had hired an independent third party to do that for us. Enter John Heter Mining and Development Company out of Canyon Country California. Along with the Assay Report, NMC, Inc. also posted on their website the valuation reports for the Arizona, California and the Nevada properties including a confirmation letter by Paul Mason from Parnell, Kerr and Foster, the company's independent accountants.

For anyone with any doubts or who is having difficulty reading the information presented by NMC, Inc. you will find the valuation reports much easier to read and process than the assays. The valuation reports read on the Zoomingstocks.com website. (http://www.zoomingstocks.com).

Just what do the John Heter reports state as the value of the properties? Here are the down and dirty facts rolled-up for subscribers to ponder.

Arizona tonnage: 137,939 tons x $11,634.92 = $1,605,000,000
(based on spot prices as of Oct 2002)

California tonnage: $7,459,100,000
Gold: 10,875,000 tons x .28 oz/ton x $282/oz = $ 858,690,000
Platinum: 10,875,000 tons x 1.50 oz/ton x $452/oz = $7,373,300,000
(Based on spot prices as of Feb 2000)

Nevada tonnage: $653,128,234
Gold: 437,000 tons x .28 oz/ton x $282/oz = $ 63,875,000
Platinum: 437,000 tons x 2.0 oz/ton x $471/oz = $ 412,130,000
Palladium: 437,000 tons x 0.5 oz/ton x $707/oz = $ 154,660.000
(Based on spot prices as of Feb 2000) Total: $630,665,000

Quartz Vein: 3200 tons = $13,880,896
Black "Clay Zone: 2100 tons = $8,582,343
Quartz Monozite: 437,500 = $630,665,000
Total: $653,128,234



Wow! So, how much is NMC, Inc's property worth at 2000-2003 spot prices?

$1,605,000,000
$7,459,100,000
$ 653,128,234
$9,717,228,234


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What is this worth at today's spot prices?

Arizona tonnage: 137,939 tons x $13234.85 = $1,825,601,974
(based on spot prices as of March 8, 2005)

California tonnage: $15,764,617,500
Gold: 10,875,000 tons x .28 oz/ton x $441.50/oz = $ 1,344,367,500
Platinum: 10,875,000 tons x 1.50 oz/ton x $884/oz = $14,420,250,000
(Based on spot prices as of March 8, 2005)

Nevada tonnage: $918,203,125
Gold: 437,000 tons x 0.5 oz/ton x $441.50/oz = $96,578,125
Platinum: 437,000 tons x 2.0 oz/ton x $884/oz = $ 773,500,000
Palladium: 437,000 tons x 0.5 oz/ton x $707/oz = $ 48,125,000
Total: $918,203,125
(Based on spot prices as of March 8, 2005)

Quartz Vein: 3200 tons = $13,880,896
Black "Clay Zone: 2100 tons = $8,582,343
Quartz Monozite: 437,500 = $918,203,125
Total: $948,666,364 >

Today's bottom-line:
$1,825,601,974
$15,764,617,500
$948,666,364
$18,530,885,838


There you have it folks. At today's prices, NMC's unaudited value is worth over $18.5BB U.S. This is almost as good as something from "Ripley's Believe it or Not!" The fact remains that the reports exist and have been in contention for some time between the state of Arizona and the company. This is based on publicly available information. It is obvious that Founder and former CEO Maurice Furlong has presented himself a formidable presence in the company in ensuring its success through past litigations and controversies.

*Source for spot prices on Gold, Platinum and Palladium: http://www.kitco.com
*Source for Osmium and Iridium: http://www.taxfreegold.com

Disclaimer: For complete details download, read and validate the information from the John Heter Reports.

Read the Reports



What is Next for NMC, Inc?



NMC, Inc. has published their financial reports from 1999 through the 3rd quarter of 2004. They have published the assay report and valuation reports and disclosed as much if not more information than could possibly be disseminated truthfully to shareholders and the market. So, what is ailing the price per share of this stock? That is the question on all of our minds. Perhaps the market has not taken the time to look at or evaluate the data. It is obvious that the market at times takes advantage of a conflict or dissention surrounding a company to manipulate and take advantage of shareholders and companies. However, we at Zoomingstocks.com believe that this will change. Current CEO Michael Sheppard has been working diligently to complete the 2004 financials and obtain audits for the fiscal years required by the SEC for official filings. During this audit, the valuation reports and the assays will be confirmed and validated for accuracy and authenticity. This action will turn the tide for NMC, Inc.

How far away is that, you ask? We do not know, but we know that company is doing all it can to bring this value and the share price in harmony with each other.

Zoomingstocks.com has analyzed and prepared this data independently and without the expressed permission of NMC, Inc. It is our independent valuation based on publicly available information. It is our belief that based on the sale of 26% of the Skull Valley ore to an undisclosed private company that the ore is recoverable, minable and sellable.