Replies to post #4786 on NMC Inc. (fka NMCX)

[albacora]

Diddly, You profess being a CPA, fine. Let's start with a sheet of paper.

In Mining 1st one must have a mineral resource. That would be a potential number for you types to start with. Which has been proven to be less than recoverable at a profit. So your sheet of paper has a ZERO from the get go.

Next, what is the mineral occurrence on this or adjacent claims. Virtually none.

Mineral resources: Claimed by your ilk.
Potential: MAYBE= $1.6 to a Zillion.
Possible : VIRTUALLY NONE= $5 Million
Proven : NONE= ZERO
Should NMCX EVER provide documentation to the contrary, we then enter the world of ORE DEPOSIT.
Which requires the following;
Must be economically & technically feasible to extract.

You choose to use the Heter report or the jerks from Florida, fine, I choose to use the (Local) Act-Lab and Bondar-Clegg assays.

BTW: nmcx can and does say what it wishes, while not being scrutinized by the SEC, so did nmcx LIE! Look in your "401".

[bvan23]

"...the shareholders might be able to garner 5.5 cents per share from such a price.
Of course, the above scenerio is a hypothetical example using very conservative numbers. I am not suggesting that any shareholder will end up with such a payout."

I suggest the payout could easily be larger today, given the current pgm values, as a whole, are closer to those existent when the top of the range was calculated; and very likely to increase substantially in the near future.