nyc30503.. great observation..to put it simply, anything under .06 is prep work IMO..hence the higher volume on the up days and lower volume on the down days..i also believe that NMR is flying way under the radar(ocean level). The market knows about the RSC (4.2billion) so imo there is some serious accumulation at the moment hence the pick up in volume on the up days.. i also believe that NMR is setting itself up for a large rerating once it gets above .06..assuming the markets hold up... NMR has the potential to move rapidly towards .08-.09 cents.
To conclude.. In my humble opinion.. at a market cap of 20 mill and with a rsc of 4.2 billion PLUS... there is NO other company out there that is sooo undervalued... TIME is the only thing standing in its way..a M/C of 90 to 100 mill would bring NRM in line with its peers...
We await with ever so increased interest..
NMR Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
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