Thanks BJ (and eucser) for that-HC at its best.It will be a slow grind , but Im heartened by the parallels between NMS and BLY (who had a good basic servicing business to the mining industry-but had borrowed extravagantly to move from about N0.3 in the business to being the owner of more drilling rigs than anybody else, an ego trip in my view (sound familiar?). They paid off about 90% of their lenders and got back to their knitting and look where they are now-SP up 6.5 times on their low .Sure,BLY are a 120-year-old company and were at or near the top of their c lass in terms of rigs employed while NMS is a bit of a lightweight in its class but if you can get by that difference the similarities are quite striking.Any BLY holders out there ? Cheers
NMS Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held