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Green Mining Innovation Inc T.GMI


Primary Symbol: V.GMI Alternate Symbol(s):  GDMIF

Green Mining Innovation Inc., formerly Goldstar Minerals Inc., is a Canada-based natural resource exploration and development company. The Company is focused on developing deposits that contain gold and technology metals in mining jurisdictions in Canada. It holds four mining properties, which include Fortune Property, Panache North Property, and Upton Property located in the Province of Quebec, and the Prince Property located in the province of Newfoundland. The Fortune Property comprises a 100% interest in a total of 101 claims covering approximately 5,714 ha. The Panache North Property comprises a 100% interest in a total of four claims covering approximately 225 ha. The Prince Property comprises a 100% interest in a total of two licenses covering approximately 125 ha, located in Newfoundland.


TSXV:GMI - Post by User

Comment by ez33on Apr 21, 2008 1:16pm
125 Views
Post# 14992420

RE: Lots of insider activity - somethings up...

RE: Lots of insider activity - somethings up...Don't discount nickel. If they are close enough to the delineation of a viable nickel resource third party interest in investing in a nickel sulphate plant might be on the table. I can't remember the numbers you guys were floating around in that regard but for an investment of $40 million or so was it the underlying value of the nickel assets might be recognized. That kind of money could come from the chinese or a supplier who wants to ensure nickel sulphate supply. If not that then an equity issue intended to raise money to begin the buildout of the nickel sulphate plant might be on the table. The developmental possibilities for this company are extraordinary as the impending mine production and revenues loom on the near horizon...
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