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GMV Minerals Inc V.GMV

Alternate Symbol(s):  GMVMF

GMV Minerals Inc. is a junior gold development company. The Company is focused on developing precious metal assets in Arizona. It focuses on the Mexican Hat project, located in southeast Arizona (100% interest). The Mexican Hat project is located in the southeastern part of the State of Arizona. The Mexican Hat Property hosts an inferred mineral resource of 32,876,000 tons grading 0.616 grams of gold per ton hosting 651,000 ounces of gold. Mexican Hat claims and exploration licenses cover approximately 4,800 acres. The Daisy Creek Lithium Project is located in Lander County in north central Nevada and consists of 82 lode mining claims comprising 1,694.12 acres, which are located near several operating gold mines and access to power, water, and paved highways are nearby. Its subsidiaries include GMV Guyana Resources Inc. and GMV Minerals (Nevada) LLC.


TSXV:GMV - Post by User

Bullboard Posts
Post by STVPon Nov 03, 2011 2:10pm
306 Views
Post# 19206410

Emotional Selling

Emotional Selling

TD, BMO, CIBC are showing as the biggest sellers. Most likely emotional selling/stop loss selling. People need to realize that so far only a fraction of the property has been drilled and not the really good targets that were identified by the Geophysical survey. On the flip side, Anonymous, Raymond James and National Bank have been big buyers. Remember, Alphonso is on the board of GMV and owns a lot of shares. If there's one guy in Guyana that knows the land holdings potential of GMV it's Alphonso. A little more time for the new drill results to come out, the ones identified by the geophysical survey, will really tell the story here.

 

Don't panic.

Bullboard Posts