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GMV Minerals Inc V.GMV

Alternate Symbol(s):  GMVMF

GMV Minerals Inc. is an exploration company focused on developing precious metal assets in Arizona. The Company, through its 100% owned subsidiary, has a 100% interest in a Mining Property Lease commonly referred to as the Mexican Hat Property, located in Cochise County, Arizona, United States. It is focused on developing the asset and realizing the full mineral potential of the property through near-term gold production. The Mexican Hat Property is a low sulphidation, epithermal gold deposit in Tertiary volcanic rocks. Mexican Hat claims and exploration licenses cover approximately 4,800 acres. The property consists of 40 unpatented lode mining claims. Its Daisy Creek project is in Lander County, Nevada, where the Company controls or owns a total of approximately 165 lode claims covering 3,408 acres. Its wholly owned subsidiary is GMV Minerals (Nevada) LLC (GMV Nevada).


TSXV:GMV - Post by User

Bullboard Posts
Comment by methionineon Apr 04, 2012 12:32am
212 Views
Post# 19756636

RE: RE: rappy. You learn the bussines

RE: RE: rappy. You learn the bussines

For what its worth, I worked at a assay lab for a while when I was a undergrad. 30 days was the given time it would usually take once we received the core sample. We rarely met 30 days.

 

On a related note, perhaps there is no results to report.

 

There are a large number of companies out there on great properties who would make very good use of 5 million cash. It is dissapointing, to say the least, that management chooses to move at snails pace. It is curious to me how this stock was ever trading in the high 70s. I havent been here that long, could someone please explain this to me.

 

That being said, it is to early to tell anything. If you got in in the mid-low 20s patience may pay off if your willing to take a bit of a risk. its funny how active the board was not to long ago, so much optimizism.

Bullboard Posts