GLOBAL MINERALS LTD NEW GMFLF

project reports underway

[coach247]

I spoke with IR today, just back in the country after their meetings in Europe. The presentations to institutional houses went well, and more information is coming in soon that will enable big players to take a serious position in the company. At the current time the company cannot say too much about the Strieborna acquisition because the data on hand is all historical, and not compliant with NI43-101 reporting. This is going to change now that a third party firm has been contracted to prepare an up to date technical report, including a resource estimate. I think once the company has numbers they can talk about, the stock will get more of a lift from new buying out of the more conservative investment houses. CTG management met with the Finance Minister of Slovakia, who is in charge of matters related to mining. The company also met the mayor of the town near the mine. There is support at both levels of government to see the project advance to production. I understand that an update of the technical report is also underway at the current time for the Red Lake area project, to help with the planning of an exploration program. This usually involves detailed study of local geology to select priority targets, so we may be able to look forward to a winter drilling program there. One more possible iron in the fire... cheers! COACH247 Voluntary disclosure: I own a core position of stock that I purchased in the market. CTG is an advertiser on my website.