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Green Mining Innovation Inc T.GMI


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

Green Mining Innovation 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 eight claims (101 claims) covering approximately 5,714 ha. The Panache North Property comprises a 100% interest in a total of four claims covering approximately 225ha. The Prince Property comprises a 100% interest in a total of four licenses covering approximately 125 ha, located in Newfoundland. The Upton property consists of a total of eight claims, covering an area of 481 hectares, which is located in the Monteregie region of southern Quebec.


TSXV:GMI - Post by User

Post by ldavidon Mar 10, 2009 11:35pm
659 Views
Post# 15835302

do we tell that

do we tell thatGlobeStar has hedged 22% of its 2009 copper production at US$2.67 per lb. and that The Company projects 2009 copper production of 29 million lbs in concentrate; they are modelling production of 27.9 million lbs.But we have a small downfall of silver hedged at US$11.50/oz and gold US$650/oz. but that payes the bills. I guess some one has found out with the increase in volume and price .Jennings Capital -We continue to recommend purchase of GlobeStar Mining Corporation as a SPECULATIVE BUY with a 12-month target of C$1.70/fd per share, for exposure to a new copper producer with low costs and excellent prospects to grow reserves from its existing resource base.
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