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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 rappy7on Oct 19, 2011 8:45am
163 Views
Post# 19162204

RE: the selling continues

RE: the selling continuesCant say I agree kriskeri. You mention the July 25 release. But if they blanked the holes, they wouldn't have mentioned on Sept 22 the "good mineralization" encountered in holes 3, 5, and 8. A hole as early as hole #3 is specificially mentioned. In that same Sept 22 release, they specifically say assay results are still pending. Also on Sept 22, they talk about having had delays in drilling, and to possibly expect delays in assay results. All of that tells me nothing is out yet. Finally, the price has been entirely unchanged at 27 cents the last 3 sessions -- a little overstated to say "the selling continues."
Bullboard Posts