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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 Jan 25, 2012 1:45pm
260 Views
Post# 19447692

RE: New Technique

RE: New Technique

I spoke with the chief geologist at CSI after their AGM a year or two back. He said without drilling it's impossible to detect LEVELS of gold. There is no such method. You can only tell if there is SOME gold there, but not how much. I'd trust his word more than anyone's at GMV (if indeed GMV is claiming such a method exists).

 

Also, wasn't GMV pumping up how great the OLD method was in many of their previous releases? What happenned to that?

 

Finally, I find interesting this rumour (from another poster) that GMV has results in-hand and are "preparing" them for release. Wonder how many days/weeks they'll let the stock trade in that state, with only "well connected" people knowing the results?

 

If the rumour posted on this bullboard is true -- which I actually doubt -- it's an outrage. If I still owned any stock, I'd be calling or e-mailing them now, demanding halt until release.

Bullboard Posts