GMV Minerals Inc V.GMV

Alternate Symbol(s): GMVMF

Metals & Mining Gold

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

GMV Minerals Inc

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Comment by tbs001on Nov 05, 2013 7:31am

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Post# 21876488

RE:RE:F/S and MD&A on SEDAR

Hi BruCrew. I guess I didn't explain it very well. No, companies can't sell their forward tax loss. My understanding is, if GMV were to be bought out by another in the same field, then these forward tax losses are of value to the new company. I hope this clears it up. GLTA

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