20:03:39 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



GMV Minerals Inc (3)
Symbol GMV
Shares Issued 32,415,706
Close 2017-04-17 C$ 0.34
Market Cap C$ 11,021,340
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Lundin refreshes GMV Minerals buy

2017-04-17 21:35 ET - In the News

Brien Lundin, in the April, 2017, edition of the Gold Newsletter, refreshes his buy of GMV Minerals Inc., recently 36 cents. He previously said buy in September, 2016, at 56 cents and in March, 2017, at 52 cents. Assuming a $1,000 investment for each of the two buys, the $2,000 position is now worth $1,334. GMV has released the final results of its winter drill program at its Mexican Hat gold project in Arizona. Highlights from the last 15 holes, all of which were stepout holes to the southeast and northeast of known mineralization, include 73.2 metres of 0.6 gram per tonne gold and 24.4 metres of 0.69 g/t gold. The holes helped extend the strike length of the H2 zone by as much as 400 metres. This zone now runs for 1,300 metres along strike and remains open to the northwest, to the southeast and at depth. Mr. Lundin cheers these "highly promising" results and looks forward to additional drilling at Mexican Hat. GMV's stock remains a "solid play" on gold exploration and is a buy at current levels.

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