Re: Who is Gimus Resources??

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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mike1962

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Re: Who is Gimus Resources??

in response to

Who is Gimus Resources??

luker

posted on Sep 16, 2013 09:11AM

It is simply a shell company that trades at a price equal to its working capital. Doesn't seem to have any properties of significance. All this transaction does is spin out LL into a company that FNC will own say 70%. So where does this get us? Really- no where, unless they quickly announce that Gimus obtains financing to fund LL.

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