Hello mainman, welcome!
in response to
by
posted on
Mar 02, 2011 09:00PM
Advancing the Independence Silver/Gold Project: Battle Mountain Nevada
General Metals Corporation (GNMT) has been around awhile. Site goes back to '06'. I recollect it was a 'reverse merger'? I used to know, but memory has slipped. What's recent and of "significant importance" to Gold/Silver jr mining investors is the "fact" that General Metals has discovered Gold & Silver in good quantities on their wholly owned Independce mine. I expect General Metals to be announcing EVEN MORE Gold/Silver on top of the 200,000 oz of Gold and 3,999,000 million ounces of Silver to date (these numbers are before their recent positive drill results). This discovery is easily mineble because of how shallow this deposit has proven to be. Furthermore, General Metals believes based on information that there is a "High grade" deposit in the deeper "Skarn" rock of the Independence mine too. Now, compare GNMT with similar jr gold/silver explorers with this type of 43-101 and you'll find that they're trading around .25-1.50 a share. Like I said as a pro, this is "The most undervalued" of over 40 Gold/Silver jr's that I that I own or have bought stock in before. I'll buy more and wait for Newmont (they literally surround General Metals and are mining Gold/Silver) to them BUY GNMT out, but WAY north of current ridiculous price of .05cents. Ask away, happy to share what I know. And impressed with those who are invested in GNMT. We're a very savvy, smart group by understanding values in this industry of precious metal jr miners! I haven't mentioned that at one time I was a V.P. for a Gold jr explorer when Gold was around 600 dollars an ounce. Best of luck to you. mguru