Focus Money Empfiehlt...GENERAL METALS - 500 Beiträge pro Seite

[Pirat_Micha]

Hallo Wallstreet online Gemeinde,

der Focus Money empfiehlt diese Aktie !! Ich habe mit Empfehlungen des FM immer viel Glück gehabt, vielleicht diesmal ebenfalls ??

Meinungen erwünscht !! !!

Ich würde allerdings die Aktie unbedingt in den USA kaufen, da heute der Kurs in Frankfurt stark gestiegen ist und weit über dem Kurs in den USA notiert. Also schnäpchen machen und in den USA kaufen


General Metals heißer Goldwert


München (aktiencheck.de AG) - Für die Experten von \"FOCUS-MONEY\" stellt die General Metals-Aktie (<-->/ WKN A0MXJM) einen heißen Goldwert dar. Der US-Explorer sei im Besitz der Independence-Goldmine in Nevada (USA). Im oberen Bereich befänden sich 235.000 Unzen Gold und 2,5 Mio. Unzen Silber. In den tieferen Regionen sollten bis zu 5 Mio. Unzen Gold schlummern. Die Independence-Goldmine liege in unmittelbarer Nähe zur Phoenix-Mine von Newmont Gold. Dort seien 8,5 Mio. Unzen Gold und 660 Mio. Pfund Kupfer entdeckt worden. Die Gesellschaft dürfte ab 2008 eine Jahresproduktion von 45.000 Unzen erreichen. Zusätzlich verfüge das Unternehmen über Projekte in Mexiko und Ghana. Auf Grund der Projektlage sei die Gesellschaft nach Meinung der Experten ein Übernahmekandidat. Die Experten von \"FOCUS-MONEY\" empfehlen, die Aktie von General Metals bis 0,22 Euro zu kaufen. Eingegangene Positionen sollten bei 0,12 Euro abgesichert werden. (Ausgabe 33) (09.08.2007/ac/a/a)

[Pirat_Micha]

fast alle informationen auf Deutsch

http://www.generalmetalscorporation.com/i/pdf/GNLM_TRANSLATI…

[Knefi]

Antwort auf Beitrag Nr.: 31.101.604 von Pirat_Micha am 09.08.07 19:47:41

Na Super!

Hätt ich n Focus-money Abo, wär ich jetzt reich...

Vorrausgesetzt ich hätte dieses Ding gekauft!

[Pirat_Micha]

wenn du sie in den USA kaufst, dann bekommst Du sie für umgerechnet 0,15 €

[Pirat_Micha]

Hallo Leute !!

Jemand dabei der sonst noch diesen Wert interessant findet ??

Pirat

[Pirat_Micha]

September 19, 2007
General Metals Update: Phase 1 Exploration Drilling Commences With Mobilization of Drilling Equipment and Crew to Independence Mine

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RENO, NV--(MARKET WIRE)--Sep 19, 2007 -- General Metals Corporation (OTC BB:GNMT.OB - News) (Frankfurt:GMQ.F - News) (the "Company") is pleased to announce that Drift Exploration and Drilling, the Company's drilling contractor, has made a rig and crew available for our Phase 1 drilling program and will mobilize to the Independence Mine over the upcoming weekend.

Sam Nunnamaker, P. Geo in charge of Phase 1 exploration drilling, said: "We are fortunate to have obtained this rig and crew, who are among the best that I have worked with. We are now able to get started on our Phase 1 program on The Independence Mine which is designed to develop a reportable resource/reserve under SEC Industry Guide 7. During the past few weeks we acquired additional claims and we have used this time to add additional drill targets to our program which could add additional mineralized material to our proposed future mining and processing operations."

Company President and CEO Steve Parent said, "Sam has been involved in drilling operations involving more than $12,000,000 over the past few years and we are fortunate to have his experience guiding our exploration efforts. With all required drilling permits and reclamation bonds in place for Phase 1, drilling will now get underway. Drilling results should enable our ability to generate a detailed mine model to better guide our proposed cyanide heap leach operation which will be designed to mine, crush and process some 5-6 million tons which could contain 235,000 ounces of gold and 2.5 million ounces of silver. With gold at new record high prices, our potential economics are enhanced which could result in more ounces to recover than currently estimated."

Dan Forbush, Company CFO, says: "With proven and probable resource/reserve guidance, the industry will be able to accurately forecast how long our proposed heap leach operation will produce cash flow. These factors together become strong foundation blocks upon which to build a mining company. We built Glamis on 25,000 ounces annual production to a much larger mining company and it is our objective to do the same here at General."

Drilling results will be published as available over the next several weeks and these results will be used to generate a comprehensive report under SEC Industry Guide 7 over the next few months at the conclusion of Phase 1.

About General Metals Corporation, Inc.: General Metals is a gold and silver mining Company that operates the Independence Mine in Battle Mountain, NV and has recently acquired 150 sq. km. with a full prospecting license for gold, diamonds and base metals in Ghana, West Africa. Historical and recent geologist and engineering reports discuss an estimated 235,000 ounces of gold and 2.5 million ounces of silver in the Independence shallow target and from 818,000-2 million ounces of gold in the Independence deep target. Phase 1 shallow drilling is scheduled to commence in a few weeks. We recently executed a Confidentiality agreement with Newmont Mining to consider possible future operations.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, any future price of the Company's shares, that an estimated 235,000 ounces of gold and 2,500,000 ounces of silver are contained in the mineralized material in the shallow operation, that the deep target in the southern area of the property could contain mineralized material with 1.4 million ounces of gold at an average grade of 0.17 ounces gold per ton, or 818,000 ounces of gold at a grade of 0.27 ounces gold per ton. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for fiscal year 2007, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.



Contact:
Contact:

Steve Parent
President & CEO
[e-mail]
775.686.6078 office
775.721.6428 cell

[borsalino1965]

Antwort auf Beitrag Nr.: 31.668.495 von Pirat_Micha am 19.09.07 22:47:57

Ok!
Bin auch mal dabei...

Könnte was werden...

Gruß

borsa

[nimbex]

hi, hab mir auch mal ne kleine posi gegönnt
viel glück und gruß nimbex

[Pirat_Micha]

Herzlichen willkommen, heute frisch per eMail erhalten

___________________________________________________________________
Quarterly Report



Item 2. Management's Discussion and Analysis or Plan of Operation.
The following discussion and analysis of our financial condition and results of operations should be read in conjunction with the financial statements and accompanying notes and the other financial information appearing elsewhere in this report. The statements contained in this section include projections of future results and "forward-looking statements" as that term is defined in the Exchange Act. All statements that are included in this report, other than statements of historical fact, are forward-looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the expectations are disclosed in this report, including, without limitation, general business conditions.

OVERVIEW

We were organized in the State of New Jersey on March 4, 1995, under the name Interactive Multimedia Network, Inc. We were reincorporated in the State of Delaware on September 13, 1995. We changed our name to RECOV Energy Corp. effective March 29, 2005. On or about January 12, 2006, we changed our name to General Metals Corporation.

On January 20, 2006, we entered into a Share Purchase Agreement with General Gold Corporation, a Nevada company incorporated on July 17, 1988, and the former shareholders of General Gold set out in the Agreement. The closing of the transactions contemplated in the Agreement and the acquisition by our company of all of the issued and outstanding and convertible securities of General Gold occurred on March 15, 2006. For financial statement purposes, General Gold, the acquired entity, is regarded as the predecessor entity as of March 15, 2006.

Our Current Business

We are a junior mineral resource exploration company engaged in the business of mineral exploration.

On November 14, 2004, as amended December 31, 2004, we entered into a letter of intent with Independence Mines, LLC and Gold Range, LLC with respect to the purchase of substantially all of the assets Gold Range, LLC uses to conduct the business of Independence Mines, LLC. We did not proceed with the acquisition in this form, instead electing to directly acquire the lease on the subject property.

On April 29, 2005, we entered into an agreement for an assignment of a lease with Gold Range, LLC. The lease to be assigned was the lease to be entered into between Gold Range, LLC and Independence Gold-Silver Mines Inc., pursuant to which Independence Gold-Silver Mines Inc. would lease to Gold Range, LLC certain unpatented mining claims located in the Battle Mountain District, Lander County, State of Nevada, as more particularly described in the lease, known also as the "Independence Mine".

The purchase price payable by us to Gold Range, LLC in consideration for the assignment of the lease was 5,000,000 of our restricted common shares and a 1% net smelter return royalty payable to Gold Range, LLC in addition to other underlying net smelter return requirements.

On March 15, 2007, we purchased a 100% interest in Mikite Gold Resources, a Ghanaian corporation with exclusive exploration rights to the 150 square kilometer Nyinahin mining concession near Bibiani, Ghana. Consideration paid was 1,000,000 restricted common shares with 1,000,000 share purchase warrants attached, priced at $0.26 for a period of 2 years in satisfaction of full and complete payment.

On August 17, 2007, we entered into the First Amendment to the Mining Lease with Independence Gold-Silver Mines, Inc. and added 4 additional mining claims and 2 additional easements. These claims cover the area where the existing cyanide decantation mill and operating facilities are currently sited and the area where the Pioneer haul road to and from the Sunshine pit crosses the Independence claims; specifically, Independence #1, #2, DC#83 and An Old Glory. Our annual lease payments increase by $5,000.00.



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The Independence Mines Property

We currently control a 100% undivided leasehold interest in the Wilson-Independence Gold - Silver Mine, situated in the Battle Mountain Mining District, Lander County, Nevada. The property consists of 14 whole and fractional mining claims encompassing 240 acres. Due diligence by our company shows that all claims are valid and in good standing through and for the assessment year ending August 31, 2008.

The Wilson-Independence project is wholly owned by General Metals through a mining lease/option agreement with Independence Gold Silver Mines of Seattle, Washington. Under the terms of the agreement General Metals must expend a minimum of $625,000 towards exploration development and commercial production of ores, minerals or materials prior to September 30, 2010 as per the following schedule:

September 30, 2006 $50,000
September 30, 2007 $75,000
September 30, 2008 $125,000
September 30, 2009 $175,000
September 30, 2010 $200,000

Any expenditure in excess of the minimum expenditure may be applied to subsequent years. The term of the lease is for a period of 20 years commencing October 1, 2005. There is a production royalty payable for the sale of all gold, silver or platinum based upon the average daily price of gold on the London Metal Exchange of 3% when the price of gold per ounce is less than $375, 4% when the price of gold per ounce is between $375 and $475 and 5% when the price of gold is over $475. There is also a production royalty of 3% payable on the sale of all substances other than gold, silver and platinum.

We have the option to purchase the property for $3.0 million within 10 years of the date the lease commenced provided all obligations have been met. To date, we have expended approximately $300,000 on exploration.

Location and Access

All infrastructure necessary for the exploration, development and operation of a mine is readily available. The property is accessed via federal, state and county maintained all weather paved and gravel roads from the nearby town of Battle Mountain. A well-trained work force is available in the town of Battle Mountain, situated 30 miles north of the property along Interstate highway 80. Adequate ground water is available for diversion for future mining operations which enjoy special treatment as temporary or interim uses under Nevada water laws. Electrical power has recently been extended to within one mile of the project to service the Phoenix project, and the trans-continental natural gas line passes within 1.5 miles of the property.

The property has been the sight of intermittent historic exploration and mining activities since the late 1920s. Past mining operations extracted 65,000 tons of high grade gold and silver ores from the property. The bulk of this activity occurred during two periods, the first from high grade ores shipped for direct smelting during the late 1940s and early 1950s, and a second from 1975 to 1983 when a significant amount of underground development took place, and a mill erected on the property. Production grades have historically been high, with individual samples from stopes reported to contain up to 19,000 ounces of silver, and 64 ounces of gold. During its peak period of production in 1976 the mine shipped up to 1 ton of gold and silver bullion per month.

The Independence Mines property consists of 14 whole and fractional unpatented lode mining claims, which cover approximately 240 acres.



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Core and reverse circulation drilling to date indicate two targets. These two targets are referred to as the Independence Deep (A Target), and the Independence Surface (B Target). Historic mining operations have generated in excess of 70,000 tons of waste dumps, mill tailings, and other waste rock products on the property. Samples of this material contain gold and silver values which suggest potential to recover gold and silver values.

The Wilson-Independence Property covers a mineralized zone on strike with the World Class, Fortitude / Phoenix Gold Skarn Deposit. The property has potential to develop a high grade underground resource in the Antler Sequence, together with a smaller surface / near surface resource in the overlying Pumpernickel Formation. Situated at the intersection of the Battle Mountain-Eureka Gold Trend and the Northern Nevada Rift (Twin Creeks-McCoy lineament), the Independence Project, like Fortitude and Cove Mcoy, is one of a number of Gold Skarns which occur along the Battle Mountain - Eureka and Northern Nevada Rift Zone mineral lineaments.

Mineralized outcrops are common on the property. Many have been prospected by shallow prospect shafts, pits and trenches. In addition, over 100 Reverse Circulation and Core holes, and extensive shallow underground mine workings in the Independence Mine indicate wide spread, near surface mineralization which we feel represents a valid exploration target for potential future surface, bulk mining operations.

Historic drilling and underground mine workings indicate wide spread mineralization, both in surface - near surface, and deep targets. There are presently no identified reserves or resources on the property. We intend to conduct phased exploration programs to evaluate the mineral potential of this property, with the objective of identifying and developing mineral resources and reserves reportable under SEC Industry Guide 7.

Independence Deep Target

A large body of mineralized material is clearly indicated by previous drilling in the Deep Target. It is likely that proper logging and subsequent geologic modeling has potential to result in the identification of an economic resource. All core, approximately 25,000 feet, is stored on site, and re-logging was completed during the summer of 2006. As part of our Phase I exploration program, we have spent approximately $300,000, including limited additional drilling and sampling.

Mineralization identified in the deep target to date is contained in the lower plate of the Golconda Thrust in rocks of the Battle Mountain and Edna Formations of the Antler Sequence.

Independence Surface Target

The Surface Target consists of both historic mill tailings and oxidized mineralization in the near surface. The tailings consists of roughly 70,000 tons with an additional 60,000 tons of oversize already mined stockpiled material.

Promising surface and near surface mineralization has been identified. The Surface Target contains an oxide target. This target is hosted entirely in the Pumpernickel Formation. To date over 100 drill holes and roughly eight (8) miles of underground workings have penetrated portions of this target, all of which have encountered highly anomalous to high grade mineralization. The principle limiting factor for surface resources is the lack of drilling information. We anticipate that it is highly likely that additional drilling will develop resources sufficient to increase the near surface resource substantially.

Mill & Building On Site

A relatively intact 50 to 75 ton per day Counter Current - Decantation cyanide mill is situated on the property. The present condition of the jaw crusher, cone crusher and ball mill are being evaluated and could possibly be returned to serviceable condition. A complete set of new rubber liners for the ball mill are on site. The mill is housed in a metal clad building erected in 1987.



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Surrounding Land and Mineral Ownership

The Wilson-Independence claims are completely surrounded by Newmont Mining's holdings and are an island with legal access. Newmont's Phoenix Project is adjacent to the Independence claims and is in operation as the largest operating gold mine in the US. Newmont enjoys 8.5 million ounces of gold and 660 million ounces of silver in reserves with substantial additional mineralized material under exploration.

Plan of Operations

Situated in the Battle Mountain - Cortez gold belt, the Wilson-Independence gold project represents an opportunity for a gold-sliver operation with potential for near surface open pit and deeper high grade underground production. Gold is indicated in three discrete drilled zones with sufficient values and spacing to warrant additional exploration drilling. Based on drill intercepts and drill hole spacing, we believe there is potential to develop a near surface mineralized deposit with between 3Mt and 5 Mt of material with a grade of 0.03 to 0.05 opt and a deeper deposit containing 5 to 6 Mt of material with grades between 0.27 and 0.35 opt.

We believe that with compilation of the historic data and small amount of additional field work, a mineralization model can be developed that will enhance target vectors and enable rapid confirmation of gold mineralization. Following data evaluation, we plan a series of staged drill campaigns designed to:

1) Rapidly evaluate and delineate the near surface deposits with the intent to bring them to a proven and probable reserve/resource, reportable under Industry Guide 7 and to aid in the development of an early production stage.

2) Identify structures interpreted as mineralized fluid conduits from lower the mineralized zone.

3) Evaluate and delineate the deep high grade gold potential.

We will begin concurrent environmental baseline studies to facilitate a rapid production track pending a successful conclusion of the drill programs.

Management's plan for 2007 -2008, Drill Targets: Previous exploration campaigns by Tech Exploration, Noranda Exploration, Northern Dynasty Minerals and Great Basin resulted in an estimated 1.5 million ounces of gold being identified in three separate drill targets with over 80 holes being reported, all containing gold.

Surface/Shallow Target: 3 million tons @ .02 opt gold (60,000 oz)

A shallow bench of low grade mineralized material that goes from surface to around 50' deep has been identified. There is no overburden and mining is inexpensive. Our drilling will be infill to identify a mineable resource to add to the proposed heap leach.

Independence Mine Target: 3- 5 million tons @ .05 opt gold ( 250,000 oz)

The surface and near surface mineralization contains drill intercepts to 40' @ 0.148 opt gold and several holes have been ended in mineralized material containing in excess of 0.10 opt gold. The surface target contains an oxide target potential in the range of 250,000-300,000 ounces of gold (See Carrington Report). We plan to drill the Independence Mine area from above to establish the feasibility of an open pit mining approach for the remaining mineralized material. There are over 8 miles of underground workings currently developed.

Independence Deep Target: 1.4 - 2 million ounces of gold @ 3,000 feet deep

This target has immediate potential to develop 1.4 to 2 million ounces of contained gold, according to the 1997 Carrington Report, Northern Dynasty Minerals reported an estimated resource of 818,000 ounces of contained gold, with an average grade of 0.27 opt gold and Noranda Exploration, in an interoffice memo estimated 2 million ounces. Approximately 25,000 feet of drill core is on site and has been recently relogged.



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Recent and Future Planned Exploration:

General Metals has completed a small characterization drilling program on the tailings. A total of 36 reverse circulation holes were drilled on a nominal 50 spacing, indicating approximately 61,000 tons of material with an average grade of 0.026 opt gold and 0.52 opt silver remain in the tailings. Based on 30 samples collected from the old mill stockpile, potential exists for an estimated 31,600 tons of material grading 0.046 opt Au and 3.39 opt Ag remaining on the property.

Evaluation of all available structural, geologic and drill data is underway and required to generate an accurate geologic model for mineralization in the three target areas. Work is progressing as follows:

1. Surface and underground geology be re-mapped in detail, the new data combined with the existing data to form a geologic model for targeting mineralization in the three areas.

2. Review and sample select portions of the Noranda core in the upper parts of the drill holes within the Independence target.

3. Based on the results of the above, a two phase drill program to test the drill target model in the Independence and Wilson Deep targets.

a) Phase 1: A drill program of 30 to 50 RC drill holes of 500' or less to establish continuity of the near surface Independence mineralization and 2 RC drill holes 1000' deep to test vertical location and continuity of mineralized structures. Target date: October 2007

b) Phase 2: Twenty additional RC drill holes of 500' or less in the Independence target and five 3,000 ft. RC pre-collar/core finish drill holes in the Wilson Deep to confirm continuity of the gold mineralization and facilitate resource estimate for both deposits.

Target date: December 2007
4. A shallow 5-10 hole RC drill program be conducted in the North target to test potential for continuity and higher grade gold values. Target date: November, 2007]


Phase 1 Program and Budget (Shallow Target)

General Metals' program is up to $2.0 million in order to carry out phase-one of
a three-phased drilling program on the Wilson-Independence project, proposed
initial drilling of the deep target as well as for working capital purposes. The
program is as follows:



Data review $2,750
Surface/subsurface surveying 5,500
Underground mapping and sampling 16,500
Surface mapping and sampling 11,000
Core sampling 11,000
Permitting 15,000
Site Construction 65,000
Drilling (RC) 212,500
Sample preparation and analysis 60,000
Supervision 59,000






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- 25 -

Supplies 12,000
Field expenses 42,000
Section and map preparation 24,250
Geologic interpretation & modeling 22,000
Report 11,000
Independence Deep modeling & resource study 100,000
Pre-construction baseline studies, preliminary permitting 75,000
Reclamation 48,750
Miscellaneous/Contingency 556,000
Subtotal Wilson-Independence project phase 1 1,349,250
Proposed initial deep drilling (2 holes) 350,000
Working capital 300,750
Total $2,000,000




Cash Requirements

For the next 12 months we plan to continue to explore for base and precious metals on our Independence Mines property in Nevada pursuant to the budgets indicated above. We also plan to advance operational permitting for a 5-6 million ton cyanide heap leach operation to enable early processing of the shallow and near surface mineralized material which contains both gold and silver. The target estimated recoverable material is 235,000 ounces of gold and 2,500,000 ounces of silver from the shallow targets.

We will require additional funds to implement our exploration and development programs. These funds may be raised through equity financing, debt financing, or other sources, which may result in further dilution in the equity ownership of our shares. There is still no assurance that we will be able to maintain operations at a level sufficient for an investor to obtain a return on his investment in our common stock. Further, we may continue to be unprofitable. We need to raise additional funds in the immediate future in order to proceed with our exploration program.

Liquidity and Capital Resources

As at July 31, 2007, we had $45,955 in current liabilities, and our working capital was $303,838. Our financial statements report a net loss of $337,967 for the three month period ended July 31, 2007 compared to a net loss of $174,384 for the three month period ended July 31, 2006. Our accumulated loss increased to $1,679,767 from inception to July 31, 2007. Our losses increased in part as a result of increase in expenses in all categories for the three month period ended July 31, 2007. We realized an overall increase in all expense categories during the three month period ended July 31, 2007 as we were actively involved in the investigation and acquisition of resource properties, as compared to the three month period ended July 31, 2006.

During the three month period ended July 31, 2007, we received aggregate proceeds of $289,323 in connection with the exercise of share purchase warrants.



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During the three month period ended July 31, 2007, we raised aggregate proceeds of $82,700 in connection with the closing of two private placements for which we issued 536,000 shares and 374,000 share purchase warrants. The warrants issued are exercisable at prices ranging from $0.125 to $0.25 per share.

We have suffered recurring losses from operations. The continuation of our company is dependent upon our company attaining and maintaining profitable operations and raising additional capital. In this regard we have raised additional capital through the equity offerings noted above. We need to raise additional funds in the immediate future in order to proceed with our exploration program.

The continuation of our business is dependent upon obtaining further financing, a successful program of acquisition and exploration, and, finally, achieving a profitable level of operations. The issuance of additional equity securities by us could result in a significant dilution in the equity interests of our current stockholders. Obtaining commercial loans, assuming those loans would be available, will increase our liabilities and future cash commitments.

There are no assurances that we will be able to obtain further funds required for our continued operations. As noted herein, we are pursuing various financing alternatives to meet our immediate and long-term financial requirements. There can be no assurance that additional financing will be available to us when needed or, if available, that it can be obtained on commercially reasonable terms. If we are not able to obtain the additional financing on a timely basis, we will be unable to conduct our operations as planned, and we will not be able to meet our other obligations as they become due. In such event, we will be forced to scale down or perhaps even cease our operations.

Product Research and Development

Our business plan is focused on a strategy for maximizing the long-term exploration and development of our Independence Mines property in Nevada and more recently our proposed acquisition in Ghana. To date, execution of our business plan has largely focused on acquiring prospective leases. We intend to establish a going forward exploration and development plan.

Purchase of Significant Equipment

We do not intend to purchase any significant equipment (excluding exploration activities) over the twelve months ending July 31, 2008. To the extent that equipment is required for our exploration program it will be provided by third party contractors or leased.

Employees

Currently we have three employees that assist our directors, officers and advisory board members. We do not expect any material changes in the number of employees over the next 12 month period. We do and will continue to outsource contract employment or independent contractors as needed. However, if we are successful in our initial and any subsequent drilling programs we may retain additional employees or independent contractors.

RISK FACTORS

Much of the information included in this quarterly report includes or is based upon estimates, projections or other "forward looking statements". Such forward looking statements include any projections or estimates made by us and our management in connection with our business operations. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein.

Such estimates, projections or other "forward looking statements" involve various risks and uncertainties as outline below. We caution the reader that important factors in some cases have affected and, in the future, could materially affect actual results and cause actual results to differ materially from the results expressed in any such estimates, projections or other "forward looking statements".



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Risks Related To Our Business:

Going Concern.

We do not expect positive cash flow from operations in the near term. There is no assurance that actual cash requirements will not exceed our estimates. In particular, additional capital may be required in the event that:

- drilling, exploration and completion costs for our Independence mine project increase beyond our expectations; or

- we encounter greater costs associated with general and administrative expenses or offering costs.

The occurrence of any of the aforementioned events could adversely affect our ability to meet our business plans.

We will depend almost exclusively on outside capital to pay for the continued exploration and development of our properties. Such outside capital may include the sale of additional stock and/or commercial borrowing. We can provide no assurances that any financing will be successfully completed.

Capital may not continue to be available if necessary to meet these continuing development costs or, if the capital is available, that it will be on terms acceptable to us. The issuance of additional equity securities by us would result in a significant dilution in the equity interests of our current stockholders. Obtaining commercial loans, assuming those loans would be available, will increase our liabilities and future cash commitments.

If we are unable to obtain financing in the amounts and on terms deemed acceptable to us, we may be unable to continue our business and as a result may be required to scale back or cease operations for our business, the result of which would be that our stockholders would lose some or all of their investment.

We have a limited operating history and if we are not successful in continuing to grow our business, then we may have to scale back or even cease our ongoing business operations.

We have no history of revenues from operations and have no significant tangible assets. We have yet to generate positive earnings and there can be no assurance that we will ever operate profitably. Our company has a limited operating history and must be considered in the development stage. The success of our company is significantly dependent on a successful acquisition, drilling, completion and production program. Our company's operations will be subject to all the risks inherent in the establishment of a developing enterprise and the uncertainties arising from the absence of a significant operating history. We . . .
Copyright © 2007 GENERAL METALS CORPORATION (GMC) All rights reserved. For more information visit our website at http://www.generalmetalscorporation.com/ or send email to [e-mail] .
Message sent on Fri Sep 21, 2007 at 8:11:52 AM Pacific Time

[borsalino1965]

Antwort auf Beitrag Nr.: 31.691.720 von Pirat_Micha am 21.09.07 18:56:02

hat mal jemand einen US-Realtime Chart?

[nimbex]

naja der umsatz könnte etwas mehr sein
aber was nicht ist kann ja noch werden,
wenn ich das richtig verstanden habe soll es also im 4.qartal los gehen mit der produktion ,stimmt das ? wäre ja im oktober

gruß

[borsalino1965]

Antwort auf Beitrag Nr.: 31.718.410 von nimbex am 24.09.07 10:54:08

richtig!
Und wir sind jetzt schon dabei!
Das ist ein ganz heisses Ding hier
Solche Chancen sind zur Zeit selten.

Gruß

borsa

[borsalino1965]

Bid / Ask (Size)
0.195 (50) / 0.21 (50)

[nimbex]

und keiner hat einen rielteimschart ?

[borsalino1965]

Antwort auf Beitrag Nr.: 31.722.362 von nimbex am 24.09.07 15:01:27

Test

http://de.advfn.com/p.php?pid=qkquote&cb=1190648690&symbol=g…

[Pirat_Micha]

[borsalino1965]

Antwort auf Beitrag Nr.: 31.726.243 von Pirat_Micha am 24.09.07 18:10:31

schau meinen Link an.
Wenn meine Uhr richtig geht, ist unten rechts realtime

[wuschi33]

Antwort auf Beitrag Nr.: 31.726.502 von borsalino1965 am 24.09.07 18:23:33

http://de.advfn.com/p.php?pid=staticchart&s=NB%5EGNMT&p=0&t=…

bitte schön und stay long mindestens noch 2 jahre

[Pirat_Micha]

... ja so 18 bis 24 Monate sollte man warten, aber dann hat man ordentliche Gewinne

[nimbex]

realtime geht gut,vielen dank.
na denn warten wir mal ab 1-2 jahre

[borsalino1965]

Antwort auf Beitrag Nr.: 31.726.684 von Pirat_Micha am 24.09.07 18:33:46

Unsinn

Ende des Jahres stehen wir mindestens bei 0,50 Euro!

Gruß

borsa

[borsalino1965]

Antwort auf Beitrag Nr.: 31.734.453 von borsalino1965 am 25.09.07 11:26:44

wuschi, ich darf mal,ja?

[wuschi33]

Antwort auf Beitrag Nr.: 31.737.855 von borsalino1965 am 25.09.07 15:53:12

Hier ist es ja noch sehr ruhig was auch nicht schlimm ist

weiß denn einer wann die mal endlich news bringen damit wir was zu feiern haben

danke

[borsalino1965]

Antwort auf Beitrag Nr.: 31.752.080 von wuschi33 am 26.09.07 17:35:44

SOURCE: General Metals Corporation

Sep 27, 2007 09:47 ET
General Metals Begins Phase 1 Exploration Drilling at the Independence Mine in Battle Mountain, Nevada
Highlighted Links


General Metals Corporation


The MacReport.Net
RENO, NV--(Marketwire - September 27, 2007) - General Metals Corporation (OTCBB: GNMT) (Frankfurt: GMQ) (the "Company") is pleased to announce that Drift Exploration and Drilling began Phase 1 drilling on the Company's Independence mine in Battle Mountain, Nevada. This overall drilling program will take place in stages, beginning with the first 25 holes at an average depth of about 400 feet (10,000 feet).

Sam Nunnamaker, P. Geo in charge of Phase 1 exploration drilling, said: "This drilling program is specifically designed to add information on continuity of mineralization that has already been identified from previous drilling efforts. The 80 plus existing shallow holes gave us an estimated 235,000 ounces of gold and 2,500,000 ounces of silver according to the reports, but they are not 43-101 or Industry guide 7 compliant. Our objective with the next 100 or so holes is to end up with a working mine model that is Guide 7 compliant giving us proven and probable reserves/resources."

Company president and CEO, Steve Parent, said, "Our focus is on development of the open pit mining and processing facility at the Independence mine and to establish a near term cash flow. We are also evaluating near term production acquisitions in Mexico and looking at additional opportunities in Ghana, West Africa, where the Company controls a full prospecting license covering 150 sq. km."

Dan Forbush, Company CFO, says: "With proven and probable resource/reserve guidance, the industry will be able to accurately forecast how long our proposed heap leach operation will produce cash flow. These factors together become strong foundation blocks upon which to build a mining company. We built Glamis on 25,000 ounces annual production to a much larger mining company and it is our objective to do the same here at General."

Drilling results will be published as available over the next several weeks and these results will be used to generate a comprehensive report under SEC Industry Guide 7 over the next few months at the conclusion of Phase 1.

About General Metals Corporation, Inc: General Metals is a gold and silver mining Company that operates the Independence Mine in Battle Mountain, NV and has recently acquired 150 sq. km. with a full prospecting license for gold, diamonds and base metals in Ghana, West Africa. Historical and recent geologist and engineering reports discuss an estimated 235,000 ounces of gold and 2.5 million ounces of silver in the Independence shallow target and from 818,000 - 2 million ounces of gold in the Independence deep target. Phase 1 shallow drilling is scheduled to commence in a few weeks. We recently executed a Confidentiality agreement with Newmont Mining to consider possible future operations.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, any future price of the Company's shares, that an estimated 235,000 ounces of gold and 2,500,000 ounces of silver are contained in the mineralized material in the shallow operation, that the deep target in the southern area of the property could contain mineralized material with 1.4 million ounces of gold at an average grade of 0.17 ounces gold per ton, or 818,000 ounces of gold at a grade of 0.27 ounces gold per ton. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for fiscal year 2007, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:

Steve Parent
President & CEO
[e-mail]
775.686.6078 office
775.721.6428 cell

[borsalino1965]

Antwort auf Beitrag Nr.: 31.775.165 von borsalino1965 am 28.09.07 12:44:04

Freunde, ich verstehe es nicht....
Wer hier zu diesen Spottpreisen nicht dabei ist, verpasst eine Riesen-Chance auf satte Gewinne!
Ich hab es im Urin...
Wie mit meinen beiden einzigen anderen Aktien Gulfside (K.K.0,288 und TCM (K.K. 4,64)

Gruß

borsa

[borsalino1965]

na, wer vo Euch hat gerade in Frankfurt satte 500€ investiert?

Gruß

borsa

[borsalino1965]

falls hier mal jemand vorbeischaut

[wuschelx]

Antwort auf Beitrag Nr.: 31.818.458 von borsalino1965 am 02.10.07 15:49:34

hallo
ziemlich ruhig hier schaue aber jeden Tag mal vorbei habe nur eine kleine Menge gekauft 14K allerdings noch zu 21 cent
hoffe das sich der chart bald mal ändert allerdings habe ich es auch nicht so eilig hoffe nur das das gebiet von denen wirklich so ertragreich ist

bis dann mal wieder

[wuschelx]

Antwort auf Beitrag Nr.: 31.830.864 von wuschelx am 03.10.07 15:06:39

So habe mir noch ein paar wenige gegönnt und halte nun tapfer durch
Times & Sales Frankfurt
Zeit Kurs Umsatz
12:47:04 0,150 4.560


so habe ich dann 21K und hoffe das das Geld nicht futsch ist

wie denken denn andere darüber
danke für ein paar worte so as ich hier nicht alleine schreiben muss

[Pirat_Micha]

Hallo !!

Ich bin ja auch noch da !!
Allerdings habe ich direkt in den USA geordert !!
Ich mache mir keine sorgen um den Kurs, nach den nächsten Ergebnissen wird es sicher ganz anders aussehen !!

Focus Money wird den Wert nicht ohne Grund empfohlen haben

Ahoi
Pirat

[Pirat_Micha]

General Metals Completes First Five Drill Holes at the Independence Mine in Battle Mountain, Nevada With Assay Results to Follow
10/4/2007

RENO, NV, Oct 04, 2007 (MARKET WIRE via COMTEX News Network) --
General Metals Corporation (OTCBB: GNMT) (FRANKFURT: GMQ) (the "Company") is pleased to announce that the first five drill holes at the Independence mine have been completed and samples are at ALS Chemex assay lab in Elko, NV. The Phase 1 drilling program will take place in stages, beginning with the first 25 holes at an average depth of about 400 feet (10,000 feet).

Sam Nunnamaker, P. Geo in charge of Phase 1 exploration drilling, said: "The drilling program is moving along as planned and we are seeing typical mineralization that has already been identified from previous drilling efforts. Turn around time for assays, which is normally one week is now 2-3 weeks due to the busy drilling activity in the Battle Mountain/Elko, NV area. Our objective with these next 100 or so holes is to end up with a working mine model that is Guide 7 compliant giving us proven and probable reserves/resources."

Drilling results will be published as available over the next several weeks and these results will be used to generate a comprehensive report under SEC Industry Guide 7 over the next few months at the conclusion of Phase 1.

About General Metals Corporation, Inc.: General Metals is a gold and silver mining Company that operates the Independence Mine in Battle Mountain, NV and has recently acquired 150 sq. km. with a full prospecting license for gold, diamonds and base metals in Ghana, West Africa. Historical and recent geologist and engineering reports discuss an estimated 235,000 ounces of gold and 2.5 million ounces of silver in the Independence shallow target and from 818,000 - 2 million ounces of gold in the Independence deep target. Phase 1 shallow drilling is now underway. The Company also has several Confidentiality agreements in place in Nevada and Mexico relating to new business.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, estimated ounces of gold or silver may not prove out and the drilling may not result in any proven or probable reserves or resources. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for fiscal year 2007, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact: Steve Parent President & CEO [e-mail] 775.686.6078 office 775.721.6428 cell

SOURCE: General Metals Corporation

mailto:[e-mail]

[borsalino1965]

Antwort auf Beitrag Nr.: 31.847.038 von Pirat_Micha am 04.10.07 20:05:04

O.K.
Jetzt dauert es noch "einige" Wochen, dann werden die Resultate bekanntgegeben.
Es wäre schön, wenn Focus Money vorher noch ein wenig trommeln würde...

Gruß an alle Investierten ( sind ja nicht viele:laugh

borsa

[borsalino1965]

Antwort auf Beitrag Nr.: 31.852.752 von borsalino1965 am 05.10.07 11:37:41

seh ich richtig?

[wuschelx]

Antwort auf Beitrag Nr.: 31.855.608 von borsalino1965 am 05.10.07 14:49:19

hey
ja allerdings nur mit 3500 Stücken

[borsalino1965]

Antwort auf Beitrag Nr.: 31.855.745 von wuschelx am 05.10.07 14:56:07

ja, eigentlich lächerlich, aber sieht trotzdem gut aus

[wuschelx]

Antwort auf Beitrag Nr.: 31.855.944 von borsalino1965 am 05.10.07 15:08:43

stimmt
was weist du denn so näheres was die firma finden könnte und ist es realistisch von 1 euro zu sprechen

habe mich leider nicht zu intensiv mit dieser aktie beschäftigt da ich in GULFSIDE investiert bin

danke

[borsalino1965]

Antwort auf Beitrag Nr.: 31.856.088 von wuschelx am 05.10.07 15:15:24

Hier steht meiner Meinung nach alles, was Du brauchst:

http://www.finanznachrichten.de/nachrichten-2007-06/artikel-…

Gruß

borsa

[wuschelx]

Antwort auf Beitrag Nr.: 31.856.258 von borsalino1965 am 05.10.07 15:22:41

ja danke kenne ich schon hier für dich was

http://www.hotshotstocks.com/profiles-details_GNMT.htm

falls du es noch nicht kennst

was hast du denn noch so für aktien wir können uns ja mal austauschen wäre schön

mit grüßen

[borsalino1965]

Antwort auf Beitrag Nr.: 31.856.325 von wuschelx am 05.10.07 15:26:27

Gulfside (K.K.0,288) und TCM, ehe.Blue Perl Mining (K.K. 4,64)
Commerce Resources K.K. 0,894.
Mehr nicht.
Hab aber nicht immer so ein Glück

Gruß

borsa

[wuschelx]

Antwort auf Beitrag Nr.: 31.856.432 von borsalino1965 am 05.10.07 15:32:21

Gulfside habe ich auch bei 0,22 cent
Poly Pacific bei 0,09
Oriental und longview allerdings zu hoch

aber DHANOA MINERALS ist schopn ganz nett da warte ich aber noch

und interessant ist wohl auch noch KMA Global

na ja schaun wir mal

[borsalino1965]

Antwort auf Beitrag Nr.: 31.856.564 von wuschelx am 05.10.07 15:38:48

Der Gulfside-Thread ist ja wohl das letzte,oder?
Nur gegenseitiges Gemotze und Anmacherei.

[borsalino1965]

Antwort auf Beitrag Nr.: 31.856.325 von wuschelx am 05.10.07 15:26:27

Danke für den Link.

[wuschelx]

Antwort auf Beitrag Nr.: 31.856.701 von borsalino1965 am 05.10.07 15:45:33

stimmt
wenn das aber nur annähernd hinkommt mit sagen wir mal 3 euro reicht mir das aus hatte zwar mal 20 K habe aber nach und nach verkauft leider zu früh aber immer mit 300 Prozent dachte der kurs fällt
wenn sich das aber als Luftschloss herausstellen sollte dann habe ich nur 1000 euro kapputt gemacht

unsere baby hier steht bei 18 cent us

[Pirat_Micha]

hmm... hat eigentlich einer von euch realtime aus den USA ?

[borsalino1965]

Antwort auf Beitrag Nr.: 31.856.943 von Pirat_Micha am 05.10.07 15:56:45

[borsalino1965]

Antwort auf Beitrag Nr.: 31.856.943 von Pirat_Micha am 05.10.07 15:56:45

jetzt sind wir in Dollar niedriger, als in Euro

[borsalino1965]

Antwort auf Beitrag Nr.: 31.857.071 von borsalino1965 am 05.10.07 16:02:25

Kurs ist 35% unter pari....

[Pirat_Micha]

Press Releases - Tuesday, October 09, 2007
Title: General Metals Update: Nine Drill Holes at the Independence Mine in Battle Mountain, Nevada Show Expected Mineralization With Assay Results to Follow
RENO, NV--(MARKET WIRE)--Oct 9, 2007 -- General Metals Corporation (OTC BB:GNMT.OB - News) (Frankfurt:GMQ.F - News) (the "Company") is pleased to announce that the initial nine drill holes competed at the Independence mine show expected mineralization that has previously been identified by historic drilling campaigns. These samples are at ALS Chemex assay lab in Elko, NV. The Phase 1 drilling program will take place in stages, beginning with the first 25 holes at an average depth of about 400 feet (10,000 feet).

Sam Nunnamaker, P. Geo in charge of Phase 1 exploration drilling, said: "The 100 or so previously drilled holes all contained mineralized material based on historical assays and these new holes all contain mineralized material as well. Assay results will ultimately determine the values of gold and silver expected to be contained in this material. Our drillers will take from the 10th to the 16th off and work the next 15 days non-stop. Assay results should start coming in around the 16th and be forthcoming steadily from then forward. We can get better guidance for drilling once our assays catch up to the drilling operation."

Drilling results will be published as available over the next several weeks and these results will be used to generate a comprehensive report under SEC Industry Guide 7 over the next few months at the conclusion of Phase 1.

About General Metals Corporation, Inc: General Metals is a gold and silver mining Company that operates the Independence Mine in Battle Mountain, NV and has recently acquired 150 sq. km. with a full prospecting license for gold, diamonds and base metals in Ghana, West Africa. Historical and recent geologist and engineering reports discuss an estimated 235,000 ounces of gold and 2.5 million ounces of silver in the Independence shallow target and from 818,000-2 million ounces of gold in the Independence deep target. Phase 1 shallow drilling is now underway. The Company also has several Confidentiality agreements in place in Nevada and Mexico relating to new business.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the drilling may not result in any proven or probable reserves or resources. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for fiscal year 2007, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.



Contact:
Contact:
Steve Parent
President & CEO
[e-mail]
775.686.6078 office
775.721.6428 cell

[borsalino1965]

Antwort auf Beitrag Nr.: 31.917.571 von Pirat_Micha am 09.10.07 21:09:30

na ja, zumindest kann man sagen, daß sie jeden Tag gehandelt wird.

[borsalino1965]

Antwort auf Beitrag Nr.: 31.917.571 von Pirat_Micha am 09.10.07 21:09:30

Bald hat das Warten ein Ende!
Die Bohrergebnisse stehen kurz vor der Tür und dann steigt die Party

Gruß

borsalino

[wuschelx]

Antwort auf Beitrag Nr.: 32.120.226 von borsalino1965 am 23.10.07 14:30:00

Hey

von einem termin weiß ich aber nichts kannst du bitte etwas genauere angaben machen

ich hoffe auch das ich mit meinen 21K zu 19 cent nicht auf die nase fliege

wieviele hast du denn

was denkst du macht gulfside

mit grüßen

stefan

[borsalino1965]

Antwort auf Beitrag Nr.: 32.122.844 von wuschelx am 23.10.07 17:21:13

Hi wuschelx,

Drilling results will be published as available over the next several weeks and these results will be used to generate a comprehensive report under SEC Industry Guide 7 over the next few months at the conclusion of Phase 1.


Das war am 9. Oktober.Kannst Du etwas weiter unten lesen.
Hab hier aber nur einen Tausender investiert.

Bei Gulfside hab ich langsam Magengrummeln und bin nicht mehr ganz so bullisch. Ich hoffe nur, daß die Betrugsvorwürfe einiger User an den Haaren herbeigezogen sind
Bin aber schon seit April dabei zu 0,288.
Aber auch nur Spielgeld.
Die meiste Kohle habe ich mittlerweile steuerfrei in TCM

Viele Grüße

borsalino

[wuschelx]

Antwort auf Beitrag Nr.: 32.123.048 von borsalino1965 am 23.10.07 17:33:30

glückwunsch die tmc sieht gut aus

ich bin mal gespannt wie sich alles entwickeln wird manchmal bin ich zu ungeduldig obwohl ich die kohle auch nicht brauche aber 5 euro ist halt viel geld

was gulfside betrifft so habe ich mit stuttgart geredet und der spricht von 8 euro bis märz 08 das wäre echt geil denn dann könnte ich mal wieder ienen hawai urlaub machen mit meiner frau

dir vile glück und las abundzu was hören

gruß stefan

ps asian könnte auch gt werden in 2 jahren

[wuschelx]

Antwort auf Beitrag Nr.: 32.123.317 von wuschelx am 23.10.07 17:49:12

so nochmal 3500 stücke

hoffe nur das dies keine schlechte investition war

somit 24500 Stücke

dir auch viel glück

[Pirat_Micha]

e: Press Releases - Thursday, October 25, 2007
Title: General Metals Update: Assays on First Four Drill Holes at the Independence Mine Confirm Historical Mineralization and Identify New Mineralized Zone



General Metals Corporation (OTCBB: GNMT) (FRANKFURT: GMQ) (the "Company") is pleased to announce that the initial four drill hole assays received from ALS Chemix in Reno, NV from Phase 1 drilling at the Independence mine confirm expected mineralization that has previously been identified by historic drilling campaigns and identified a new mineralized zone previously undiscovered. The Phase 1 drilling program will take place in stages, beginning with the first 25 holes at an average depth of about 400 feet (10,000 feet).

Hole GM1 showed a 45 foot mineralized intercept from 50-95 feet deep which averaged 0.046 ounces per ton (opt) of gold. This included 15 feet of 0.116 opt of gold. Hole GM2 showed 15 feet of mineralized intercept averaging 0.018 opt of gold and the drill bit got stuck in mineralization and had to be removed. The hole was abandoned and GM3 was started about 10 feet away and showed 45 feet of mineralized intercept averaging 0.017 opt of gold. GM5 showed 45 feet of mineralized intercept averaging 0.017 opt of gold which included 15 feet of 0.04 opt of gold. No results for GM4 were reported. These were partial results and silver and other elements known to exist in this mineralization historically will be reported subsequently for these same holes.

Sam Nunnamaker, P. Geo in charge of Phase 1 exploration drilling, said: "These initial holes were drilled as a fence to assist in defining the extent of mineralization. We now know there is consistent mineralization to the south. We are pleased to see 45 foot intercepts in mineralization in the expected zones but even more excited to see an entirely new zone of mineralization which will mandate additional drill holes in the new area."

Steve Parent, CEO and President, said: "We elected to get these partial results as soon as possible to provide guidance for our drilling program which has already completed over 15 holes. Once our assays catch up to the drilling operation, we can add additional holes to our program designed to establish continuity of mineralization. The new zone offers a possible expansion of the previously known limits for shallow mineralization and we will pursue its exploration."

More results for these same holes will be forthcoming as available. Drilling results from additional holes will be published as available over the next several weeks and these results will be used to generate a comprehensive report under SEC Industry Guide 7 over the next few months at the conclusion of Phase 1.

About General Metals Corporation, Inc: General Metals is a gold and silver mining Company that operates the Independence Mine in Battle Mountain, NV and has recently acquired 150 sq. km. with a full prospecting license for gold, diamonds and base metals in Ghana, West Africa. Historical and recent geologist and engineering reports discuss an estimated 235,000 ounces of gold and 2.5 million ounces of silver in the Independence shallow target and from 818,000 -2 million ounces of gold in the Independence deep target. Phase 1 shallow drilling is now underway. The Company also has several Confidentiality agreements in place in Nevada and Mexico relating to new business.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the drilling may not result in any proven or probable reserves or resources. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for fiscal year 2007, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.


Contact:
Steve Parent
President & CEO
[e-mail]
775.686.6078 office
775.721.6428 cell

[wuschelx]

Antwort auf Beitrag Nr.: 32.157.016 von Pirat_Micha am 26.10.07 06:48:43

mein englisch ist natürlich nicht mehr gut

sind das jetzt gute werte oder nur solala oder eventuell sogar schlechte

danke für antworten

[borsalino1965]

Antwort auf Beitrag Nr.: 32.157.919 von wuschelx am 26.10.07 09:21:30

[borsalino1965]

Antwort auf Beitrag Nr.: 32.191.474 von borsalino1965 am 29.10.07 16:54:11

und wir mit unseren 0,11 cent

[Pirat_Micha]

ja...kein plan warum !?!?

[borsalino1965]

Antwort auf Beitrag Nr.: 32.219.277 von Pirat_Micha am 31.10.07 15:32:54

weil sich noch niemand für unser Baby interessiert in D.

[Pirat_Micha]

naja, ...der frühe Vogel frisst.... (oder wie das sprichwort heisst)

[borsalino1965]

Antwort auf Beitrag Nr.: 32.219.362 von Pirat_Micha am 31.10.07 15:37:04

genau

[wuschelx]

Antwort auf Beitrag Nr.: 32.219.437 von borsalino1965 am 31.10.07 15:40:26

Tach gemeinde schön das man hier mal ein kleines lebenszeichen siet

wünsche uns allen schönen erfolg

[borsalino1965]

Antwort auf Beitrag Nr.: 32.219.468 von wuschelx am 31.10.07 15:42:08

Hi,
anscheinend sind wir 3 die einzigen Investierten hier

[wuschelx]

Antwort auf Beitrag Nr.: 32.219.536 von borsalino1965 am 31.10.07 15:45:59

na ja schauen wir

habe jetzt 24500 Stücke zu 0,18 cent ( etwas zu hoch) aber egal wenn es sich in der zukunft rechnet

was sagste zu gulfside

[borsalino1965]

Antwort auf Beitrag Nr.: 32.219.827 von wuschelx am 31.10.07 15:59:12

habe ich heute mit 236% Plus verkauft.
Meine Nerven haben nicht mehr mitgespielt
Jetzt steigt sie natürlich wieder

Trotzdem, ich kann jetzt wieder ruhig schlafen.

[wuschelx]

Antwort auf Beitrag Nr.: 32.219.966 von borsalino1965 am 31.10.07 16:04:51

schade zu früh jetzt geht es erst los

habe aber auch nur noch 3000 stück zu 22 cent

[borsalino1965]

Antwort auf Beitrag Nr.: 32.220.153 von wuschelx am 31.10.07 16:13:47

dann drück ich Dir fest die Daumen!

[wuschelx]

Antwort auf Beitrag Nr.: 32.220.254 von borsalino1965 am 31.10.07 16:17:46

manchmal ist schon komisch

ich war auch total unrelaxed was so die letzten tage passierte und jetzt ab durch die decke naja danke für die wünsche

wie siehst du denn unsere baby hier bis ende des jahres realistisch

danke

[borsalino1965]

Antwort auf Beitrag Nr.: 32.220.327 von wuschelx am 31.10.07 16:21:22

klarer Verdoppler!

[Pirat_Micha]

.. aber ihr müsst Geduld mit bringen !!

[Pirat_Micha]

Re: Press Releases - Thursday, November 01, 2007
Title: General Metals Announces Closing of Unit Private Placement for Proceeds of $500,600 to Continue Phase 1 Drilling at Independence Mine
General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT: GMQ) announced that on October 31, 2007, it completed a private placement to accredited US investors requiring the issuance of 2,503,000 restricted common shares and 2,503,000 share purchase warrants for proceeds of $500,600. Each Warrant shall be non-transferable and shall entitle the holder thereof to purchase one share of common stock in the capital of the Company (each, a "Warrant Share"), as presently constituted, for a period of twelve months commencing from the effective date of a registration statement pertaining to the Warrant Shares, at $0.25 per Warrant Share. The securities offered in the private placement to the investors were not registered under the Securities Act of 1933 as amended (the "Act"), and may not be offered or sold in the United States absent registration, or an applicable exemption from registration, under the Act.

Coupled with the $716,065 raised in the previous private placements announced in April, May 2007, the total proceeds raised were $1,216,665 which is 90% of our Phase 1 drilling and exploration budget of $1,350,000. These proceeds enable the Company to continue the Phase 1 drilling program on the Independence Shallow Target at its Independence Mine in Battle Mountain, Nevada. To date, 18 holes have been completed and drilling is ongoing with final assay results pending for all holes.

The Phase 1 program is designed to identify a resource of mineralized material in the zone that would be the start of the planned shallow mining production slated for next year. The Target for Phase 1 is 235,000 oz. gold and 2,500,000 oz. silver, which is proposed to be mined and loaded onto a cyanide heap leach to be developed by the Company.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that the Company intends to proceed with Phase 1 drilling at its Independence Mine in Nevada later this year, the budget for the Phase 1 drilling program, that an estimated 235,000 ounces of gold and 2,500,000 ounces of silver are contained in the mineralized material in the "Shallow Target," and is proposed to be mined and loaded onto a cyanide heap leach pad.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2007 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time to time with the Securities and Exchange Commission.


Company Contact:
Wayne Meyerson
Investor Relations
775.686.6078 Office
775.686.6066 Fax
775.830.6429 Cell
[e-mail]
www.gnmtlive.com

[borsalino1965]

Antwort auf Beitrag Nr.: 32.236.547 von Pirat_Micha am 01.11.07 17:19:17

Hi Fans,

Finanzierung steht, jetzt gehts aufwärts!

Hier wächst etwas "Großes"!

[REGENSTEIN]

Antwort auf Beitrag Nr.: 32.251.875 von borsalino1965 am 02.11.07 11:33:47

Einen Gruß an die (noch) überschaubare Zahl der Investierten!

Seit August bin ich mit einigen wenigen tausend Stück dabei, werde aber in den nächsten Tagen unbedingt aufstocken. Ansonsten kann ein wenig Geduld tatsächlich nicht schaden. Sie wird mit großer Wahrscheinlichkeit belohnt werden.

Bis dahin ein vortreffliches WE
REGENSTEIN

[borsalino1965]

Antwort auf Beitrag Nr.: 32.253.787 von REGENSTEIN am 02.11.07 13:03:11

Grüße zurück.
Wird sich bestimmt auszahlen.

[wuschelx]

Antwort auf Beitrag Nr.: 32.253.953 von borsalino1965 am 02.11.07 13:11:41

wünsche ich euch auch eine schönes WE

mit grüßen aus bayern

[borsalino1965]

Schönes Wochende, meine Herren!
Damen sind ja leider nicht vorhanden....

[Dean78]

wieviele o/s gibt es bei dieser perle ?

konnte nix finden.

danke

[borsalino1965]

Antwort auf Beitrag Nr.: 32.309.183 von Dean78 am 06.11.07 15:37:53

Keine Ahnung, brauchst du aber nicht.
Der Hebel ist eh groß genug

Gruß

borsa

[Dean78]

wäre aber doch interessant um ein bisserl rechnen zu können, oder ?

habe ich das korrekt verstanden daß man 2008 produzieren will ??

womit ?
ist dahingehend schon etwas im entstehen ?


danke
für gute statements

[borsalino1965]

Nov 06, 2007 08:12 ET
General Metals Management Discusses Historical and Current Exploration Plans for Ongoing Phase I Drilling at Independence Mine


General Metals Corporation


The MacReport.Net
RENO, NV--(Marketwire - November 6, 2007) - General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT: GMQ) Independence Shallow Target Description: Management is pleased to issue the following brief discussion and description of the Independence Shallow Target and the Company's ongoing Phase I exploration drilling program at the Company's Wilson Independence Mine project in the Battle Mountain Mining District, Nevada. In order to assist in a better understanding of the assay results, each hole will be plotted on an appropriate map as results become available so the reader can better see the location of the subject hole(s) and relationship to the other holes. (See Attached Map) The Phase 1 exploration program is progressing steadily and to date we have completed 18 of the initial 25 planned drill holes in Stage 1. Preliminary gold assay results were announced for holes 1,2,3 and 5 in the Company's press release dated October 25, 2007. Final assays and analyses are pending for all drill holes.

Shallow Target Description

The Independence Shallow Target is one of several identified target areas on the Company's Independence Property. This target represents a near surface, oxide target, potentially amenable to low cost, surface bulk mining and heap leaching technology. The target zone encompasses the old Independence mine workings (see attached with new holes plotted) and surrounding ground. Target mineralization extends from the surface to at least 360 feet and is believed to range from 20 to more than 140 feet in true thickness, over a strike length of at least 1,500 feet. Mineralization is hosted in favorable, thick bedded to massive chert horizons of the Pumpernickle Formation where suitable structural preparation has created favorable conditions for mineralization. The target is indicated by several historical drill holes and extensive mine workings.

Historic Exploration

Within this specific target area of the property, from 1964 to 1994, Union Pacific Railroad, Battle Mountain Gold, Noranda, United Mining and Lansdowne Minerals conducted exploratory drilling. Battle Mountain and Lansdowne conducted limited Reverse Circulation drilling, while United Mining conducted air track drilling. Union Pacific Railroad drilled one diamond core hole beneath this target area and Noranda drilled two deep core holes in the vicinity of the target but did not sample or assay the core in the target area. Union Pacific, Silver King Mines and Lansdowne Minerals conducted various underground exploration programs. These consisted primarily of channel sampling, and limited long-hole drilling by Union Pacific and Silver King Mines. The Company has all exploration records for these programs.

As shown on the accompanying map, Lansdowne Minerals reported results of underground sampling in 1994 which indicated mineralized zones exposed in the Independence mine ranging from 55 feet to more than 140 feet at grades from .031 opt Au to 0.127 opt Au. The most significant of the Lansdowne results reported was 143 feet of contiguous channel samples with an average grade of 0.127 opt Au and 2.54 opt Ag. There has been no development or production since the mine was closed in 1987, so all mineralization reported by Lansdowne and others since should remain in place.

Phase 1 Exploration Strategy

The Company is presently conducting a staged, multi-phase, exploration drilling program to drill test the Independence Shallow Target and delineate the extent of mineralization in this target area of the property. The objective is to sequentially test, define and delimit the near surface, oxide mineralization in this target which may be amenable to open pit mining and heap leaching, and rapidly evaluate the potential of this target area for near term production. This marks the first exploration campaign that has all other historical drill and production information and is scheduled to systematically explore the total property.

A detailed description of the exploration and production history of the Independence property is available on the Company's web site at www.gnmtlive.com. See Executive Summary.

About General Metals Corporation: The Company is an exploration and development stage company and controls 100% of the 240 acre Independence property located in the Battle Mountain Mining District, Humboldt County, Nevada, and which forms an island in Newmont Mining's Phoenix Mine Project www.newmont.com. The Company also owns 150 sq. km. of mining concessions for gold, diamonds and base metals in Ghana, West Africa and plans to commence exploration activities this year.

Notice Regarding Forward Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that the proceeds from the recent private placement will allow the Company to proceed with Phase 1 drilling at its Independence Mine in Nevada or any shallow mining production later this year, the budget for the Phase 1 drilling program, that an estimated 235,000 ounces of gold and 2,500,000 ounces of silver are contained in the mineralized material in the "Shallow Target," and is proposed to be mined and loaded onto a cyanide heap leach pad, or any future financings that the Company may enter into.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2004 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

[borsalino1965]

Antwort auf Beitrag Nr.: 32.322.687 von borsalino1965 am 07.11.07 11:49:18

[borsalino1965]

Antwort auf Beitrag Nr.: 32.322.743 von borsalino1965 am 07.11.07 11:52:43

Erklärung zum Bild ist die untere News von gestern.

[Dean78]

BeitragVerfasst am: Mi Mai 23, 2007 7:01 am Titel: General Metals Corp. Antworten mit Zitat
Laut den überaus namhaften US-Analystenhäusern Beacon Equity Research und Onyx Equity Research verfügt diese Aktie über ein Kurspotenzial von mehreren hundert Prozent und wäre auch dann im Peer-Group-Vergleich noch günstig bewertet!

Name: General Metals Corp.
Land / Branche: USA / Konsum
WKN / ISIN: A0H1DG / US3703041075
Börsenplatz: Frankfurt, Berlin
Aktueller Kurs: 0,27 EUR (22.05.07)
Kursziel: 1,00 EUR

Bei General Metals handelt es sich um einen Junior-Mineral-Explorer, der sich auf die Entdeckung, Akquise, Exploration und Entwicklung von Gold-, Silber-, und anderen Edelmetallprojekten spezialisiert hat.

Hauptprojekt ist die sogenannte Wilson-Independence-Mine (100% im Besitz) in der Goldgürtel-Region im nördlichen Teil des US-Bundesstaats Nevada. Die Independence-Mine liegt eingebettet wie eine Art Insel umrandet von Newmont`s Phoenix Mine. Bei der Phoenix-Mine handelt es sich um die größte und bedeutendste operativ tätige Goldmine der Vereinigten Staaten. Hier wurden bereits mehr als 65.000 Tonnen hochgradiges Gold und Silber gefördert! Die Lage allein ist also bereits Gold wert.

Die Gesellschaft besitzt Rechte an 14 Mining-Claims auf einem Gesamtgebiet von über 240 Acres. Dieses Gebiet ist historisch bekannt als überaus reich an Gold- und Silbervorkommen. Die Wilson-Independence-Mine ist hauptsächlich eine Silber Mine verfügt aber auch über signifikante Goldvorkommen. Zwischen 1938 und 1987 fanden hier bereits aktive und sehr erfolgreiche Mining-Tätigkeiten statt. Allein in diesem Zeitraum produzierte die Mine rund 11,000 Tonnen Gold sowie rund 750,000 Tonnen Silber!

1997 wurden hier umfangreiche geologische Tests durchgeführt. Ein geologischer Report von Akright schätzte die oberflächlichen - und damit leicht zu fördernden - Vorkommen auf rund 2,5 Mio. Unzen Silber und 235.000 Unzen Gold. Die tiefen Vorkommen bezifferte man auf unglaubliche 2 Mio. Unzen Gold!

General Metals plant ein 3-Phasen-Explorationsprogramm an der Independence-Mine. Die erste Phase ist bereits in vollem Gange. Hier bohrt man 15 bis 20 Löcher mit einer Tiefe von rund 500 Meter. Phase 2 ist die Fortsetzung dieser Bohrungen an der Oberfläche, bei denen man bereits von Goldvorkommen von rund 150 Mio. USD Wert ausgeht!

Werfen Sie nur mal einen Blick auf die aktuelle Börsenbewertung von General Metals von rund 15 Mio. USD - allein an der Oberfläche schlummert schon der zehnfache Wert - unbeachtet der prognostizierten Silbervorkommen von rund 32 Mio. USD! In Phase 3 sind Tiefenbohrungen von rund 3000 Metern vorgesehen. Diese Phase könnte General Metals endgültig auf ein vollkommen neues Bewertungsniveau heben!

Der 3-Monats-Chart verdeutlicht, dass der Aktienkurs bereits zu steigen beginnt. In Relation zu dem ungeheuren Gold- und Silberpotenzial, das sich vermuteterweise hinter der Independence-Mine verbirgt, ist der bisherige Kursanstieg zu vernachlässigen. Die Aktie sollte aber in Kürze vor einem größeren Kurssprung stehen! In Anbetracht der Tatsache, dass General Metals den Produktionsbeginn der Gold- und Silbermine für das dritte Quartal dieses Jahres veranschlagt hat, bietet sich deshalb nach unserer Einschätzung gerade jetzt eine wahrlich exzellente Einstiegsgelegenheit!

Wir sehen bei der Aktie von General Metals großes Kurspotenzial. Selbst bei Erreichen unseres Kursziels würde die Aktie - unter Annahme der vermuteten Gold- und Silbervorkommen - noch nicht einmal mit einer Umsatzmultiple von 1 bewertet sein! Eine absolute Seltenheit, vergleicht man den Wert mit ähnlichen Unternehmen aus dieser Region wie Battle Mountain Gold (Umsatzmultiple von 12), Bullion River Gold (Umsatzmultiple von 47) oder auch Newmont Mining (Umsatzmultiple von 4).

Anders formuliert: Bei 72,1 Mio. ausstehenden Aktien und einem Kurs von 1 Euro (1,35 USD) wäre General Metals an der Börse mit 72,1 Mio. Euro ( 97,3 Mio. USD) bewertet. Zieht man nur die zu erwartenden oberflächlichen Gold-Funde von 150 Mio. USD heran, was potenziellem Umsatz entspricht, so beträgt die Umsatzmultiple lediglich 0,65! Berücksichtigt man die anfallenden Explorationskosten, so kommen wir näherungsweise auf den Wert von 1!

Jetzt sehen wir für spekulative und rohstoffaffine Anleger noch eine exzellente Gelegenheit zu absoluten Schnäppchenpreisen in diese Goldperle zu investieren. Lange sollte General Metals unserer Einschätzung nach nicht mehr auf diesem günstigen Kursniveau zu haben sein!
Ohne Gewähr! Quelle: obb

[borsalino1965]

sieht doch ganz gut aus, heute

[borsalino1965]

Antwort auf Beitrag Nr.: 32.327.947 von borsalino1965 am 07.11.07 17:11:03

endlich mal pari.Ein wahrhaft seltener Moment.

[borsalino1965]

0,15

oh mann, das ist ein hin und her Getaxe

[Pirat_Micha]

ja !! ich schaue auch nur noch nach den Kursen in den USA

[wuschelx]

Antwort auf Beitrag Nr.: 32.362.388 von borsalino1965 am 09.11.07 15:23:07

Tach zusammen

Gulfside scheint ja doch wieder runterzugehen

interessant schein mir DHANOA zu sein sind schon produzent

und unsere Perle wird dann auch erwachen und dann sehen wir mal

wünsche euch einen schönen Wochenausklang bis dann mal wieder

[borsalino1965]

Antwort auf Beitrag Nr.: 32.362.542 von Pirat_Micha am 09.11.07 15:31:11

[borsalino1965]

Antwort auf Beitrag Nr.: 32.362.643 von borsalino1965 am 09.11.07 15:36:05

Zeit
15:06:40

Kurs
0,14

Stückzahl
100

Wer macht denn sowas?

[wuschelx]

Antwort auf Beitrag Nr.: 32.409.633 von borsalino1965 am 13.11.07 16:25:23

Nabend

Nachdem ich bei Asian dragon 70 % verloren habe habe ich die nun verkauft

heute nochmal 5500 Stücke

wenn dies auch ein reinfall wird dann habe ich mein geld zum spielen ( na ja tut schon weh)

echt weggeworfen

allen viel erfolg und eine schöne restliche woche

[borsalino1965]

Antwort auf Beitrag Nr.: 32.457.591 von wuschelx am 16.11.07 19:32:51

bin raus.
Hab umgeschichtet in Accel Energy.

Gruß

borsalino

[wuschelx]

Antwort auf Beitrag Nr.: 32.539.928 von borsalino1965 am 23.11.07 15:44:36

so dann bin ich wohl alleine hier aber ich warte halt
und denke das ich nicht so schlaeht liege

gibt es noch jemanden dder hier investiert ist und wenn ja was denkst du oder denken sie was kommen könnte


dann alles gute

[Pirat_Micha]

General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT: GMQ) is pleased to provide the following update and final drill results received from ALS-Chemex, for the initial holes in its ongoing Phase 1 drill program at the Wilson Independence Property, Battle Mountain Mining District of Nevada. Management is very encouraged by the high grade, oxidized, near surface nature of this mineralization which remains open on strike and to depth.


Click to enlarge

The Company has now received final gold and silver results for holes GM-1, 2, 3 and 5, drilled to test for gold-silver mineralization along the projected southern extension of the Independence fault zone. Partial results for these holes were announced in the Company's Press Release of October 25, 2007. This release discusses these recently received analyses for silver in conjunction with the previously announced gold results and related geochemistry.

Holes 1, 2, 3 and 5 form a "fence" of drill holes along Section 1600 N. The holes drill tested the projected extension of mineralization southerly beyond the Wilson Independence Mine in an area of favorable geology. As may be seen on the attached cross-section, all holes encountered mineralization over drill intercepts ranging from 30 to 55 feet. The drilling indicates mineralization from the surface which remains open at depth and along strike to the North and South. To date, the initial 25 holes have been completed. Final assays only will be reported in future releases. Management has recently streamlined the assay procedures with ALS Chemex and looks forward to more final assay results every couple of weeks for the balance of the holes.

The following Table presents the salient drill data from the holes discussed in this press release.

Drill Hole Mineralized Intercepts Gold Equivalent
From To Intercept Gold Gold Silver Silver oz/t Au g/t Au
(feet) (feet) (feet) oz/t g/ton oz/t g/ton Equiv @ Equiv @
$15 Ag $15 Ag
$800 Au $800 Au
GM-1 50 95 45 0.046 1.431 1.38 42.92 0.072 2.236
GM-2 165 195 30 0.012 0.373 1.37 42.61 0.038 1.172
GM-3 155 210 55 0.015 0.467 1.03 32.04 0.034 1.067
GM-5 150 205 55 0.032 0.995 1.58 49.27 0.062 1.919
Including 160 175 15 0.070 2.177 2.89 89.89 0.124 3.863
GM-6 PENDING

Note: All notations of "t" and "ton" refer to a US "short" ton weighing 2,000 pounds. All gold equivalent is calculated at a gold price of $800 (US) and a silver price of $15 per ounce, and does not consider variations which may exist in metallurgical recovery.

The Wilson Independence gold-silver mineralization is localized along the Independence fault zone, within receptive sedimentary units. Movement along the Independence fault resulted in widespread fracturing of the favorable units enhancing permeability and resulting in broad, laterally extensive stock work style mineralization. Known mineralization forms a north-south trending, westerly dipping zone which is sub-parallel to bedding in silicified cherty sediments.

Elevated gold and silver mineralization is associated with stock work zones and areas of intense (gossanous) iron oxides and silica solution cavities within dilatent structural zones. Geochemically gold and silver are spatially associated with classic precious metal "path finder" elements including arsenic and antimony. The gold and silver mineralization at Wilson-Independence is also spatially associated with highly anomalous bismuth. The presence of bismuth in the trace element suite is widely considered to indicate a genetic relationship to porphyry and skarn related systems that are capable of forming large gold-silver deposits. The Fortitude gold skarn, situated 4,000 feet north of the Independence produced 2.2 million ounces of gold, the giant Phoenix project, situated to the east and adjacent to the Independence is the largest operating gold mine in the US, and the Cove-McCoy deposit, another gold skarn located south of the Independence Mine has produced 4.4 million ounces of gold. Proximity and geological similarities with these properties suggest the Wilson Independence property may contain significant potential for large gold or gold/silver deposits.

The presence of coincident gold-silver-bismuth anomalies together with classic epithermal path finder elements such as arsenic and antimony support management's opinion that the near surface mineralization at the Wilson Independence property represents the epithermal expression of a leakage halo associated with, gold skarn style mineralization in the Independence Deep target. The Independence Deep target has an estimated 1-2 million ounces of gold.

These initial drill results support the model of near surface, potentially bulk mineable mineralization in the vicinity of the historic Wilson Independence Mine. The Independence Shallow target potential is estimated at 235,000 ounces of gold and 2,500,000 ounces of silver and target potential in the Independence Deep target is estimated at 1-2 million ounces of gold established through historical drilling and reports.

The Independence Phase 1 Drilling map showing the location of the drill holes in relation to the historical mine workings (mineralized area) and a detailed description of the exploration and production history of the Independence property are available on the Company's web site at www.gnmtlive.com.

About General Metals Corporation: The Company controls 100% of the 240-acre Independence property located in the southern part of the Battle Mountain Mining District, Humboldt County, Nevada., which is an island in the giant Phoenix Project. The Company also owns 150 sq. km. of mining concessions for gold, diamonds and base metals in Ghana, West Africa and plans to commence exploration activities this year.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that the proceeds from the recent private placement will allow the Company to proceed with Phase 1 drilling at its Independence Mine in Nevada or any shallow mining production later this year, the budget for the Phase 1 drilling program, that an estimated 235,000 ounces of gold and 2,500,000 ounces of silver are contained in the mineralized material in the "Shallow Target," and is proposed to be mined and loaded onto a cyanide heap leach pad, or any future financings that the Company may enter into.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2007 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.


Image link Available top of this press release.


Contact:
Wayne Meyerson
Investor Relations
General Metals Corporation
[e-mail]@gnmtlive.com
775.686.6078 office
775.830.6429 cell
Copyright © 2007 GENERAL METALS CORPORATION (GMC) All rights reserved. For more information visit our website at http://www.generalmetalscorporation.com/ or send email to [e-mail] .

[wuschelx]

Antwort auf Beitrag Nr.: 32.589.244 von Pirat_Micha am 27.11.07 21:26:47

Grüß dich mein lieber

einer noch da

aber ich denke die ergebnisse sind nicht so toll wie denkst du darüber

wann weerden denn andere auf diese aktie aufmerksam

na viellleicht bin ich zu ungeduldig aber ich habe immerhin 30 K investiert

wäre nett von dir zu ören

gruß

[Pirat_Micha]

Re: Press Releases - Thursday, November 29, 2007
Title: General Metals Update: Management Discussion of November 27, 2007 Assay Results and Clarification of New Mineralized Discovery at Independence Mine
General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT: GMQ) -- In response to several questions from shareholders, Management is pleased to provide a brief explanation of the final drill results (assays) contained in its November 27, 2007 Press Release and the significance of the mineralized material discussion that followed the assay information.

The prior Press Release contained the following presentation:

"Holes 1, 2, 3 and 5 form a 'fence' of drill holes along Section 1600 N. The holes drill tested the projected extension of mineralization southerly beyond the Wilson Independence Mine in an area of favorable geology. As may be seen on the attached cross-section, (see 11/27/07 PR) all holes encountered mineralization over drill intercepts ranging from 30 to 55 feet. The drilling indicates mineralization from the surface which remains open at depth and along strike to the North and South."

The following Table presents the salient drill data from the holes discussed in this press release.


Drill | Mineralized Intercepts | Gold Equivalent
Hole | |
---------------------------------------------------------------------------
From To Intercept Gold Gold Silver Silver oz/t Au g/t Au
(feet) (feet)(feet) oz/t g/ton oz/t g/ton Equiv @ Equiv @
$15 Ag $15 Ag
$800 Au $800 Au
---------------------------------------------------------------------------
GM-1 50 95 45 0.046 1.431 1.38 42.92 0.072 2.236
GM-2 165 195 30 0.012 0.373 1.37 42.61 0.038 1.172
GM-3 155 210 55 0.015 0.467 1.03 32.04 0.034 1.067
GM-5 150 205 55 0.032 0.995 1.58 49.27 0.062 1.919
Including 160 175 15 0.070 2.177 2.89 89.89 0.124 3.863
---------------------------------------------------------------------------
GM-6 PENDING

Note: All notations of "t" and "ton" refer to a US "short" ton weighing 2000 pounds. All gold equivalent is calculated at a gold price of $800 (US) and a silver price of $15 per ounce, and does not consider variations which may exist in metallurgical recovery.

Explanation of Presentation of Drill Results and new mineralized discovery:

The location of these drill holes are about 300 feet south of the Independence mine workings (see attached Independence Mine Drill map) and represent a new discovery and an extension of the now known mineralization from 1,500 feet to 1,800 feet of strike length. This could increase the volume of mineralized material previously thought to exist by about 18% or more, should future holes provide the required continuity. Open at depth and along strike to the North and South means that the extent of mineralization has yet to be determined in all directions. What is known so far is limited by the extent of the drill holes only. The objective of the drill program is to FIND and DEFINE those limits.

The above table presents the ounces and grams/ton of both gold and silver over the contained depth of intercept in the designated drill hole as well as gold equivalent ounces per ton. Gold Equivalent is a method whereby, in a polymetallic gold deposit, the gross value of metals other than gold are converted to dollars-per-ton, then to equivalent ounce-per-ton values of gold. The 'equivalent' ounce-per-ton values are then added to the actual ounce-per-ton gold values to indicate the total value of the polymetallic rock in ounces per ton of gold. This allows comparison in ounce-per-ton value of polymetallic gold deposits with 'gold only' deposits. As an example, GM-1 has 0.046 opt gold, which equals $36.80 /ton. Using the gold equivalent calculation of 0.072opt gold equivalent, the result for the same rock equals$57.60/ton, which is the gross value, unadjusted for metallurgical or recovery variances.

An extensive technical discussion follows in the November 27, 2007 Press Release which shows that the identical signature elements that were present in the famous Fortitude deposit, the giant Phoenix project and the Cove McCoy project are present at Independence and that there is substantial evidence that the shallow mineralization is most probably a result of feeder systems from the deep mineralization that has already been identified historically.

As stated in the previous release: "The presence of coincident gold - silver - bismuth anomalies together with classic epithermal path finder elements such as arsenic and antimony support management's opinion that the near surface mineralization at the Wilson Independence property represents the epithermal expression of a leakage halo associated with, gold skarn style mineralization in the Independence Deep target. The Independence Deep target has an estimated potential 1-2 million ounces of gold.

These initial drill results support the model of near surface, potentially bulk mineable mineralization in the vicinity of the historic Wilson Independence Mine. The Independence Shallow target potential is estimated at 235,000 ounces of gold and 2,500,000 ounces of silver and target potential in the Independence Deep target is estimated at 1-2 million ounces of gold established through historical drilling and reports."

More information on the balance of the initial 25 drill holes that have been completed will be forthcoming once final assays have been received. The Company commenced drilling on Stage 2 of Phase 1, the next 25 holes, today. Management is encouraged by these initial discoveries and results.

About General Metals Corporation: The Company controls 100% of the 240-acre Independence property located in the southern part of the Battle Mountain Mining District, Humboldt County, Nevada., which is an island in the giant Phoenix Project. The Company also owns 150 sq. km. of mining concessions for gold, diamonds and base metals in Ghana, West Africa and plans to commence exploration activities this year.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that the proceeds from the recent private placement will allow the Company to proceed with Phase 1 drilling at its Independence Mine in Nevada or any shallow mining production later this year, the budget for the Phase 1 drilling program, that an estimated 235,000 ounces of gold and 2,500,000 ounces of silver are contained in the mineralized material in the "Shallow Target," and is proposed to be mined and loaded onto a cyanide heap leach pad, or any future financings that the Company may enter into.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2007 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.


Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=637181



Contact:
Wayne Meyerson, Investor Relations
General Metals Corporation
[e-mail]@gnmtlive.com
775.686.6078 office
775.830.6429 cell
Copyright © 2007 GENERAL METALS CORPORATION (GMC) All rights reserved. For more information visit our website at http://www.generalmetalscorporation.com/ or send email to [e-mail] .
Message sent on Fri Nov 30, 2007 at 12:39:45 PM Pacific Time

[reichinrente]

Na, noch jemand drin hier? Jetzt wo der Wert so schön zurück gekommen ist, wäre er mir eine Versuchung wert.
Fundamental hat sich m.E. nichts zum Negativen verändert.
???
Rich

[wuschelx]

Antwort auf Beitrag Nr.: 33.374.632 von reichinrente am 14.02.08 22:13:31

ja ich mit ca 30000 leider zu 17 cent

langfristig denke ich aber sehen wir kurse um die 20 cent wieder

oder etwa nicht

[reichinrente]

Hui,
in den letzten Tagen geht es aber hier bei hohen Umsätzen ohne offizielle News stark bergab. Gegen den Trend bei HUI. Vermute Shorties, evt. günstiger Einstieg von Newmont - meine persönliche Einschätzung! Aufpassen..

Zur Zeit ist mir der Wert zu volatil und ich warte jetzt erstmal ein paar Tage/Wochen vor dem Einstieg in diesen Wert ab (Bodenbildung) und beobachte die weitere Entwicklung.

Sollten außerhalb der offiziellen Pressemitteilungen Informationen/Gerüchte bekannt werden, finden wir diese hoffentlich in diesem Tread wieder.

So long

Rich

[wuschelx]

Antwort auf Beitrag Nr.: 33.429.583 von reichinrente am 20.02.08 21:48:39

Press Release Source: General Metals Corporation

General Metals Drilling Intersects 155 Feet of Near Surface Oxide Mineralization at Wilson Independence Mine With Holes Bottoming in Mineralization
Thursday February 21, 8:04 am ET

RENO, NV--(MARKET WIRE)--Feb 21, 2008 -- General Metals Corporation (the "Company") (OTC BB:GNMT.OB - News) (Frankfurt:GMQ.F - News) is pleased to announce the following additional drill results from its Wilson Independence Shallow 2007 drilling program for holes GM - 13, 14 and 15. Holes GM 13, and 14 are situated on Section 2400 North, and hole GM 15 is on Section 2900 North as attached to this press release. All holes encountered oxide mineralization with grades equal to or higher than anticipated over larger than expected intervals within the targeted zones, as a result two holes bottomed in mineralization.

Source: General Metals Corporation

(click to enlarge)

· The MacReport.Net
· General Metals Corporation



Discussion

Drilling results to date are developing a clear picture of a body of near surface oxide mineralization exhibiting excellent continuity along strike and down dip. The mineralized body appears composed of a higher grade core surrounded be a broad halo of low grade oxide mineralization. Mineralization is thoroughly oxidized, outcrops along much of the area being drilled and extends beyond the limits of present drilling on strike and at depth. Exposures of this mineralization in historic mine workings confirm the high degree of continuity being found in the drilling. These results indicate high potential for an open pit heap leach operation with near term production potential for which planning is underway.

Drill holes GM 13 and 14 on Section 2400 represent a 700 foot step out to the north from holes previously announced on Section 1700 North, in the Company's press release dated January 8, 2008. Drill hole GM 15 on Section 2900 North represents a 500 foot step out to the north beyond holes GM 13 and 14.

The following table provides salient data for these holes.

Table 1



Gold
Mineralized Intercepts Equivalent
----------------------------------------- ---------
oz/t Au
Equiv
@ $15
Inter- Ag g/t
From To rcept Gold Gold Silver Silver $800 Au
(feet)(feet)(feet) oz/t g/ton oz/t g/ton Au Equiv.
----- ----- ----- ----- ----- ----- ----- ----- -----
GM-13 280 350 70 0.021 0.66 0.42 13.11 0.029 0.91
----- ----- ----- ----- ----- ----- ----- ----- -----
Including 290 315 25 0.041 1.28 0.84 26.13 0.057 1.77
----- ----- ----- ----- ----- ----- ----- ----- -----


*Note: GM 13 bottomed in mineralization at 350 feet.

GM-14 145 300 155 0.007 0.15 0.45 14.15 0.016 0.49
----- ----- ----- ----- ----- ----- ----- ----- -----
Including 170 195 25 0.018 0.56 1.03 32.04 0.037 1.04
----- ----- ----- ----- ----- ----- ----- ----- -----
and 235 245 10 0.027 0.84 0.60 18.66 0.038 1.19
----- ----- ----- ----- ----- ----- ----- ----- -----

*Note: GM 14 bottomed in mineralization at 300 feet.

GM-15 195 230 35 0.018 0.57 0.43 13.49 0.026 0.82
----- ----- ----- ----- ----- ----- ----- ----- -----
200 220 20 0.030 0.93 0.56 17.35 0.041 1.26
===== ===== ===== ===== ===== ===== ===== ===== =====

Results

Section 2400 North

All holes on this section intersected deeply oxidized mineralization over significant widths within the projected target zone. As stated above, these holes represent a 700 foot step out to the north from previously announced holes. Both holes bottomed in mineralized material, intersecting wider than anticipated zones of mineralization. GM - 13 bottomed in mineralization assaying 0.028 opt Au equiv after passing through 70 feet of mineralization with an average grade of 0.029 opt Au equiv. Higher grade mineralization with an average grade of 0.057 opt Au equiv. occurs over the 25 foot interval from 290 to 315.

GM - 14 intersected 155 feet of mineralization with an average grade of 0.016 opt Au equiv over the interval from 145 to 300 feet. Higher grade mineralization was intersected in two zones within this interval, the 25 feet from 170 to 195 averaging 0.037 opt Au equiv. and the interval from 235 to 245 feet averaging 0.038 opt Au equiv. Hole GM - 14 bottomed in mineralization assaying 0.01 opt gold equiv.

Hole 13 was drilled to test projections of mineralization, structure and stratigraphy down dip from the historic Independence Mine while GM 14 was drilled to test similar up dip projections closer to the surface. Both holes successfully tested mineralization within the projected target zone intersecting mineralization over larger than expected intervals and both ending in ore.

Section 2900 North

Drill hole GM - 15 was drilled roughly 700 feet north of GM-14, testing projections of mineralization, structure and stratigraphy up dip from the historic Independence Mine working. This hole provides the highest test of the up dip projections of mineralization to date. GM - 14 intersected thoroughly oxidized mineralization averaging 0.026 opt Au equiv. over the 40 foot interval from 190 to 230 feet, including a higher grade 20 foot interval from 200 to 220 which averaged 0.041 opt Au equiv.

A detailed description of the exploration and production history of the Independence property is available on the Company's web site at www.gnmtlive.com

About General Metals Corporation: The Company is production and growth oriented and controls 100% of the strategically situated Independence Mine property located in the prolific Battle Mountain Mining District on the Battle Mountain - Eureka gold trend, in Humboldt County, Nevada, adjacent to the giant Phoenix project. The current drilling program is designed to confirm early estimates of mineralized material thought to contain 235,000 oz. gold and 2,500,000 oz. silver and to expand the mineralized envelope which enhances near term production numbers. The Company also owns 150 sq. km. of mining concessions for gold, diamonds and base metals in Ghana, West Africa and plans to commence exploration activities this year.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that the proceeds from the recent private placement will allow the Company to proceed with Phase 1 drilling at its Independence Mine in Nevada or any shallow mining production later this year, the budget for the Phase 1 drilling program, that an estimated 235,000 ounces of gold and 2,500,000 ounces of silver are contained in the mineralized material in the "Shallow Target," and is proposed to be mined and loaded onto a cyanide heap leach pad, or any future financings that the Company may enter into.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2004 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=696006
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=696008


Contact:

Contact:
Wayne Meyerson
Investor Relations
General Metals Corporation
[e-mail]
775.686.6078 office
775.830.6429 cell


Source: General Metals Corporation


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· General Metals: Phase 1 Drilling Program Identifies Significant New Mineralized Material, Expanding Estimates for Independence Shallow Target in Preparation for 2008 Production - Marketwire (Mon Jan 14)
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· General Metals Update: Drilling Continues to Expand Surface Oxide Mineralization at Independence Gold - Silver Project - Marketwire (Tue Jan 8)
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[Pirat_Micha]

June 10, 2008
General Metals 2008 Drilling Intersects 100 Feet of 0.045 opt Au Equivalent at Independence Mine and Continues to Expand Mineralization
General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT: GMQ) is pleased to announce results for drill holes 33 through and including GM-37 of the Company's ongoing 2008 drill program. All holes have encountered potentially economic mineralization with the best results in this series of holes in GM-35 which returned 100 feet averaging 0.045 ounces per ton of gold Equivalent (opt Au Equiv.). The Company's 2008 program is an extension the Company's highly successful 2007 program, and is intended to provide sufficient drill hole density to permit a resource calculation compliant with CNI 43-101, in the near future.

GM-33 is located on Section 1400 North and holes GM-35 through GM-37 are on Section 1500 North. The holes were drilled as step-out holes from mineralization encountered in the Company's 2007 program. Management continues to be encouraged by the oxidized nature of this near surface mineralization and the potential to develop a low cost bulk mineable deposit. These and pending drill holes were drilled to increase density of drilling to a level sufficient to support a resource calculation for the Independence Shallow Target area.

The following Table presents the salient drill data from the holes discussed in this press release.


Mineralized Gold
Intercepts Equivalent

Drill From To Intercept Gold Gold Silver Silver oz/t Au g/t Au
Hole (ft) (ft) pt (ft) oz/t g/ton oz/t g/ton Equiv. Equiv.

GM-33 75 100 25 0.010 0.29 0.94 27.42 0.028 0.82
GM-34 90 105 15 0.008 0.23 0.47 13.83 0.017 0.50
GM-35 200 300 100 0.016 0.47 1.54 44.95 0.045 1.31
GM-36 90 95 5 0.007 0.20 0.83 24.06 0.023 0.67
GM-37 20 40 20 0.008 0.23 0.98 28.53 0.026 0.76

Note: All notations of "t" and "ton" refer to a US "short" ton weighing 2000 pounds. All gold equivalent is calculated at a gold price of $800 (US) and a silver price of $15 per ounce, and does not consider variations which may exist in metallurgical recovery.

Drill hole GM-33, drilled approximately 100 feet east of hole GM-7 on Section 1500 North, extends mineralization up dip from GM-7 to within 60 feet of the surface, encountering 25 feet from 75 to 100 feet with an average grade of 0.028 ounces per ton of gold equivalent (opt Au Equiv.). Importantly this hole demonstrates the continuity of mineralization up dip in the shallow subsurface.

Holes GM-34, 35, 36 and 37, all located on Section 1400 North were drilled to check continuity of mineralization up dip toward the surface. All holes encountered significant mineralization within the target zone, and extend mineralization encountered in drill hole GM-8, 275 feet up dip, to within 20 feet of the surface. Drill hole GM 35 was drilled vertically across the intercept in GM-8 to check continuity and test for possible structurally controlled mineralization that may not have been adequately tested in hole GM-8. Hole GM-35 bottomed in mineralization, returned the best mineralized intercept in this series of holes, with the 100 feet from 200 to 300 feet averaging 0.045 opt Au Equiv.

Discussion

The interpreted geometry of the mineralized zones, based on available drill data supports management's opinion that potential to develop an open pit type mining operation exists in the Independence Shallow Target Zone. All of the mineralization encountered on the property to date has been deeply and thoroughly oxidized. Oxidized ores characteristically are amenable to low cost recovery techniques such as heap leaching. The grade of mineralization encountered in the Company's drilling to date are comparable with the grades of mineralization found in other operating open pit, heap leach mines in the State of Nevada today.

Drilling results continue to expand mineralization at the Independence Project and support the model of near surface, potentially bulk mineable gold -- silver mineralization in the vicinity of the historic Wilson Independence Mine. Mineralization remains open to along strike to the north, south and to depth.

Permitting for mining and production has been started by Dyer Engineering of Reno, NV, and steps to establish near term production are underway.

A detailed description of the exploration and production history of the Independence property is available on the Company's web site at www.gnmtlive.com.

About General Metals Corporation: General Metals Corporation is an aggressive junior minerals exploration and development company, based in Reno, Nevada. The Company controls 100% of the strategically situated Independence property located in the prolific and highly prospective Battle Mountain Mining District on the Battle Mountain - Eureka gold trend, in Humboldt County, Nevada. The Company also owns 150 sq. km. of mining concessions for gold, diamonds and base metals in Ghana, West Africa and plans to commence exploration activities this year

[wuschi33]

Antwort auf Beitrag Nr.: 34.277.711 von Pirat_Micha am 10.06.08 22:25:57

Hallo
bin ja doch nicht alleine
was geht denn bei dir
bin mit 50000 gut dabei und warte der dinge und du selbst

[Pirat_Micha]

Hmm...

im Moment nur noch auf der Watchlist !! Bin noch nicht sicher ob ich wieder einsteigen soll....

schönes WE noch

Pirat

[Pirat_Micha]

June 16, 2008
General Metals Raises Over $550,000 via Private Placement
General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT: GMQ) raises almost $484,000 from a recent private placement of 8,716.299 restricted common shares and 514,299 warrants. In addition, $28,500 was paid for the exercise of warrants resulting in the issuance of 476,442 restricted common shares. Another 850,000 restricted common shares were issued for services to be provided for the company related to engineering, geologic and investor relations services.

"Raising more than $500,000 at this stage and in this market endorses our efforts to bring the Independence project into production. We are grateful for this vote of confidence shown by those investors that joined us at this time," said Dan Forbush, the Company CFO.

"Drilling has continued uninterrupted at the Independence Mine and we are in hole #GM 60 at this time. Management is currently working to prepare a 43-101 compliant resource report, which will assist in production development efforts being handled by Dyer Engineering of Reno, NV," said Company President and CEO, Steve Parent.

About General Metals Corporation: General Metals Corporation is an aggressive junior minerals exploration and development company, based in Reno, Nevada. The Company controls 100% of the strategically situated Independence property located in the prolific and highly prospective Battle Mountain Mining District on the Battle Mountain - Eureka gold trend, in Humboldt County, Nevada. The Company also owns 150 sq. km. of mining concessions for gold, diamonds and base metals in Ghana, West Africa and plans to commence exploration activities this year.

Notice Regarding Forward-Looking Statements

[wuschi33]

Antwort auf Beitrag Nr.: 34.312.410 von Pirat_Micha am 16.06.08 20:35:36

Servus
hört sich ja alles gut an haben genug Geld und ich denke aus den 250 000 Gold Münzen werden bei tiefer Bohrung solide 800K und dann bin ich mal auf 2009 und 2010 gespannt wenn die ihre Porjekte in Afrika umsetzen. Eine große Mine sind die zwar nicht aber wenigstens etwas solide und die gibts auch als mansch andere wo ich leioder mein Geld verbrannt habe.
Na denn warten wir der Dinge und schreiben uns wenigstens mal
Gestern DEU gewonnen und nun müssen wir wohl auch Protugal schlagen

na denn
Und warte mit dem Einstieg nicht zu lange!

[Wenco]

http://www.marketwire.com/press-release/General-Metals-Corpo…

jetzt wird gerockt!!!

[Pirat_Micha]

July 16, 2008
General Metals Drilling Update -- Independence Shallow Target Areas Potential Triples -- Every Hole Encounters Gold Mineralization


General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT: GMQ) provides this discussion and summary of activities for the combined 2007 and 2008 drill program and guidance as to the Company's activities for the 2008 - 2009 operating period.

Robert G. Carrington, P. Geo., the Company's lead geologist pointed out, "every hole (100%) of the 61 drill holes completed to date encountered mineralization of potential ore grade over potentially mineable widths throughout the entire range of the target areas drilled thus far. Optimistically the potential target may have tripled."

The aggressive, ongoing program of exploration drilling to date (19,595 feet of RC drilling in 61 drill holes) has significantly exceeded historic estimates of target potential both as to width and grade of mineralization outlining a zone of surface, oxide gold and silver mineralization approximately 400 feet wide, more than 2,600 feet long and with strong potential to exceed one mile of strike. The mineralized zone is open to the north and is open down dip.

The drill results show the Company's success in exploring for shallow near surface bulk mineable gold/ silver mineralization that is planned for near term production. In addition, the deep seated, high grade gold skarn mineralization identified in 1987 by Noranda Exploration adds a valuable "second tier" development. A 1987 inter-office memo by Noranda, after completing the 1987 diamond drilling (25,000 feet) program estimated this deep gold skarn target contained 2 million ounces of gold.

Management and the Company's technical personnel believe the surface mineralization represents the epithermal "finger print" of the deeper high grade gold skarn. Recent re-examination of the Noranda core indicates that high grade structurally controlled mineralization may extend semi-continiously between these two deposits over a vertical range of nearly 3,000 feet.

General Metal has contracted with Drift Exploration of Calgary, Alberta to provide an RC drill for the entire year of 2008. The Company plans to continue aggressively growing this emerging and significant new discovery of near surface oxide gold mineralization with exceptionally high potential to become a near term producing gold - silver mine. To that end, Dyer Engineering of Reno, Nevada already initiated the engineering, production permitting and planning processes.

General Metals is presently completing the last of the minimum drilling it believes will be necessary to complete a Canadian National Instrument 43-101 compliant resource calculation for the southernmost block, referred to as the Independence Shallow Target. Upon completion of this drilling the Company will initiate this resource calculation, whereupon drilling will focus on expanding mineralization along trend to the north where recent drill results have returned significant results including 90 feet assaying 0.076 opt Au Equiv. in drill hole GM-56 as announced on July 8, 2008.

The Independence Property consists of 14 unpatented lode mining claims which cover an area roughly 2,800 feet wide and more than a mile long in a north - south direction. Situated at the heart of the prolific Battle Mountain - Eureka Gold Trend in the Battle Mountain Mining District the property is located approximately 4,000 feet southwest from the historic Fortitude deposits (2.2 million ounces of gold) and directly adjacent to current mining operations in the giant Phoenix Project, which is the largest operating gold mine in the US.

A detailed description of the exploration and production history of the Independence property is available on the Company's web site at www.gnmtlive.com.

About General Metals Corporation: General Metals Corporation is an aggressive junior minerals exploration and development company, based in Reno, Nevada. The Company is actively exploring its 100% controlled Independence property strategically located in the prolific and highly prospective Battle Mountain Mining District, Nevada. At the Independence, the Company is exploring near surface mineralization it believes to be amenable to bulk mining and heap leaching. The Company also owns 150 sq. km. of mining concessions for gold, diamonds and base metals in Ghana, West Africa and plans to commence exploration activities this year.

Notice Regarding Forward-Looking Statements

[Pirat_Micha]

Re: Press Releases - Tuesday, July 29, 2008
General Metals Newly Discovered Hill Zone Contains Three
Mineralized Zones and Drills Additional 140 Feet 0.043 opt Au
Equiv.
=======================================================================

General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT:
GMQ) intersected additional high grade oxide surface mineralization
including 140 feet averaging 0.043 opt Au Equiv. which included 35 feet
assaying 0.101 opt Au Equiv. in hole GM-57. Other significant drill
intercepts include 45 feet averaging 0.051 opt Au in hole GM-58, while
hole GM-59 intersected 35 feet which assayed 0.068 opt Au Equiv. All
drilling is oriented perpendicular to mineralized zones and reported
intercepts are believed to represent approximate true widths of the
mineralization.

Associated Website:
http://www.generalmetalscorporation.com/s/PressReleases.asp
Read more here!

[Pirat_Micha]

August 19, 2008
General Metals Management Discusses Results Identified in Interim Report and Continues on the Path to Near Term Production
General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT: GMQ) management is excited about the results reported in the Interim Report prepared by Samuel G. Nunnemaker, Reg. Geo., B.Sc., consulting geologist to the Company. Nunnemaker is a Qualified Person who has supervised the entire development drilling program discussed in the report and continues to do so throughout 2008 thus far. Mr. Nunnemaker has already begun updating the report for the results received since hole GM-59 (Hole GM-60 through GM-74).

"I am most enthused by the report's description of the Hill Zone," said Dan Forbush, Company CFO. "The Hill Zone was discovered as a part of the ongoing integration of current drill and analytical data with the historic geologic, geochemical and mining data."

Historically, mineralization at the Independence mine was believed to be terminated to the north by the Canyon fault. Interpretation of General Metals drilling in the Independence target and historic gold-silver surface sampling data indicated the offset of the Canyon fault to be minimal and projected the favorable hosts and the mineralized zone to continue north of the Canyon Fault. Based on this interpretation 7 drill holes were located to test the projected mineralization. At the time of this writing, results of 5 of the drill holes have been received and confirm the continuation of gold-silver mineralization to the north. This drilling has extended the gold-silver mineralization an additional 1,000 feet to the north. Although the indicated width and thickness of the Hill Zone mineralization is similar to the Independence target, mineralization remains open to the west, north and east. Drilling results from previous operators suggest the Hill Zone mineralization may be significantly wider than that in the Independence target.

Robert Carrington, lead consulting geologist and member of the Company's Advisory Board, stated, "We have drilled approximately 40% of the property. Every historical drill hole as well as all of the company's drilling has encountered mineralized material, the geometry of which suggests to me that the identified near surface oxidized mineralization should be amenable to mining by open pit methods and potentially recoverable by low cost heap leach processing."

Drilling by General Metals has confirmed the presence of significant gold silver mineralization remaining at the Independence target. The gold silver deposit identified to date consists of a broad envelope of gold and silver mineralization grading trace (0.1 g/T) gold to 0.01 opt (0.31 g/t) old and 0.2 opt to 0.7 opt silver surrounding a higher grade core with values ranging from .01 opt to .06 opt Au and 0.07 opt to 3 opt silver. The mineralized body strikes N-S and dips 55° - 65° to the west, within the core mineralization high grade ore shoots develop along NW to E-NE trending cross faults that, historically, have yielded ore grades up to 1 opt gold and 39.4 opt silver. Several of these types of ore shoots were discovered by past operators and mined from the underground workings present on the property. The largest of the historic ore shoots was mined by APCO between 1974 and 1976, yielding 35,517 tons of ore at average grades of 0.11 opt gold and 11.0 opt silver. The richest ore shoot was the Bonner-Cole, mined from 1954 to 1958, that produced 2,796 ounces gold and 110,294 ounces of silver at average grades of 1 opt and 39.4 opt, respectively.

Steve Parent, Company President and CEO, explained, "We intend to continue developing the potential economic potential of this property by continuing to drill the property, completing a Canadian National Instrument 43-101 compliant resource calculation, and bringing this substantial property into production as soon as permitting will allow. To that end we have approved a budget of $600,000 which will produce the reports and the permits."

The following activities are expected to cost $400,000 of the budgeted $600,000 are necessary to move the Independence project toward a NI 43.101 resource or IG-7 report and production feasibility study.


-- Complete definition drilling in the Independence NS and Hill Zone
targets.
-- Determine bulk sample requirements for advanced metallurgical work --
large diameter core or underground bulk sample.
-- Verify and locate previous operator's underground sampling.
-- Re-log and analyze the unsplit Noranda core.
-- Inventory previous operator's sample splits and sample pulps remaining
on the property, determine viability of check assays to bring the results
into NI 43.101 and IG-7 compliance.
-- Begin initial metallurgical work, starting with bottle roll recovery
tests for gold-silver from the bulk rejects or secondary sample splits.
-- Obtain check assays and third party review of the QA-QC data.
-- Begin initial 3D modeling and variography of the deposit to confirm
optimum drill density.
-- Begin permitting process with the BLM for extended exploration.
-- Catalog and index data and reports on file from previous operators.
-- Digitize underground workings, geology and sample data in 3D format.

The Independence Property consists of 14 unpatented lode mining claims which cover an area roughly 2,800 feet wide and more than a mile long in a north-south direction. Situated at the heart of the prolific Battle Mountain-Eureka Gold Trend in the Battle Mountain Mining District the property is located approximately 4,000 feet southwest from the historic Fortitude deposits (2.2 million ounces of gold) and directly adjacent to current mining operations in the giant Phoenix Project, which is the largest operating gold mine in the US.

A detailed description of the exploration and production history of the Independence property is available on the Company's web site at www.gnmtlive.com.

About General Metals Corporation: General Metals Corporation is an aggressive junior minerals exploration and development company, based in Reno, Nevada. The Company is actively exploring its 100% controlled Independence property strategically located in the prolific and highly prospective Battle Mountain Mining District, Nevada. At the Independence, the Company is exploring near surface mineralization it believes to be amenable to bulk mining and heap leaching. The Company also owns 150 sq. km. of mining concessions for gold, diamonds and base metals in Ghana, West Africa and plans to commence exploration activities this year.

Notice Regarding Forward-Looking Statements

[Pirat_Micha]

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Re: Press Releases - Wednesday, September 03, 2008
General Metals Enters Into Substantive Discussions for Sale /
Joint Venture of Its 150 Sq. Km. Nyhinahin Mining Concession Near
Bibiani, Ghana, West Africa
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General Metals Corporation (OTCBB: GNMT) (FRANKFURT: GMQ) -- The
Company is pleased to announce that it has entered into substantive
discussions for the sale or joint venture of its 100% interest in
Mikite Gold Resources ("Mikite"), a Ghanaian corporation with exclusive
prospecting license and full exploration rights to the Nyinahin ining
Concession near Bibiani, Ghana. The Prospecting rights are for gold,
diamonds and base metals.

Associated Website:
http://www.generalmetalscorporation.com/s/PressReleases.asp
Click here to read more!

[Pirat_Micha]

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Re: Press Releases - Thursday, September 18, 2008
General Metals Target Triples: 400 Ft. Step Out Expands Surface
Oxide Gold Mineralization to More Than 3,000 Ft. Strike Length,
50 Ft. Intercept Ave. 0.060 Opt Au Equiv.
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General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT:
GMQ) is pleased to announce drill holes GM 60 and 61 drilled on Section
4,400 North both encountered significant mineralization as shown in the
table below. The results in these drill holes expand the known strike
length of surface oxide gold mineralization at Independence to more
than 3,000 feet within a 400 to 1,000 foot wide corridor.

Associated Website:
http://www.generalmetalscorporation.com/s/PressReleases.asp
Click here to read more!

[Nebiim]

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