Beacon Equity Research Featured Company: General Metals, Inc. (GNMT.OB)
General Metals, Inc. (GNMT.OB) identifies, acquires, explores, and develops gold, silver and other precious metals properties. The Company has rights to 14 mining claims spread across a 240 acre property known to be rich in gold and silver. General Metals Corporation controls 100% of The Independence Mine, located in the Battle Mountain Gold District of northern Nevada and forms an island in Newmont Gold's Phoenix Mine. Newmont is spending in excess of $3 billion dollars to develop the Phoenix Mine into the largest operating gold mine in the US. The Phoenix Mine has several million ounces of gold and several…
