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Geovic Mining (TSX:GMC) Increases Cash Position sticky icon

By Press Release - Posted on 19 November 2008

How many junior mining companies are seeing an increase in cash these days? What if it's a NON-DILUTIVE cash infusion? Even better!

Geovic Mining Corp (GMC-TSX) actually increased its cash position by US$7 million to US$73.3 million in Q3 2008, ending September 30.Geovic's quarterly news release read "The increase was principally due to a $15.2 million minority interest contribution from the Cameroonian shareholders, who have contributed approximately $20 million to Geovic Cameroon Plc ("GeoCam") through September 30th."

So that is great news for their shareholders.

Just as wildly implausible – their stock responded! It went up! To reflect the new cash value. You might not think that is a big deal, but it is. There are many companies trading well below their cash value. In this market, every asset is a liability. It's just something that drains cash. Assets that don't produce cash flow have NO value. There is no value for metal in the ground. Read more »

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Colorado Business - Denver Post

By News Feed - Posted on 18 November 2008

Colorado BusinessDenver Post, CO - 24 minutes agoGeovic Mining Corp. of Grand Junction delayed financing and construction of the Nkamouna cobalt project in Cameroon, citing global financial turmoil. ...

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Geovic Mining Files Third Quarter Financial Report, Announces ... - PR-CANADA.net (press release)

By News Feed - Posted on 17 November 2008

Geovic Mining Files Third Quarter Financial Report, Announces ...PR-CANADA.net (press release), Montenegro - 25 minutes agoGeovic Mining Corp. ("Geovic" or "the Company") (TSX:GMC)(OTCBB:GVCM), has filed its SEC form 10-Q report for the third quarter ending September 30, 2008. ...

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Fastmoneytalk.com: FastMoneyTalk.com: Stock Updates: LENS & GVCM - Trading Markets (press release)

By News Feed - Posted on 17 November 2008

Fastmoneytalk.com: FastMoneyTalk.com: Stock Updates: LENS & GVCMTrading Markets (press release), CA - 1 hour agoGeovic Mining Corp. ("Geovic" or "the Company") (TSX:GMC) (OTCBB:GVCM), has filed its SEC form 10-Q report for the third quarter ending September 30, 2008. ...

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Pinnacle Digest: SEC 10-Q Report Filed: Review Initiated - Trading Markets (press release)

By News Feed - Posted on 17 November 2008

Pinnacle Digest: SEC 10-Q Report Filed: Review InitiatedTrading Markets (press release), CA - 8 minutes agoOur staff and members have requested that all Geovic Mining Corp. shareholders join our community and share their thoughts on the company, its development ...

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BRIEF-Geovic Mining says Nkamouna project delayed - FXstreet.com The Foreign Exchange Market

By News Feed - Posted on 14 November 2008

BRIEF-Geovic Mining says Nkamouna project delayedFXstreet.com The Foreign Exchange Market, Spain - 15 minutes agoThe copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior ...

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Geovic delays Cameroon cobalt mine - Creamer Media's Mining Weekly

By News Feed - Posted on 14 November 2008

Geovic delays Cameroon cobalt mineCreamer Media's Mining Weekly, South Africa - 21 minutes agoTORONTO (miningweekly.com) – Denver-based Geovic Mining will delay both fundraising and construction for its Nkamouna cobalt project, in Cameroon, ...

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Geovic Mining Files Third Quarter Financial Report, Announces ... - CNNMoney.com

By News Feed - Posted on 14 November 2008

Geovic Mining Files Third Quarter Financial Report, Announces ...CNNMoney.com - Nov 14, 2008Geovic Mining Corp. ("Geovic" or "the Company") (TSX: GMC)(OTCBB: GVCM), has filed its SEC form 10-Q report for the third quarter ending September 30, 2008. ...

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Geovic Mining Files Third Quarter Financial Report, Announces ... - MarketWatch

By News Feed - Posted on 14 November 2008

Geovic Mining Files Third Quarter Financial Report, Announces ...MarketWatch - 40 minutes ago, , ) , has filed its SEC form 10-Q report for the third quarter ending September 30, 2008. Key highlights include the following: 1. ...

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People on the move - Denver Post

By News Feed - Posted on 22 October 2008

People on the moveDenver Post, CO - 25 minutes agoGEOVIC MINING CORP.: Named Alan Peryam as vice president and general counsel and moved its headquarters from Grand Junction to Denver. ...

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Eramet élargit son portefeuille manganèse - Africa Intelligence

By News Feed - Posted on 21 October 2008

Eramet élargit son portefeuille manganèseAfrica Intelligence, France - Oct 21, 2008Le continent africain recèle plusieurs gisements de manganèse : au Cameroun (Nkamouna de Geovic Mining Corp.), en Côte d'Ivoire (gisements des régions de ...

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Report: New-home building will fall in '09 - Rocky Mountain News

By News Feed - Posted on 15 October 2008

Report: New-home building will fall in '09Rocky Mountain News, CO - 24 minutes agoGeovic Mining Corp. moved to Grand Junction and appointed Alan Peryam vice president and general counsel. * Colorado-based CollegeInvest named Larry Larson ...

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Geovic Mining-Corporate Announcements - PR-CANADA.net (press release)

By News Feed - Posted on 09 October 2008

Geovic Mining-Corporate AnnouncementsPR-CANADA.net (press release), Montenegro - Oct 9, 2008Geovic Mining Corp. ("Geovic" or "The Company") (TSX:GMC)(OTCBB:GVCM), is pleased to make two corporate announcements; 1) the appointment of Alan Peryam as ...

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Pinnacle Digest: Geovic Mining Sparks Interest Of Leading Online ... - Trading Markets (press release)

By News Feed - Posted on 09 October 2008

Pinnacle Digest: Geovic Mining Sparks Interest Of Leading Online ...Trading Markets (press release), CA - 1 hour agoAfter yesterday's news from Geovic Mining Corp. (OTCBB: GVCM | Quote | Chart | News | PowerRating) announcing the appointment of Alan Peryam as Vice ...

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PennyPerformers.com: "Penny Stocks that Perform" picks are: CTGI ... - Trading Markets (press release)

By News Feed - Posted on 09 October 2008

PennyPerformers.com: "Penny Stocks that Perform" picks are: CTGI ...Trading Markets (press release), CA - 29 minutes agoOct 08, 2008 -- Geovic Mining Corp. (TSX: GMC)(OTCBB: GVCM), is pleased to make two corporate announcements; 1) the appointment of Alan Peryam as Vice ...

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Geovic Mining moves HQ to Denver - Creamer Media's Mining Weekly

By News Feed - Posted on 08 October 2008

Geovic Mining moves HQ to DenverCreamer Media's Mining Weekly, South Africa - 1 hour agoTORONTO (miningweekly.com) – Geovic Mining, which plans to build a cobalt mine in Cameroon, has moved its headquarters to Denver, Colorado, ...

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Market Review: Our Progressive Review of GVCM - Trading Markets (press release)

By News Feed - Posted on 08 October 2008

Market Review: Our Progressive Review of GVCMTrading Markets (press release), CA - 45 minutes agoOur research resources have been aimed towards the US Large Caps and the various prospective companies therein Geovic Mining Corp. was among those that we ...

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Geovic Mining-Corporate Announcements - eMediaWorld.com Newswire Press Release Distribution Service (press release)

By News Feed - Posted on 08 October 2008

Geovic Mining-Corporate AnnouncementseMediaWorld.com Newswire Press Release Distribution Service (press release), AZ - 16 hours agoDENVER, COLORADO--(eMediaWorld - Oct. 8, 2008) - Geovic Mining Corp. ("Geovic" or "The Company") (TSX:GMC)(OTCBB:GVCM), is pleased to make two corporate ...

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Geovic Mining-Corporate Announcements - MarketWatch

By News Feed - Posted on 08 October 2008

Geovic Mining-Corporate AnnouncementsMarketWatch - 1 hour ago, , ) , is pleased to make two corporate announcements; 1) the appointment of Alan Peryam as Vice President and General Counsel, and 2) relocation of the ...

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Geovic Mining-Corporate Announcements - Market Wire (press release)

By News Feed - Posted on 08 October 2008

Geovic Mining-Corporate AnnouncementsMarket Wire (press release) - 19 hours agoDENVER, COLORADO--(Marketwire - Oct. 8, 2008) - Geovic Mining Corp. ("Geovic" or "The Company") (TSX:GMC)(OTCBB:GVCM), is pleased to make two corporate ...



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