Extra symmetries are shown to exist in the effective theory of heavy q
uarks when both quarks and antiquarks with the same velocity are inclu
ded. These symmetries mix the quark with the antiquark sector and they
resemble the axial type of symmetries. Together with the known flavor
and spin symmetries they form a u(4) algebra when a single flavor is
considered. It is shown that the full U(4) set of symmetries breaks sp
ontaneously down to U(2) x U(2). The Goldstone modes corresponding to
the spontaneously broken currents are identified and their relation to
physical particles is discussed. Finally, the precise connection of t
his theory with the fundamental QCD is derived and it is investigated
under some approximations. Some physical processes where these extra s
ymmetries may be relevant are pointed out.