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Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s):  GMTNF

Gold Mountain Mining Corp. is a Canada-based gold and silver exploration and development company. The Company is focused on resource expansion at the Elk Gold Project, a producing mine located approximately 57 kilometers (km) from Merritt in South Central British Columbia. The Company is engaged in the production of crushed ore, containing both gold and silver, mineral exploration, and development of precious metal resources. The Company’s principal product is crushed ore produced from the Elk Mine. The Elk Gold Property is a 21,187-hectare (ha) land package. The Elk Gold Project hosts multiple gold mineralized zones within the 21,187-ha property boundary. The Elk Gold is a mesothermal, intrusive related, gold vein system. The Elk Gold Project is a past producing high grade gold mine.


TSX:GMTN - Post by User

Comment by Theckman1on May 21, 2022 7:54pm
121 Views
Post# 34700721

RE:Management questionable

RE:Management questionable

No judgement on you here but if you were in the know on videos that the CEO did in March you would know he was very open about potential financings, and much more.  This should have been of no surprise.  I follow many mid-tier and junior (mostly at or close to production) miners and all are down in price right now.  In hindsight, the recent financing was actually brilliant.  The price now is 39% below that financing, and you now have an opportunity to buy this stock on the cheap, below a large institution.  


As far as contacting the company, I have talked to IR with ease.  As with most companies you may need to be persistent but I had a great conversation with them two weeks ago.  Also, if you view recent videos (refer to YouTube), you'll also here Smith talk openly about some exciting opportunities, potentially, going forward. 


Patience is the key here, and I can understand some frustration with the miners and overall market down.  Look back to early 2019 where miners were on sale, and you'll get a flavor of what's happening right now. Honestly, I hope this one comes down a bit more for me to accumulate more.  I have a bid in at US .57 and will be patient.  


All the best

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