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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 Windtalkeron Jun 18, 2022 11:58am
116 Views
Post# 34766735

RE:Still Buying, understanding that prices could go lower

RE:Still Buying, understanding that prices could go lowerI must say that gmtn reaching a low of .15-.20 cdn will be gut wrenching. If they can turn this narrow vein mine into a viable project, no question it will be a buy with both hands. With market sentiment toward the minors as it is, the prudent way to approach this might be to just simply wait for Gold Mountain to confirm that their management team is capable of turning this around. I suspect any good news that comes out over the the short term will be largely ignored, there is a strong case to just simply sit on your hands and wait for things to play out to the downside
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