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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 Jul 27, 2022 10:01am
99 Views
Post# 34853455

RE:Bought more today at .22 US

RE:Bought more today at .22 USYou make a very good point Theck. I can't shake my disdain at how they value communicating with shareholders, retail of specific concern. Those selling at these levels are justifiably concerned due to a complete and total absence of info/guidance from the company. GMTN could mitigate the selling with a simple supportive release, but they opt for crickets. Not a quality call in my opinion. No need to debate this as there could be legit reasons for their silence. I just hope for all the hopefuls that it's a reason which leads to a positive outcome. With this being a narrow vein system, how they came to an AISC of under 600 bucks is a distortion. Highly improvable they will achieve that figure. Here's to every cloud having a silver lining.
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