Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s): GMTNF

Metals & Mining Gold

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.

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Gold Mountain Mining Corp

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Post by Theckman1on Aug 19, 2022 2:56pm

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Post# 34908124

Gold may retrace

The charts are showing that Gold is retracing and may go back to the $1,720-30 area (U.S.) based upon the hollow strength of the US$. I would view any retracement as a long term buy opportunity.

The S&P now looks as if it's correcting as well, and retracing a large recent move.

Looking forward to updates from GMTN on the Q3 resource update, and results on recent infill drilling.

All the best,

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2024, a breakthrough year for silver