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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

Post by Golddetectoron Mar 31, 2023 12:48am
254 Views
Post# 35371028

Gmtn April events

Gmtn April eventsWe still didn't see the PEA with q1 finished. So we might see this early aril and see new estimate here most likely increased NAV currently we are already very cheap mc/NAV around 7 to 8%. Also we might see q4 results. We only got Jan. I expect 5 to 6 million revenue and close to zero ebtida. Cash position might change with -/+1 million. It will be a record q. We might get Feb and March production updates as well. If they can maintain above 6 gm per ton with same as Jan tonnage we will be in good hands. We know Feb tonnage is less but still 6gm per ton as per last nr. Gl to all.
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