Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 kegmanon Nov 02, 2021 9:58am
120 Views
Post# 34076718

RE:Exploration

RE:ExplorationMy interest is the low float and the call for no more dilution.  Under 70M shares out.  19,000 ounces production will get ramped up.  $10M after tax is an under statement.  Corporate tax rate is not that high.  I assume $1000 profit per ounce...I allow for $700 cost and $1700 avg price per ounce.  Any tax accountants out there.  I assume there will be write offs for start up and after salaries.........$19M gross leaves only $10M after tax profit ?  Under promise, over deliver!  Lets get past the short term traders and get this going.  
<< Previous
Bullboard Posts
Next >>