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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 Inspired423on May 17, 2023 11:11am
162 Views
Post# 35452462

Mgmt yet to issue guidance after months of production

Mgmt yet to issue guidance after months of production

Why people are celebrating and congratulating a management team which has failed in delivery, burned through $18.5 million without delivering significant cash flow is a mystery; oh wait CEO is a platform full of pumpers.

It's been more than a year since this company has been in "production" and has yet to issue guidance.

This company should not be on the TSX.

 

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