Gold Mountain Mining Corp T.GMTN

GMTN needs $3,000,000 May 16

[Ogopogo007]

On May 16, 2019 Bayshore entered into a share pledge agreement with Equinox whereby Bayshore pledged the Elk Mining shares to Equinox as security for amounts owing under the Equinox promissory note, which was issued in connection with Bayshore’s purchase of the Elk Gold Project. If the Company defaults on the payment of the Equinox promissory note, then Equinox may take possession of the Elk Mining shares. The Equinox promissory note is repayable in three annual instalments of $3,000,000 with the first payment having been made on May 17, 2021. The remaining payments are due as follows: $3,000,000 on May 16, 2022 and $3,000,000 on May 16, 2023.

Guess they didn't make that hauling ore out of Elk

JMHO

[eddy0505]

Bought Friday @ .91 - Will wait for my 50 - 100 % return within a year. If goes lower will average down. Confident 

[Theckman1]

They shouldn't have any trouble making any payments since they now have $21m US in cash and have revenue coming in.

[kegman]

They just raised over $18M at $1.25 math whiz.  Put the crack pipe down and take three steps back.  Markets are pummeled, margins are called.  That is why smart investors have cash reserves for times like this.  My 100K shares now are paid for from past profits too.  The gift that keeps on giving.  GLTA.  News will flow soon.  What was the point when the