Gold Mountain Mining Corp T.GMTN

MD&A

[TELEMARKER]

Q1 2023 CONSOLIDATED FINANCIAL AND OPERATIONAL HIGHLIGHTS
Financial Highlights Quarterly revenue of $3,706,423 with a gross profit of $925,420
Working capital balance of $15,069,119 at April 30, 2022
Closing cash balance of $18,819,693 at April 30, 2022
Loss and comprehensive loss of $237,816 and adjusted EBITDA1 of $526,949

Operating Highlights Crushed ore production of 1,987 ounces of gold
Crushed ore sales of 1,898 ounces of gold at an average realized price1 of $1,930 per ounce
Mined ore production of 15,063 tonnes at a grade of 4.24 grams per tonne (“g/t”)
Cash cost per ounce of crushed ore sold1 of $1,379

[TELEMARKER]

Operating Results                                        2022      2021 Ore mined and crushed (t)                         15,063       - Waste mined (t)             

[Windtalker]

The strip ratio is unacceptable

[TELEMARKER]

Ok results for first quarter of production Alternative could be underground Barkerville Osisko  CARIBOO GOLD PROJECT (gov.bc.ca)

[Theckman1]

Osisko has a $1B market cap.  I could see it doubling in the next few years, but I see a 5-10x opportunity here with GMTN.  Bought 17k more shares today at an average of .422, with one 5k block coming in at .3982.  Crazy good!  Keep it coming.

[Windtalker]

Theck, A fellow working at New Afton claims zero ore delivered from Gold Mountain this past week. 

[Theckman1]

Windtalker, I read the other site but find little value there.  It's mostly a moaning and groaning site w/o real facts.  I'm not concerned about if there is ore there everyday in a pile as they work through their optimization processes.  They will optimize and this will be very successful.  High grades, low costs, iptimizing performance, all while they make money. 

[Windtalker]

You are a breath of fresh air Theck. We can really use that right now. Your unbridled and unfaltering optimism is most appreciated. There is nothing more I would like then for you to be right. Until next time.

[Theckman1]

Thanks, Windtalker and I certainly do appreciate anyone's input that counters mine wrt this story.  Mining is a challenge but GMTN has everything going for it.  Not that there won't be challenges, disappointments (see the current share price), etc.  I have learned over the years not to fall in love with a stock.  However, in this case I see Value.  The stock price