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Bullboard - Stock Discussion Forum Elevation Gold Mining Corp V.ELVT

Alternate Symbol(s):  V.ELVT.W.A | EVGDF

Elevation Gold Mining Corporation is a Canada-based gold and silver producer company. The Company is engaged in the operation, acquisition, exploration and development of mineral properties located in the United States. The Company’s principal operation is the 100% owned Moss Mine in Mohave County, Arizona. The Company also holds the title to the Hercules exploration property, located in Lyon... see more

TSXV:ELVT - Post Discussion

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Post by mckayk3 on Aug 27, 2022 7:15pm

What happen?

I have stumbled on this company, and I don't even know where to begin with this one... I can see their AISC is >$2100 so I assume this is the main reason the stock price has tanked, as I can see they continue to dilute to raise capital.

So I am guessing this might be a good one to buy if you're bullish on gold in the medium term.
Comment by ubiquitousman on Aug 29, 2022 1:49pm
Mgt. destroyed 95 % of shareholder value in last year.  Run as fast as you can and don't looks back. Failed company in my opinion.