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Elevation Gold Mining Corp V.ELVT.H

Alternate Symbol(s):  V.ELVT.WT.H | EVGDQ

Elevation Gold Mining Corporation is a Canada-based gold and silver producer. The Company is engaged in the acquisition, exploration, development and operation of mineral properties located in the United States. The Company’s principal operation is the 100% owned Moss Mine in the Mohave County of Arizona. The Moss Gold Mine has a land position in the Oatman District, which covers approximately 165 square kilometers. The Moss Mine is mining the Moss vein system, which consists of fault-hosted epithermal quartz-calcite veins with associated vein stockwork that are younger than and cut across the Moss quartz monzonite porphyry host rock in the vicinity of the mine. The Moss mine extracts gold and silver from ore via heap leaching.


TSXV:ELVT.H - Post by User

Comment by kukamanon Nov 03, 2021 11:33am
221 Views
Post# 34082338

RE:New Management needed

RE:New Management neededI totally agree. The new management team seems overhyped. You just have to look at the chart. Down more than 50% since they took over. If I am not mistaken this has to be one of the worst performing junior mining company in that timeframe.

The way things are going they obviously have to stop drilling like crazy, they do not have the money anymore due to two bad quarters. A private placement at these prices has to be avoided imo.
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