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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 considers itself to operate in a single segment, being the production of crushed ore, containing both gold and silver, mineral exploration, and development of precious metal resources. The Elk Mine is in south central British Columbia, Canada, approximately 325-km northeast of Vancouver and 55-km west of Okanagan Lake, midway between the cities of Merritt and West Kelowna and hosts a number of known mineralized zones which the Company continues to investigate, develop, and mine. The project consists of approximately 32 contiguous mineral claims covering 22,152-hectare (ha) and two mining leases covering 646-ha.


TSX:GMTN - Post by User

Comment by Windtalkeron May 23, 2022 9:56pm
212 Views
Post# 34702730

RE:RE:RE:RE:RE:RE:Management questionable

RE:RE:RE:RE:RE:RE:Management questionableDo you own shares here?
Yes I do. Far too many to feel comfortable after the latest developments. I am stuck and would prefer not to be holding. All I can do is hope that the 'big money' that stepped in at 1.25 have a plan on ROI.


And I'm sure it's much higher than where we are at today.
I wouldn't jump to conclusions on that, but at the end of the day it is what it is.

This will be my final post on this matter. I'm not here to debate nor do I have any agenda other than to share my feelings on the 'character' and 'maturity' of Mr. Smith. The way the financing was handled speaks volumes. If it doesn't matter to you then so be it. It matters to me. With respect to the request for an almost doubling of options to the inside players at the upcoming meeting, if that does not matter to you so be it. It matters to me. These guys are now collecting some serious pay checks. How serious will be revealed soon enough. I'll go out on a limb and say they will be compensating themselves generously. Given that they are no where near the 65,000 oz, individuals who are truly aligned with shareholders especially in a rocky market would dial back on the options and be happy with a salary until they get to where they need to be to justify such lofty compensation. You don't get your cake and eat it to Mr. Smith, Mr. Woo and the other good knights of the Round Table. Or do they? I see some red flags here and that is the end of my story. Best to all and keep your eyes open



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