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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 Jun 22, 2022 3:12pm
147 Views
Post# 34774907

RE:2021 NPV $177M US (5%)

RE:2021 NPV $177M US (5%) Theck, Have you personally spoken to anyone at the company recently. I'll and many others are reaching out but getting no response. This is not a good sign on any level. I'm curious if you've spoken to them and if you have what words of reassurance have you received. Personally, I am very surprised we haven't heard a breath or word about a class action lawsuit yet. Attorneys like to jump on these things as quickly as possible as Gold Mountain does have some cash in the bank. It's not like the attorneys will be drilling a dry hole. There's money they can get out of this and return some of it to shareholders. I truly believe it would benefit the company if their CEO Kevin Smith would step forward and speak to the shareholders directly. At a minimum issue a letter of reassurance that the company is on track and give some insight and foresight. It would be the right thing to do.
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