Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s): GMTNF

Metals & Mining Gold

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.

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Gold Mountain Mining Corp

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Post by Theckman1on Aug 19, 2022 2:56pm

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Post# 34908124

Gold may retrace

The charts are showing that Gold is retracing and may go back to the $1,720-30 area (U.S.) based upon the hollow strength of the US$. I would view any retracement as a long term buy opportunity.

The S&P now looks as if it's correcting as well, and retracing a large recent move.

Looking forward to updates from GMTN on the Q3 resource update, and results on recent infill drilling.

All the best,

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