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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 Sep 15, 2022 1:00pm
106 Views
Post# 34964768

RE:RE:RE:Confucius Says...

RE:RE:RE:Confucius Says...Theck, I'm looking through today's disclosure and I'm not clear on how they are going to get to profitability. High probability of more $$$ being needed and that's assuming they are on a sound turnaround trajectory. Time for CEO Smith to get back on the promotional stump and bring much needed clarity to the sotuation at hand. That AISC speaks volumes. Still looking for a glimmer of sunshine here. Pretty dark days imho.
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