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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 Theckman1on Sep 15, 2022 9:07pm
123 Views
Post# 34965883

RE:RE:RE:RE:RE:RE:Confucius Says...

RE:RE:RE:RE:RE:RE:Confucius Says...Yep, Windtalker...dilution is on my mind ;).  Dilution at these levels would be crippling as they would have to wildly dilute at these levels if serious money is needed.  IMO, I believe that mgmt is much smarter than that and will spend accordingly, and bring the money in needed to finance the operations.  

Updates on monthly progression of mined ore and revenues, the Q4 resource update, and bringing confidence back to the market are certainly at the top of my mind.  If additional capital raising is needed in the next 6-12 months then the price needs to be much higher.

All the best, Windtalker
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