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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

Post by Inspired423on Nov 11, 2022 7:02am
403 Views
Post# 35090687

CeO.CA board - beware scammers and pumpers

CeO.CA board - beware scammers and pumpers

Don't trust anything the GMTN mgmt team says. This stock will continue to be diluted at the expense of retail. Money will continue to be mismanaged and thrown at an unprofitable mine just to pay off the mgmt team to extract their initial investment via continued compensation from financings.

GMTN CEO has screwed retail over majorly via misrepresentation in videos. The stock price shows it.

1) Where is the monthly revenue of $3m/m stated in February ?
2) Why has drilling stopped?

3) Why has management been in hiding ? Where are the fancy videos ?
4) Why did Smith dilute everyone when he communicated the exact opposite?
5) Where is the M&A discussed? The financing was supposed to be non dilutive instead it's being thrown at a bust mine.

6) Why is the $27m working capital nearly exhausted?
7) Where is the 43-101 resource estimate due in Q3 now pushed out to Q4? Q4 is nearly over.
8) Why does mgmt get compensated for a failed delivery at the
expense of retail ?

it's due to a complete lack of integrity in the mgmt team who has severely lied to investors on the true status of this non-profitable mine.

Buyers beware of the pumpers misleading people on other chat forums like ceo.ca.

tabulator, hwestreet08, thisistheway, mastermind are all manipulating this stock and likely pushing the agenda of misrepresentation of mgmt.


 

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