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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 GoldenPolarBearon Jan 31, 2024 11:58pm
158 Views
Post# 35856361

« The Chinese are piling into gold as stocks falter and

« The Chinese are piling into gold as stocks falter and

"... 

The Chinese are piling into gold as stocks falter and the property market crumbles

"...
  • China's stock market slump has sent investors, households, and central banks on a bullion binge, FT reported.
  • Investment in gold bars and coins in China grew 28% to 280 tonnes in 2023, the World Gold Council said.
  • The rush to the safe haven asset points to uncertainty around China's financial health...."


https://markets.businessinsider.com/news/commodities/china-economy-stock-market-property-crash-gold-prices-central-bank-2024-1

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