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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 Mar 15, 2024 6:30pm
115 Views
Post# 35935925

« …Gold stocks strongly outperform after gold breakouts ⭐️⚡️

« …Gold stocks strongly outperform after gold breakouts ⭐️⚡️

When are Gold Mountain Mining shares ever going to actually POP!

"... Finally, cost inflation over the past four years has taken a big bite of margins.

However, gold stocks are in a much better position now that Gold has broken out of its 13-year cup and handle pattern and likely started a new secular bull market. We plot Gold, GDXJ, and the HUI in the chart below. GDXJ is constructed from the MVIS Junior Gold Miners Index, which has data from 2004. I extended the index back to late 2002 with data from an old index of 15 companies..."


https://www.kitco.com/opinion/2024-03-15/gold-stocks-strongly-outperform-after-gold-breakouts

https://www.investmentnews.com/investing/news/clients-asking-more-about-gold-as-yellow-metal-moves-higher-250865

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