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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 28, 2024 7:26pm
95 Views
Post# 35959392

“ Gold soars to record highs amid economic uncertainty ⚡️⭐️

“ Gold soars to record highs amid economic uncertainty ⚡️⭐️

"... 

Gold soars to record highs amid economic uncertainty..."

"... Gold futures skyrocketed today, with the most active June contract gaining a staggering $39.40 or 1.78% to settle at $2,254.80. This historic rise comes as investors seek a safe haven amidst growing economic concerns and the prospect of interest rate cuts...."

https://www.kitco.com/opinion/2024-03-28/gold-soars-record-highs-amid-economic-uncertainty

"
... The markets will be closely watching the release of the PCE inflation index tomorrow, a key indicator of the Federal Reserve's monetary policy stance. However, with markets closed for Good Friday and not reopening until Monday, any surprises in the inflation data could lead to heightened volatility next week.

Interestingly, the gains in gold today occurred despite moderate strength in the U.S. dollar, typically a headwind for the precious metal. This resilience underscores the intense demand for gold as a hedge against economic uncertainty..."

https://finance.yahoo.com/news/gold-holds-steady-traders-await-032900385.html

"... It's never a bad idea to spend some time reviewing your investments. And with 
inflation still persistent, if significantly cooled, and interest rates stuck at their highest point in decades, now is as good a time as any to take a closer look at where your money is invested. While stocks and bonds can be smart to have, particularly after recent stock market performance levels, they're not the only investment to consider this spring. ..."

https://www.cbsnews.com/news/big-reasons-to-invest-in-gold-this-april/




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