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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 29, 2024 10:16am
101 Views
Post# 35960016

Gold Mountain Mining shares will POP if …

Gold Mountain Mining shares will POP if …

"... 

  • Gold price appreciates on market bias towards rate cuts possibility by major central banks in 2024.
  • Investors expect three rate cuts from the US Federal Reserve (Fed) in the coming months.
  • Investors await the US PCE report to gain additional insight into the Fed’s interest rates trajectory.

Gold price appreciates to all-time highs near $2,230 per troy ounce, attempting to continue its winning streak for the fifth successive session on Friday. However, trading volumes are light as market participants are likely observing Good Friday. The glitters of Gold are attracting buyers as market sentiment leans toward major central banks initiating an interest rate-cut cycle this year...."

Well with the price of GOLD improving maybe.... $$$


https://www.fxstreet.com/news/gold-price-forecast-xau-usd-reaches-to-all-time-highs-near-2-230-us-pce-eyed-202403290817

https://www.timeout.com/newyork/things-to-do/things-to-do-on-easter-weekend-in-nyc

https://www.abc15.com/entertainment/events/easter-2024-free-easter-bunny-photos-brunch-specials-and-egg-hunts-in-the-valley

https://ca.news.yahoo.com/heavy-rain-flooding-expected-friday-230908694.html


 

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