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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 Apr 06, 2024 11:53am
141 Views
Post# 35974801

Is the Gold Mountain shares rally just getting started ⬆️ 🆙

Is the Gold Mountain shares rally just getting started ⬆️ 🆙

When Gold Mountain Mining produces gold this spring and releases high-grade gold production results from the ELK Project in late June or early July these shares will easily hit .30 cents usd on the OTC! https://gold-mountain.ca/


Can we please keep this our little secret?

"... 

Is the gold rally just getting started?..."


"... We get to close the book on another week and another nearly 5% gain for gold as this rally in record territory appears to be unstoppable.

To be honest, I have been dreading writing this week’s note because of the volatility in the gold market. It feels like anything I write becomes obsolete the minute it is published. Just look at my headline from this morning: Gold price testing support at $2,300 after U.S. economy created 303K jobs in March.

That article was accurate for about 30 minutes, and then the price started taking off, with June gold futures eventually touching $2350 an ounce.

Trying to anticipate gold’s short-term price action has always been a mug’s game. So, looking beyond the near-term volatility, we can clearly see that gold is no longer a U.S. dollar-centric asset; it has once again established itself as a global monetary asset.

Bank of America, one of the most bullish banks on gold at the start of the year, reiterated its target of $2,400 an ounce. The analysts noted that the precious metal is less dependent on U.S. interest rates and monetary policy...."


https://www.kitco.com/news/article/2024-04-05/gold-rally-just-getting-started

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