Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by GoldenPolarBearon Apr 07, 2024 10:08am
77 Views
Post# 35975451

RE:Is the Gold Mountain shares rally just getting started ⬆️ 🆙

RE:Is the Gold Mountain shares rally just getting started ⬆️ 🆙

"... 

Gold prices are soaring and the mining stocks are just starting to catch up..."


Will these shares finally start to actually POP in 2024?


https://www.marketwatch.com/story/gold-prices-are-soaring-and-the-mining-stocks-are-just-starting-to-catch-up-9d2d1535

Lest we not forget that China is loading UP on Gold and has been for 17 months!

https://www.bnnbloomberg.ca/china-pboc-buys-gold-for-17th-month-as-prices-hit-record-1.2056046

"
... China’s central bank purchased gold for its reserves for a 17th straight month in March, extending a long buying spree that has helped the precious metal’s surge to a record.

Bullion held by the People’s Bank of China rose to 72.74 million fine troy ounces last month, according to official data released Sunday. 

The precious metal has been on a tear in the past two months, hitting a procession of records on expectations that lower US interest rates are on the horizon. Central bank buying has also been a significant driver of its strength since 2022.

Global central banks, led by China and India, continued adding to their gold reserves in February, marking a ninth straight month of growth, according to the World Gold Council...." WoW!

<< Previous
Bullboard Posts
Next >>