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Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s):  GMTNF

Metals & Mining Gold
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

Gold Mountain Mining Corp
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•••
Post by GoldenPolarBearon May 15, 2024 8:56am
54 Views
Post# 36040718

Gold prices up as U.S. retail sales disappoint with flat🇺🇸

Gold prices up as U.S. retail sales disappoint with flat🇺🇸

"...

Gold prices up as U.S. retail sales disappoint with flat 0.0% reading in April..."

"...U.S. retail sales showed a flat print of 0.0% last month following a downwardly revised increase of 0.6% in March, the U.S. Commerce Department announced Wednesday. The data was significantly below expectations, as economists' consensus calls projected a 0.4% reading in April’s headline number. ..."

I didn't expect flat retail sales this April... Hmmm..

https://www.kitco.com/news/article/2024-05-15/gold-prices-us-retail-sales-disappoint-flat-00-reading-april

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