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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 Jul 12, 2024 2:03pm
115 Views
Post# 36130563

"Gold stocks breaking out..." but this stock is sadly 🌎

"Gold stocks breaking out..." but this stock is sadly 🌎

"... 

Gold stocks breaking out..."

but this stock is sadly lost in the doldrums with barely any PoP$ Frustrating! Gold Production must improve...!

"... The gold miners’ stocks are surging again, breaking out from recent months’ consolidation. This strong mid-summer price action is confirming their interrupted upleg is still growing. It should have a long way to run yet, with gold stocks still quite undervalued relative to gold. With gold’s fundamentals remaining very bullish and its miners soon reporting their best quarterly results on record, this breakout should accelerate..."

https://www.mining.com/web/gold-stocks-breaking-out/
 

"... 

Gold continues correction after US factory-gate inflation surprises higher..."



https://www.fxstreet.com/news/gold-backs-an-fills-the-spike-of-the-previous-day-202407120840

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