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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 is engaged in the production of crushed ore, containing both gold and silver, mineral exploration, and development of precious metal resources. The Company’s principal product is crushed ore produced from the Elk Mine. The Elk Gold Property is a 21,187-hectare (ha) land package. The Elk Gold Project hosts multiple gold mineralized zones within the 21,187-ha property boundary. The Elk Gold is a mesothermal, intrusive related, gold vein system. The Elk Gold Project is a past producing high grade gold mine.


TSX:GMTN - Post by User

Comment by Windtalkeron Jun 22, 2022 5:49pm
152 Views
Post# 34775413

RE:RE:RE:2021 NPV $177M US (5%)

RE:RE:RE:2021 NPV $177M US (5%) G'day Theck, As far as material changes in the company I would point to issues around ore shipments and the all in sustaining costs. Sprinkle in an abundance of misleading comments by the CEO coupled with the share price that has gone down the crapper and investors having lost millions and millions of dollars and you've got a legitimate reason for a class action lawsuit. It really doesn't take a lot but in this case there's enough there already. My wish is that it never goes there and these two fellows they just hired with a strong background can help guide them through this. They need help. 
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