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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 Theckman1on Jun 22, 2022 7:17pm
156 Views
Post# 34775613

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

RE:RE:RE:RE:2021 NPV $177M US (5%) Windtalker, I have to respectfully disagree with your assessment.  The AISC is LoM, and the startup AISC does not matter at this point.  Ore shipments, amount of tonnage, etc., have not been guaranteed in a binding manner, no securities laws have been broken.  And, what misleading comments have been made?  Resource companies often have to pivot and do things differently to meet their goals (great example is Novo Resources).  I don't see any class action suits there, and check out the price action over the last 52 weeks there.

I agree, I think the help will be greatly appreciated and utilized to our advantage.  Leadership was not happy with the commissioning and made the right steps to 'right the ship'.  
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