Bullboard - Stock Discussion Forum 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... see more

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Gold Mountain Mining Corp > News next week on final permit?

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Post by kegman on Jul 30, 2021 11:46am

News next week on final permit?

Friday is never a good day for good news. Enjoy your long weekend and be ready for a jump next week back to financing levels. The stage is set. GLTA

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Comment by techguy12 on Jul 30, 2021 8:40pm

Check out the latest release they put out regarding and Indigenous update: "While the Provincial review and the corresponding Mine Review Committee process may be coming to a close, Gold Mountain is also aware and acknowledges each respective Indigenous Nation's decision-making process may continue independently from the Province of British Columbia. ". This is looking good for ...more

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Comment by Scottie604 on Jul 30, 2021 8:53pm

These guys keep doing all the right things and it looks like they are working really well with the first nations around their project. I think their permit is going to drop soon. for sure!

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Comment by Acre10 on Jul 30, 2021 9:47pm

Let's go! Was wondering what was going on with the permit. Looks like they're making sure no one's feelings are hurt when it lands. #Bullish.

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Comment by chopperzombie on Jul 31, 2021 1:46pm

Looks like things will work well.... I'm thinking this will head back up in the $3.00 range within the next few weeks ahead. Good luck to all !!!

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Comment by Acre10 on Aug 03, 2021 3:05pm

Looks like the market is intepretting that news release like their permit is imminent as well. The train is about to leave the station!

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Comment by kegman on Aug 03, 2021 3:38pm

Seems like the someone is trying to hold it down a bit with some large offers popping up every now and then to stall the rise. They should not need another financing so quickly. The hurdle will be $2.00. Then I believe it will hover there until they prove they can get things started on time and within budget. It is one thing to prove up a resource but another to run a ...more

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Comment by techguy12 on Aug 05, 2021 10:43pm

I agree with the resistance at $2.00 - i think shorts are trying to stay in the game by wacking this down mid day. I'm not worried at all about them running a profitable mine, they have locked in costs for mining and hauling. If they're mining contractors can't efficiently move material, it would go into their margin and not Gold Mountains. I've never seen a mine structured this ...more

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Gold Mountain Mining Corp