Gold Mountain Mining Corp T.GMTN

What a day!

[Acre10]

Huge day for the stock and a massive change in the stocks activity over the last 30 days. Clearly the market wanted to see them deliver ore and get into cash-flow.

[Elliot]

Believe most shares are in stronger hands. If Gold holds above 1882 tomorrow, we should see GMTN to continue climbing up. A bit resistance at 1.70.

[chopperzombie]

Couple months from now 2.20 ish.  Anything under that is a gift from the market.  

[chopperzombie]

Just have to get rid of these weak hands that keep plaguing the stock!

[kegman]

There were buyers in the 1.20 range cashing out and I am betting there are agressive shorters circling back after they were chased out on the last run up.  Some traders like the gamble.  

[chopperzombie]

So if shorts keep attacking then the price will only be kept down and retail investors will turn the other way.  Isn't that how it will go?? 

[goldstd69]

if gold remains firm or rallies more...the shorts will cover

[chopperzombie]

Eventually the calls will come. Not too worried anyhow, fully permitted, producing, in the money, more gold being found in the ground! Could be a multi million deposit. Also wouldn't be surprised to see a bigger partnership with New Gold.   

[chopperzombie]

Has anyone broke down what the payable numbers will be every month assuming the pog is around 1800 oz? I'm guessing the cash flow will be around 4-5 million a month.  Has anyone else crunched down some numbers also ?