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Bullboard - Stock Discussion Forum 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... see more

TSX:GMTN - Post Discussion

Gold Mountain Mining Corp > Still Buying, understanding that prices could go lower
View:
Post by Theckman1 on Jun 18, 2022 12:06am

Still Buying, understanding that prices could go lower

https://www.321gold.com/editorials/moriarty/moriarty051022.html

Take a look at the above link.  All the best,
Comment by Windtalker on Jun 18, 2022 11:58am
I must say that gmtn reaching a low of .15-.20 cdn will be gut wrenching. If they can turn this narrow vein mine into a viable project, no question it will be a buy with both hands. With market sentiment toward the minors as it is, the prudent way to approach this might be to just simply wait for Gold Mountain to confirm that their management team is capable of turning this around. I suspect any ...more  
Comment by Windtalker on Jun 18, 2022 11:59am
Theck, Great article by the way. Thank you for sharing
Comment by kegman on Jun 18, 2022 2:20pm
There is no chance we get that low with nearly $20M in cash.  Lets see where the shorts are and if gold launches like many pros believe...we will get back to the 70's to 80's waiting for them to prove out their plan.  This is typical of every junior that goes from searching to producing.  Skill sets do not transfer easily.  Good that they broughi in seasoned people ...more  
Comment by Theckman1 on Jun 19, 2022 2:00am
@kegman, we have a very shaky banking system with a rising interest rate environment (Canadian and U.S. Banks are actually in better shape than those in Europe and Japan), and this is causing some anomolies in the USD (UUP or DXY) vs. other currencies.  Gold seems to be stuck in a conundrum of what to do at this point, but is acting as a safe haven and has held stronger than I anticipated in ...more  
Comment by TELEMARKER on Jun 19, 2022 3:21pm
options at low share price in the cards