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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 > Gold may retrace
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Post by Theckman1 on Aug 19, 2022 2:56pm

Gold may retrace

The charts are showing that Gold is retracing and may go back to the $1,720-30 area (U.S.) based upon the hollow strength of the US$.  I would view any retracement as a long term buy opportunity.  

The S&P now looks as if it's correcting as well, and retracing a large recent move.  

Looking forward to updates from GMTN on the Q3 resource update, and results on recent infill drilling.  

All the best,
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