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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 > Comical Operations from a mgmt team with zero integrity.
View:
Post by Inspired423 on Mar 07, 2023 11:47pm

Comical Operations from a mgmt team with zero integrity.

Watch what happens with this stock the next 2-3 months.  

MGMT will manipulate the PEA by not showing true up front costs to mine.  They will also reflect much less waste rock in their economics than what it truly takes to access the "narrow" uneconomic vein.

One month of production over the course of a year hardly justifies the lies communicated in Q1 2022.  MGMT lies.   Wait for the pending financing.  

Further price manipulation will occur but likely be offset by people cashing in some of their investment just to get the heck out of this gong show of a company.

Misrepresentation still exists.   CEO / COO need to be booted for stealing peoples money in Q1-2 last year on deceitful forecasts.  Still messing around a year later burning cash reserves with no real delivery.  

May payment not met = loss of ownership of mine = SP to $0.00.  Balance sheet is weak and income statement a bunch of manipulation.

Comment by Golddetector on Mar 08, 2023 7:44am
When is PEA coming?
Comment by Inspired423 on Mar 08, 2023 9:02am
They advertised end of Q1 but the PEA has been postphone 4-5 times now.  Still feeding the market the misleading info from their PEA from 2 years ago; which is completely outdated and full of lies.  Again misrepresentation.  
Comment by Golddetector on Mar 08, 2023 9:55am
Thank you sir. So maybe in couple of weeks or couple of months if delayed. Got a bit of time. Thx again
Comment by Inspired423 on Mar 08, 2023 3:09pm
Given their failure to deliver the PEA after several other postphonements, don't be surprised if it's delayed continuously until after a financing. 
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