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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 > Leadership are non sensical
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Post by Inspired423 on Apr 30, 2023 9:30pm

Leadership are non sensical

One would have thought they would have kept some of the $18.5m PP to pay off the final payment then done a raise so they wouldnt be in this position - yet again. Mgmt should go back to business school and take a lesson in cash flow and balance sheet management. They are fools for letting cash get this low not to be able to make the payment and screw all investors. It is like no BOD director had done this before.  Something shady has gone on.
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