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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 > Officially a penny mining stock
View:
Post by GripnRip on Jan 16, 2024 11:29am

Officially a penny mining stock

Things were so great when it was run by a realtor...then they brought in mining people
Comment by TELEMARKER on Jan 17, 2024 1:23am
this will be on TMX venture exchange soon. The deposit is very difficult to mine profitably. Perhaps its complexity was underestimated from the start. It may have been inevitable that it would be unfrofiable depite their best efforts.
Comment by GoldenPolarBear on Jan 21, 2024 12:57am
Golden Mountain Mining is in massive financial difficulty and if they don't immediately rectify this ridiculous multi-million dollar debt; being delisted from any stock exchange is the least of their worries because receivership could be the next course of action! Going nowhere fast!  Incredibly Frustrating for investors...! & probably dropping further  Pitiful!