Bullboard - Stock Discussion Forum Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s): GMTNF

Metals & Mining Gold

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

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Gold Mountain Mining Corp > « … Gold surges to new all-time high above $2,600

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Post by GoldenPolarBear on Sep 20, 2024 6:38am

« … Gold surges to new all-time high above $2,600

"...

Gold surges to new all-time high above $2,600.."

Gold Mountain Mining needs to actually produce mORE gold before anyone willl...

"... Gold broke through psychological $2600 barrier and hit new all-time high on Friday morning, on track to register clear break higher after the resistance was cracked in post-Fed jump but resisted attack.

The yellow metal shined after market digested Fed’s decision, with prospects for more rate cuts, deteriorating geopolitical situation, growing uncertainty over fiscal conditions in a number of Western economies and ongoing destabilization of the US dollar, boosting its safe haven appeal...."

https://www.fxstreet.com/analysis/xau-usd-outlook-gold-surges-to-new-all-time-high-above-2-600-202409200942