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Elevation Gold Mining Corp V.ELVT

Alternate Symbol(s):  V.ELVT.W.A | EVGDF

Elevation Gold Mining Corporation is a Canada-based gold and silver producer company. The Company is engaged in the operation, acquisition, exploration and development of mineral properties located in the United States. The Company’s principal operation is the 100% owned Moss Mine in Mohave County, Arizona. The Company also holds the title to the Hercules exploration property, located in Lyon County, Nevada, which is a prospective gold exploration project. The Moss Gold Mine is located in Mohave County in northwestern Arizona, approximately an hour and a half drive south of Las Vegas, Nevada. The Moss Mine is mining the Moss vein system, which consists of fault-hosted epithermal quartz-calcite veins with associated vein stockwork. The Moss mine extracts gold and silver from ore via heap leaching. The Hercules Gold Project covers approximately 1,323 unpatented and approximately four patented lode mining claims, covering an area of approximately 10,000 hectares.


TSXV:ELVT - Post by User

Comment by Soccer Playeron Sep 15, 2022 4:26pm
486 Views
Post# 34965390

RE:Elevation Gold Great Play at These Levels

RE:Elevation Gold Great Play at These LevelsDoes anyone think this is a better value now that it is at $14mil market cap?
They say all cap expenditures are complete so now they can start producing and (dare I say) make money?
Their production seems fairly consistant, they got rid of some debt (although they still have debt) so one would think they put themselves in a position to be cash flow positive? Right?

I am thinking this is a bottom with gold at 1,700 it can only go up with continued inflation
I think I will take a starter position and watch this some more

welcome any feedback on a gold mining stock at 0.135 price
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