GMN

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0.3¢ gold mountain limited

GMN General discussion, page-151

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Drac

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26/05/23

09:17

Post #: 67973769
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Originally posted by Tothemooon: ↑

I think your right mate, I look at it as I hold another stock that had a new Exec Director come in, and soon as he arrived, went 110% on the Li side of house, paused other projects, pushed forward, and within 15 months, went from acquiring to release of MRE along with Scoping studies and permits already being filed.

Management is a massive game changer.

As my opinion, I think there needs to be a tough call about the gold exploration, and if they are actually going to pull anything out of the ground vs what further sampling returns from the Li leases. If the next lot of sampling actually shows potential, Management may find a good path to sell off and capitalise on the gold process and get a decent $ amount or go JV for $$, and then focus on the committed $ to get to mapping out and drilling to bring home that 75% Aquisition.

Due to the fact we are 9km from the Colina Deposit, which started at 13.2Mt at 1.2%, shows the potential that may be under Salinas II.

and if you could get in on that size of a deposit, but a stock price of under 1c, that well is:

Additionally, if they want to keep the focus on Gold, instead of changing areas each year and just producing sampling and drill results, they need a clear plan to present to shareholder of when are where are they going to start getting the gold out of the ground.All just an opinion, DYOR and of course GLTAH

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GMN Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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GMN General discussion, page-151

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GMN General discussion, page-151

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