GMN 25.0% 0.3¢ gold mountain limited

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  1. 129 Posts.
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    Funny story GMN. As I mentioned previously, to warn people from not investing in this stock, management is arguably the worst in the sector with 0 lithium experience or any other relevant experience. It is clear to me that this is a management lifestyle stock. They hop into a trend (lithium) and get some buzz going. From the results so far, it is clear the Brazilian tenements have extremely low potential for lithium. So what does management do? Hop onto the next big thing: rare earths. This will keep going on and on. Hype, ground works, mediocre to bad results with a nice sauce over it the announcements to make it look like there is lots of potential. Rinse and repeat. They might as well go back to gold this year with higher gold prices.
 
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