Stocks appear to have made their “weekly swing low” as of this morning. This is simply a condition where a weekly candle closes “higher” than the close of the weekly candle prior, and in this case…..within the usual timing band ( these days between 46 – 53 days ) for the cycle to have completed.
Crypto has also made some pretty serious recovery so…It looks like “buy time” to me.
This has undoubtedly been one of the longest / toughest / unpredictable pullbacks we’ve seen in very long time and rightfully so considering all that’s going on in the world but….the charts generally don’t lie and from a technical standpoint – this is all looking relatively normal to this gorilla.
You may want to consider “inching in here” and not throwing the kitchen sinks at this market in general but that being said – I do believe we go on to make the largest returns in the second half of this year, as the big boys “blow the top” off this thing and hand retail the bag once again at much higher prices. Markets don’t roll over like this. We need something euphoric to really convince the masses it’s time to buy…and you know what that means for us – the time to ultimately sell as the average joe scrapes together his last few bucks and buys at the absolute top.
Crypto wise…..you wanna stick with the top ten as seen at www.coinmarketcap.com, as these are coins with very good “use cases” as opposed to so many of the smaller projects that will likely never go anywhere. Ethereum feels like an absolute steal here considering it’s solid place within the defi ecosystem, and bitcoin ( now serving as digital gold for the next generation ) will likely be worth $1 million dollars a coin in the not so distant future.
Have fun gang….keep yer eyes peeled on Russia / Ukraine as….oil will flop back down to 45 bones once this conflict is resolved.
Invest if you’re gonna invest, and leave it at that.
I for one, take my early crypto purchases ( bought a couple hundred Ethereum at 170 bux in 2018 ) as an investment – not a trade.
But if you’re gonna trade – you likely don’t get up early enough. if you don’t “already know” what the market open is gonna look like “prior to the open” well…you need to reset your alarm.
Where are we in the daily cycle? The weekly cycle? What happened in Japan overnight (as they’ve already put in a full day’s trading)? Are we extremely overbought / oversold (use the 21 day RSI)? What news may have come out overnight that may dramatically affect markets? Where’s the U.S dollar at?
All things you need to consider before you even THINK about any specific company’s profit ‘n loss or balance sheet, let alone placing a trade.
You think the big boys are pouring over earnings reports when the market as a whole is totally oversold and potentially in free fall? Common. Seriously….this is one big math puzzle to solve day in / day out…no CNBC news flash gonna solve it for you.
You need to work harder if you wanna do this for a living. It’s work – simple as that.
So on that note….we are waaaaay late in the daily cycle (looking for a swing low, and subsequent follow through to confirm a new daily cycle).
The weekly cycle suggests that this very well may be a “yearly low” and a fantastic buying opportunity ( not today jackass as these are weekly candles ).
We are completely and totally oversold on the RSI. Russia just had it’s victory parade and the U.S dollar has just turned negative as of this writing.
There you go. Not that hard.
I’d be looking for buying opportunities as this looks like capitulation as well (when newbies and retail finally throw in their towels), but that doesn’t mean “today”.
We need to see “confirmation of a trend change” before gettin’ all gitty. I’ll explain later….”or” you could just look it up!
I struggle to find words sufficient to express – just how grateful and appreciative I am to have a mother as wonderful as mine. Through think ‘n thin, my mother has helped me in more ways she may ever know, and provided me with the tools required to survive this crazy world, and…to have made something of myself.
Selfless and with a heart of gold, my mothers unwavering support goes without question, and not a day goes by that I don’t thank my lucky stars to have her.
I love you mom. A single day to celebrate you really doesn’t do you justice. Happy Mothers Day.
From humble beginnings, my mother grew up in a tiny cabin/house on a farm up north, with no heat or running water. Her own mother died when she was only five, and from the tiny bit I “truly” know of it – things weren’t exactly “coming up roses”.
With her father busy working the fields / keeping food on the table for her and her two siblings – it couldn’t have been easy, so at a very early age she set off to the city to chase her own dreams and build a better life for herself.
And so she did. Did she ever.
Through nothing but hard work and perseverance, she and my equally wonderful father went on raise two boys of their own, build houses, buy and sell numerous businesses, take incredible risks, make huge sacrifices – and together create a life for themselves they should be “monumentally proud of”.
I’m monumentally proud.
You done good mom, and I want you to know…..where ever I am on this big blue marble called planet Earth ( or any of the other planets I frequent ) I love you with all my heart, and you are always, ALWAYS right there with me.
When a relatively small group of individuals armed with the most advanced computers known to man control 75-80% of daily trade volume (that’s right – 3 out of 4 trades placed daily are those placed by Wall St. algo/machines), is it really any surprise that yesterday “happened”?
Can you imagine every poor kid with his only 2k / piddly lil trading account jumping in both feet / margined / leveraged to the hilt, thinkin they just made the entry of the century?
It’s sad I know, and I do feel bad for them but….you learn from your mistakes, as I can say from experience – having made many over the years.
I can only assume the big boys took this opportunity to take candy from a baby, as billions poured into markets after the Fed chatter Wednesday afternoon. The U.S Dollar retested and went a wee bit higher ( running all stops on trades placed Wednesday afternoon ) and stocks inversely did exactly the same thing.
These turns don’t happen on a dime, especially one as significant as this….as we look to make the final leg up in this ridiculously overblown nonsensical market – you think the big boys are just gonna let you jump onboard day one?
I guess to a certain degree – we all think we know a lot.
Years of staring at charts and indicators. Countless hours pouring over numbers and equations culminating in the idea that…we’ve got this all figured out. And that’s all well and good until of course, we stumble across something that we “don’t know”.
Don’t Be A Fish – You Might Just Get Snagged
Something so outside our current level of understanding, something so outlandish / incredible that we just can’t wrap our heads around it. So in turn, we simply dismiss it and revert back to the safety of those things we feel we “do know”.
Personally, I find wonderment in the things I don’t know. It’s this “not knowing” that keeps me digging, keeps me pushing, keeps me alive. It’s what keeps me humble.
As we get older I think it gets easier and easier to to simply say “hey I know what I know…and that’s enough, don’t go changing it all up on me – I’m good” – but there’s a danger here.
Today’s world of technology is moving at an exponential rate, meaning things don’t just get faster, smarter, taller, smaller bit by bit. They move by 10s, then 100’s, 10,0000, then 100,000,000 so if you don’t jump onboard at some point early enough…..you’re gonna miss it.
Our current financial system is on the brink of “colossal change”, with digital assets such as Bitcoin and Ethereum leading the charge. Embrace the things you don’t know or understand. Learn more. Push harder.
Do you think fish have any possible concept of biological beings thousands of times larger then themselves, breathing air, walking on land – armed with apparatus designed to “snatch them from their world” floating only inches above their heads? Yet here we are.
Before I even start…..quickly ask yourself “what person under the age of 40 do you think will ever EVER EEEEVER in their lifetime consider buying gold?” Go ahead…ask your kids…ask your grand kids. See what they say / know.
Don’t you get it? It’s a dead asset. With the advent of Bitcoin ( a digital gold with a finite supply and no means to manipulate ) there’s not a millennial on the planet that even cares or knows gold’s current price, let alone is “pining away for an entry”.
It’s done. It’s over. It’s been replaced. Stop looking at it and move on.
The U.S Dollar Topping out as I write. You serious can’t make this up. I come out of hiding / throw out a bone and literally “nail it on the day”? It’s the same thing over ‘n over ‘n over n’ over.
When RISK is off ie…..Russia blowing the shit out of Ukraine and the continued fallout of millions of people out of work due to Covid, people freak out and “sell their assets” = right? So which currency do you think benefits from this “macro move”? Do I need to spell it out? UUUUU….SSSSSS…..DDDD.
So………
When RISK is back on…..it’s simply the opposite. US Dollars flood “out of people’s bank accounts” and “in to stocks / crypto / risk assets in general” ya? You get it? There’s really only one trade…fear = usd up / greed = usd down.
I assume The Fed does it’s thing on Wednesday, fear subsides and it’s all rainbows ‘n sunshine for the rest of the year. Maybe we get outta dodge late November, but let’s take things one step at a time.
You can ask me questions you know…don’t be afraid. I don’t bite – hard.
So I’ve finally stepped out of the jungle ( all be it concrete these past few years ) and made my way back to the beach, and it feels great. Life as it should be with birds chirping, ants crawling and the renewed sense that…. all will be O.K. It’s been quite some time since I’ve bothered to post, as Covid ran it’s course and the wonderful world of crypto currencies finally hit it’s stride.
I may be a little rusty = forgive me in advance.
As you may recall back some 4 years ago – I may have suggested it a good idea to grab yourself a bitcoin or two, and that we would “never” see these levels again. Well….here we are. I haven’t sold a single thing.
So what would you say if I suggested that “once again” we find ourselves at a time and place where Bitcoin and the “entire crypto currency sector” will defy the odds, quiet the “nay sayers” and double / triple / 5X over the next coming years? Lemme guess…..it’s a scam right?
When entire countries are now moving to accept crypto as legal tender, when every second advert on CNBC / Bloomberg is for another crypto card / ETF / fund, when public traded companies such as Coinbase trade on the New York Stock Exchange what? It’s a scam right?
Right.
Maybe you live in a tent, behind a shed, behind your grandparents trailer.
Aside from the current adoption rate of crypto currency “dramatically eclipsing” that of the internet ( you remember when there WAS NO INTERNET? ) the timing / entry here comes along side the absolute MAX PAIN we are currently seeing in my ol friend…you guessed it – The U.S Dollar, now at unsustainable levels and banging it’s head on 103.50.
When USD rolls over here in coming days – you are gonna see something incredible, and I will “once again” be here to give you shit about not taking advantage.
Don’t make the same mistake twice….I implore you. Your grand kids will thank you – of that you can be certain.
Stunning gold and silver intercepts in its most recent announcements!
To move these discoveries forward, one of the world’s leading mine development companies is now on location, pushing ahead of a planned production launch this year!
Company reports multiple intercepts yielding incredible gold and silver mineralization…as much as ten-times higher than cut-off grades!
One intercept logged an astonishing 216g/ton Au assay believed to mark a potential million-ounce vein!
These recent exploration intercepts come on top of its previously disclosed half-million-ounce gold equivalent resource!
Independent (NI43-101) analysis puts the company’s pre-exploration net present value at $212 million…that’s over 2.5-times current market cap!
A recent $10 million private placement locked down capital resources for advanced exploration, resource development and commencement of mining activity by Q4 2021!
There’s still time to get in on a bonanza…this could be among the biggest finds in decades!
If you’re looking for a record-setting growth opportunity, then get started on this now!
JDS MINING, ONE OF THE WORLD’S LARGEST MINE DEVELOPMENT AND ENGINEERING COMPANIES, IS ALREADY ON SITE DOING PRE-FEASIBILITY WORK!
An Urgent Note to All Growth Oriented Investors:
Don’t let this one get by you. There’s still time to act.
Gold Mountain shares have already climbed around 80% this year as news of its progress spreads. But with these recent exploration results the current trading range could be simply a launch point!
Now is the time to investigate the potential. Gold Mountain remains at entry-level prices, yet for now still remains under the radar. That can’t last long…especially now that JDS Mining is on site moving forward with a mine development plan.
JDSMining signals the early-entry opportunity. Now is the time to act!
JDS is one of the biggest, most respected mine engineering firms in the world. It reports dozens of mining operations underway worldwide, covering North and South America as well as Africa and Australia. For this company to be on site at Gold Mountain’sElk GoldProject speaks volumes to the potential. Don’t overlook what this means.
Resource investors follow JDS like hungry puppy dogs looking for early-entry opportunities. Their presence on the Gold Mountain project indicates something big may be on the way, and that makes this an especially urgent opportunity.
Could Gold Mountain Mining be on the brink of a breakout?
If so, the launch could trace out a rocket trajectory!
Exploration companies on the threshold of major discoveries can yield stunning gains when you catch them early. Triple-digit, even quadruple-digit gains are not uncommon. That’s why getting started on your due diligence into Gold Mountain Mining (TSX.V: GMTN) is so urgent. You want to be in front of this as news gets out and most importantly, before the company begins gold (and silver) production.
How big could this get to be? It can be stunning!
Early Great Bear investors pocketed over 1,600% gains!
Here’s what happened in similar circumstances. Shareholders made fortunes from companies like Great Bear Resources that rocketed from around $1 to over $16 as news of its growing resource base was made public!
Another example, Kodiak Mining shot up over 600% on its own Canadian gold and copper discoveries! Hopefully, you get the idea. Companies like these can be massive money-makers!
By bringing in JDS Mining to begin pre-feasibility work, Gold Mountain signaled aggressive, advanced-stage development of its Elk Gold Project in British Columbia.
Don’t ignore this signal…it could make a fortune for you!
Act quickly though. Gold Mountain management reports it could be producing gold before the end of this year. They’re making substantial progress toward that goal:
Gold Mountain has locked in mining costs with a very well established first-nation majority owned mining contractor. This contractor is scheduled to begin work later this year and will provide all transport services for the delivery of gold ore to the buyer.
Gold Mountain locked in an ore purchase contract with a major $1.4b market cap buyer. Under the terms of the contract, Gold Mountain controls the scale and assay labs for evaluating ore prior to delivery and once delivered will receive payment within 17 days.
Gold Mountain intends to begin mining site preparation work in early May, building new roads, upgrading water management, site facilities and commencing waste rock removal in preparation for ore recovery. This is important because when the mining permit arrives, ore recovery can begin immediately with revenue flow quickly following.
These are largely surface mine development activities. In the same time frame, JDS will be on site engineering and planning for commencement of underground mining that targets the Elk Gold Project below surface resource potential. Once underground ore recovery is launched, Gold Mountain expects to see a significant increase in the scale of production and resource calculations that can accrue to shareholder value.
As for current shareholder value, Gold Mountain may already be significantly underpriced.
The company reports a half million ounces of gold resources already located…yet its stock still trades at roughly one-third of the pre-tax net present value (NPV) of those resources.
That valuation comes directly from an independent 43-101 report filed last year and investors have taken notice…shares have been climbing steadily since Q3 last year.
On 10/31/2020, Gold Mountain Mining was trading at 46¢ Canadian. As of 3/31/21, shares rose hit $1.28, though some early profit trading triggered a buy opportunity that you can take advantage of today! Most important, this appears to be just getting started. For comparison, Great Bear Resources launched from around a dollar and eventually cracked $16!
Clearly, an investor looking to profit from this discovery should act without delay.
Should this trend favorably, it could mean big gains for early shareholders. Despite currently trading as a low-priced-stock junior, Gold Mountain Mining (TSX.V: GMTN) has launched operations well ahead of a typical of early-stage junior.
They already know there’s gold in the ground…and lots of it.
Gold Mountain Mining (TSX.V: GMTN) reports that thanks to previous exploration and mine results, over a half million ounces gold resources are reported at the Elk Gold Project site.
These kind of resource figures are almost unheard of among entry-level junior gold companies.
Now, following recently announced exploration results, it appears that half-million ounces could be just a starting point.
On March 10, the company announced results from its Phase 1 Drill Program. (Now published on the company website.) The numbers were extraordinary. From a cut-off grade of 0.9 grams/ton gold (Au), assays on over 39 meters of core averaged 4.99g/t gold assays…over five-and-one-half-times cut-off grade!
While it is too early to make resource estimates from these data, experienced geologists are seeing signs that this could be a million-ounce deposit or greater!
This is why a world-class mine engineering company like JDS was quick to move on site. The potential here appears to have enormous financial implications that could, as this plays out, substantially multiply a Gold Mountain Mining (TSX.V: GMTN) shareholder’s long-term gains!
Keep in mind, junior exploration companies rarely have the talent and cash to go beyond discovery.
That’s just not the case here. The fact that JDS is now on site and that $10 million has just been raised to proceed with site development sends urgent signals to consider the investment potential in Gold Mountain without delay.
If you are looking for outsized profit opportunity in gold, it doesn’t get more promising than this.
Important Note: Information on past production is pulled from the Elk Gold Technical Report entitled “NI 43-101 Technical Report Preliminary Economic Assessment (PEA) on the Elk Gold Project” dated September 21, 2020, effective July 3, 2020 and filed on Freeform Capital Partner Inc.’s SEDAR profile on
The Gold Mountain Mining (TSX.V: GMTN)Preliminary Economic Assessment (available now through the company website) for the Elk Gold Project projects the company in positive cash flow within a month of launching mining operations.
This is not a pipe dream. The company is well financed through that $10 million private placement to carry through with its plans for gold production. If things go as charted, Gold Mountain Mining (TSX.V: GMTN) could be selling gold ore concentrate in Q4, 2021, which is why Gold Mountain shares today could be hugely undervalued in context with the company’s 2021 development plans.
Now is the time to get started on Gold Mountain. With a massive $10 million private placement already on the books, everything is on track for gold revenue to begin flowing Q4, 2021.
Could you profit from this news? Absolutely!
However, the opportunity to grab a ground floor position may be fleeting. With a $10 million equity deal in the books and 500,000 ounces of gold resources in the ground, Gold Mountain is not likely to remain off-radar much longer.
As soon as equipment starts rolling in and groundwork gets underway, investors who closely follow British Columbia gold and silver mining projects could come swooping in. You can anticipate that share prices move rapidly through 2021 as resource updates and mining activity reports are released.
Now is the time to get in front of this and here’s where to start with your due diligence.
Go to the company website. Register your email address. Stay ahead of the news. www.gold-mountain.ca
Here’s another reason why Gold Mountain Mining’sElk Gold Project could rocket at any time now.
It sits in British Columbia’s prolific gold-bearing geology…surrounded by ongoing exploration and mining!
To provide perspective over the abundance of valuable minerals being found in the Elk Gold region, the nearby Brenda Mine prolifically produced over decades, totaling:[1]
278,000 tonnes of Copper
66,000 tonnes of Molybdenum
125 tonnes of Silver
2 tonnes of Gold
This is just a piece of the gold mining activity that permeates the entire British Columbia province. Since the first gold rush in the latter part of the 1800s, at least 24 separate gold rushes have been recorded in British Columbia.[2] It has only been in recent years with soaring gold prices and modernized mining techniques has gold mining resurged.
Many of the prospects that abound in British Columbia have a solid history of exploration activity and resource calculation.
The Elk Gold Project stands out, not just for its current resources, but for its history. Mining on the site dates back to 1992 when 51,000 ounces of gold was produced…worth nearly $100 million at today’s gold price. But in the 90s, gold traded under $390/ounce…roughly one-fourth what it trades at today. Untold resources in gold were left in the ground as being uneconomical to produce.
The Elk Gold Project is a fully developed mine site with close access to essential infrastructure, supplies and labor. Gold Mountain Mining (TSX.V: GMTN)reports that the site can be brought into production very quickly and at relatively low cost compared to other sites where surface development is not nearly as advanced.
Fast forward to 2021 and its an entirely different picture. Gold trades over $1,950/ounce and mining technology is light years ahead of three decades ago.
Mining at Elk Gold is not only economical now…it could be wildly profitable.
On top of the 500,000 ounces in known resources, the exploration potential at the Elk Gold Project could yield millions more ounces in future discoveries, plus other metals like silver, molybdenum, and copper.
The exploration potential at the Elk Gold Project has only begun. This region in British Columbia is already well known for its potential for significant recoveries of gold, silver and other valuable metals. Geologists and the investors behind Gold Mountain believe much more remains to be discovered at the Elk Gold Project site. Private investment has already put up $10 million to prove it!
With mining production scheduled for Q4 of 2021, Gold Mountain management projects it will generate sufficient free cash flow off gold sales to pursue aggressive development exploration into 2022. This could be hugely significant for an early Gold Mountain investor who adopts a buy-and-hold strategy.
And there’s the key…get started with your due diligence now. This could be a massive, wealth-building win for your portfolio.
The provincial government of British Columbia reports that is is “a national leader in mining and mineral production. B.C. has vast deposits of copper, molybdenum, gold, silver, lead, zinc and more than 30 industrial minerals.”Source
You can access a free download of Gold Mountain Mining’s current 59-page investor presentation deck here.
Get started with a visit to the company website. Download Gold Mountain’scurrent Elk Gold Project Presentation Deck for an in-depth look into the company’s development plans.
This is the same deck that was presented for securing the $10 million in private placement funding! It’s a must-read for any potential investor! It’s packed with valuable information and important disclaimers that are essential for any prudent investment decision.
While on site, be sure to register your email address for future news and updates.
Consider contacting your broker to put Gold Mountain Mining (TSX.V: GMTN) on your watch list. In fact, consider getting some skin in the game while Gold Mountain shares continue to trade at what could be a fraction of its long-term potential.
Most important, don’t set this aside. British Columbia is being scoured for investment opportunities by aggressive resource investors. Gold Mountain remains off-radar, but that could end at any time.
Here are six important facts to keep in mind as you start your research.
Gold Mountain Mining’sElk Gold Project kicks off with 500,000 ounces of gold resources already quantified.
The company is well-financed with $10 million to carry it through to its gold production target date of Q4, 2021.
The company has aligned itself with strategic partners to create cost certainty in their mining, hauling and ore purchase processes.
The company’s Preliminary Economic Assessment (published in the investor deck) projects free cash flow within one-month of first gold production, which self-funds ongoing exploration activity.
This region of British Columbia has a long history of prolific mining activity and is now in the midst of a modern day gold mining resurgence. Additional exploration at the Elk Gold Project could greatly multiply its resource figures and future gold production, which would accelerate shareholder value.
Unlike other junior gold opportunities… Gold Mountain Mining (TSX.V: GMTN) plans to fully develop the potential of the Elk Gold Project by carrying through to mine production. This accrues the full value of all discovered resources to shareholder value!
AND HERE’S A BONUS REASON THAT SHOULD NOT BE OVERLOOKED!
JDS Mining, one of the world’s leading mine development and engineering company is already on site doing the pre-feasibility work that precedes mining activity. JDS’s presence at the Elk Gold Project greatly elevates the project’s visibility to resource investors. Gold Mountain Mining (TSX.V: GMTN)could already be lighting up radar screens!
Get started now…this could be one of the biggest wealth-building opportunities you can find in the market today. Go now to: www.gold-mountain.ca
A modern day Canadian gold rush has triggered multiple 10-fold++ charts in new gold and copper country!
The profits have been stunning and there’s still opportunity to get in front of a trend that has investors pouring into Canadian elephant country!
Early Great Bear investors pocketed over 1,600% gains!
Shareholders already made fortunes from companies like Great Bear Resources that rocketed from around $1 to over $16 in just two years!
This was no fluke. Kodiak Mining shot up over 600% on recent Canadian gold and copper discoveries as did XXXX Mining, which just hit a ten bagger for its early-in shareholders!
Did you miss these early starters? Well, don’t miss this one.
British Columbia has emerged as an epicenter for what’s become a modern day gold rush into western Canada. Millions of ounces of gold have already been discovered…and the resource figures are still climbing. Investors securing early positions are pocketing fortunes and this rush is not over yet.
You can still get in on this. Here’s an advanced development prospect that could post huge gains for investors who act now.
Gold Mountain Mining (TSX.V: GMTN) has moved aggressively on the advanced-stage Elk Gold Project in British Columbia. You should act quickly on this one because this project could be producing gold within four quarters.
What makes this so promising is that Gold Mountain has taken over this project with a half million ounces of gold resources already located…yet the company’s stock still trades as if it were an early stage junior just starting at exploration.
As of 10/31/2020, Gold Mountain Mining was trading at a paltry 46¢ Canadian!
This can’t last long. An investor looking to profit from this discovery should act on this news without delay.
The Elk Gold Project has been off-radar for years, but now that Gold Mountain Mining (TSX:V: GMTN)has moved on site, this project is staged for sensational results as news is released that could fuel rapid share price movement.
Should this trend favorably, it could mean big gains for early shareholders. Despite currently trading as a low-priced-stock junior, Gold Mountain Mining (TSX.V: GMTN) has launched operations well ahead of a typical of early-stage junior.
They already know there’s gold in the ground…and lots of it.
Gold Mountain Mining (TSX.V: GMTN) reports that thanks to previous exploration and mine results, over a half million ounces gold resources are reported at the Elk Gold Project site.
These kind of resource figures are almost unheard of among entry-level junior gold companies.
If valued as reserves, those resources could reasonably put the mineral valuation of this prospect 10-times what Gold Mountain trades at today. The reason this is possible…and this is critical to understanding this unique opportunity…Gold Mountainis planning on producing gold by the end of 2021!
This has enormous financial implications that can substantially multiply a Gold Mountain Mining (TSX.V: GMTN) shareholder’s long-term gains!
Keep in mind, junior exploration companies rarely have the talent and cash to go beyond discovery. Exploration juniors simply prove what gold is in the ground, then sell out to the mining producers who buy the unmined assets at a fraction of the prevailing gold price.
With gold at around $1,950, an ounce of gold in the ground may be worth only $50/ounce to a buyout prospect.
With gold at around $1,950, an ounce of gold in the ground may be worth only $50/ounce to a buyout prospect.
But, when that gold is mined and brought to surface, it can be priced at full value! That can be a huge multiplier to shareholder value!
Important Note: Information on past production is pulled from the Elk Gold Technical Report entitled “NI 43-101 Technical Report Preliminary Economic Assessment (PEA) on the Elk Gold Project” dated September 21, 2020, effective July 3, 2020 and filed on Freeform Capital Partner Inc.’s SEDAR profile on September 24, 2020.
If you are looking for outsized profit opportunity in gold, it doesn’t get more promising than this.
Gold Mountain Mining (TSX.V: GMTN)Preliminary Economic Assessment (available now through the company website) for the Elk Gold Project projects the company in positive cash flow within a month of launching mining operations.
This is not a pipe dream. The company is well financed through private equity to carry through with its plans for gold production. If things go as charted, Gold Mountain Mining (TSX.V: GMTN) could be selling gold ore concentrate in Q4, 2021, which is why Gold Mountain shares today could be hugely undervalued in context with the company’s 2021 development plans.
Now is the time to get started on Gold Mountain. With a massive $10 million private placement already on the books, everything is on track for gold revenue to begin flowing Q4, 2021.
Could you profit from this news? Absolutely!
However, the opportunity to grab a ground floor position may be fleeting. With a $10 million equity deal in the books and 500,000 ounces of gold resources in the ground, Gold Mountain is not likely to remain off-radar much longer.
As soon as equipment starts rolling in and groundwork gets underway, investors who are already focused on this modern day British Columbia gold rush could come swooping in. You can anticipate that share prices move rapidly through 2021 as resource updates and mining activity reports are released.
Now is the time to get in front of this and here’s where to start with your due diligence.
Go to the company website. Register your email address. Stay ahead of the news. www.gold-mountain.ca
Here’s another reason why Gold Mountain Mining’s Elk Gold Project could rocket at any time now.
It sits in British Columbia’s prolific gold-bearing geology…surrounded by ongoing exploration and mining!
To provide perspective over the abundance of valuable minerals being found in the Elk Gold region, the nearby Brenda Mine prolifically produced over decades, totalling:[1]
278,000 tonnes of Copper
66,000 tonnes of Molybdenum
125 tonnes of Silver
2 tonnes of Gold
This is just a piece of the gold mining activity that permeates the entire British Columbia province. Since the first gold rush in the latter part of the 1800s, at least 24 separate gold rushes have been recorded in British Columbia.[2] It has only been in recent years with soaring gold prices and modernized mining techniques has gold mining resurged.
Many of the prospects that abound in British Columbia have a solid history of exploration activity and resource calculation.
The Elk Gold project stands out, not just for its current resources, but for its history. Mining on the site dates back to 1992 when 51,000 ounces of gold was produced…worth nearly $100 million at today’s gold price. But in the 90s, gold traded under $390/ounce…roughly one-fourth what it trades at today. Untold resources in gold were left in the ground as being uneconomical to produce.
The Elk Gold Project is a fully developed mine site with close access to essential infrastructure, supplies and labor. Gold Mountain Mining (TSX.V: GMTN) reports that the site can be brought into production very quickly and at relatively low cost compared to other sites where surface development is not nearly as advanced.
Fast forward to 2021 and its an entirely different picture. Gold trades over $1,950/ounce and mining technology is light years ahead of three decades ago.
Mining at Elk Gold is not only economical now…it could be wildly profitable.
On top of the 500,000 ounces in known resources, the exploration potential at the Elk Gold Project could yield millions more ounces in future discoveries, plus other metals like silver, molybdenum, and copper.
The exploration potential at the Elk Gold Project has only begun. This region in British Columbia is already well known for its potential for significant recoveries of gold, silver and other valuable metals. Geologists and the investors behind Gold Mountain believe much more remains to be discovered at the Elk Gold Project site. Private investment has already put up $10 million to prove it!
With mining production scheduled for Q4 of 2021, Gold Mountain management projects it will generate sufficient free cash flow off gold sales to pursue aggressive development exploration into 2022. This could be hugely significant for an early Gold Mountain investor who adopts a buy-and-hold strategy.
The provincial government of British Columbia reports that is is “a national leader in mining and mineral production. B.C. has vast deposits of copper, molybdenum, gold, silver, lead, zinc and more than 30 industrial minerals.”Source
And there’s the key…get started with your due diligence now. This could be a massive, wealth-building win for your portfolio.
You can access a free download of Gold Mountain Mining’s current 59-page investor presentation deck here.
Get started with a visit to the company website. Download Gold Mountain’s October, 2020 Elk Gold Project Presentation Deck for an in-depth look into the company’s project development plans.
This is the same deck that was presented for securing the $10 million in private placement funding! It’s a must-read for any potential investor! It’s packed with valuable information and important disclaimers that are essential for any prudent investment decision.
While on site, be sure to register your email address for future news and updates.
Consider contacting your broker to put Gold Mountain Mining on your watch list. In fact, consider getting some skin in the game while Gold Mountain shares continue to trade at what could be a fraction of its long-term potential.
Most important, don’t set this aside. British Columbia is being scoured for investment opportunities by aggressive resource investors. Gold Mountain remains off-radar, but that could end at any time.
Here are five important facts to keep in mind as you start your research.
The company is well-financed with $10 million to carry it through to its gold production target date of Q4, 2021.
The company’s Preliminary Economic Assessment (published in the investor deck) projects free cash flow within one-month of first gold production, which self-funds ongoing exploration activity.
This region of British Columbia has a long history of prolific mining activity and is now in the midst of a modern day gold mining resurgence. Additional exploration at the Elk Gold Project could greatly multiply its resource figures and future gold production, which would accelerate shareholder value.
Unlike other junior gold opportunities…Gold Mountain Mining (TSX.V: GMTN) plans to fully develop the potential of the Elk Gold Project by carrying through to mine production. This accrues the full value of all discovered resources to shareholder value!
Get started now…this could be one of the biggest wealth-building opportunities you can find in the market today.
With May’s Bitcoin halving event drawing ever closer, Coinbase recently took to pushing the “Bitcoin as digital gold” narrative. In a tweet-storm to promote an accompanying blog-post published Feb. 7, it covered the key reasons why the halving and subsequent supply rate reduction will further cement that link.
btc gold
Scarcity creates value
Since the gold standard was broken in 1971, the dollar’s value has declined and gold’s value, in dollar terms, has risen over 4000%. Gold has more value than similar metals such as copper due to its relative scarcity and difficulty to acquire.
Bitcoin has been designed to be scarce like gold and is very difficult to acquire through the Proof-of-Work process of mining. However, it also has an advantage over gold in being transferable through a communications channel.
Coinbase concluded:
“Armed with a myriad of technological advantages, accelerating development, and maturing global market, Bitcoin is a store of value to rival gold in the digital age.”
Halving increases scarcity
The supply of Bitcoin is limited by design, with new tokens being minted as a reward every time a block of transactions is mined. The initial reward level of 50 BTC per block has already undergone two halving events, bringing it down to the current 12.5 BTC per block.
After the May 2020 halving, mining rewards for each new block, mined approximately every ten minutes, will reduce to 6.25 BTC. This will bring the supply issuance of Bitcoin to a rate of around 1.7% per annum.
Stock-to-flow (S2F) is a measure of new supply rate over total supply, and post-halving, Bitcoin’s S2F scarcity will be on a par with gold’s.
“Gold’s stock to flow is higher than any other metal commodity, and bitcoin is set to soon follow,” notes Coinbase.
Why Bitcoin Has Value
No value without demand
S2F forecasts for the price will fail if there is no demand, and this holds true for fiat money, as much as any other commodity. As central banks increase the money supply, economies can sometimes prosper. However, if money supply overwhelms demand then hyperinflation events can occur.
Such events drive demand for safe havens such as gold and Bitcoin, and recent economic fear is reaching all-time highs, according to the Global Economic Policy Uncertainty Index.
This, along with Bitcoin’s myriad of technological advances and accelerating development, justifies Bitcoin’s title as digital gold, according to Coinbase.
Me? I couldn’t agree more.
Ask yourself this……how many millennials will “ever” “EVER” consider buying Gold?
