RE:RE:RE:Which would you rather have?Another grossly undervalued which trades less than its cash is Monument Mines at $0.12.
It has mined out most of the oxides at the Selinsing deposit, so production is not at all impressive.
However, it has decent number of sulphide ounces which, with the new Flostation Plant under construction, will begin mining at about 40,000 ounces per year beginning in mid 2022.
It is developing its Peranghi discovery and close by its Mentique discovery about 10 km north of Selinsing .
It has very high quality advance gold assets in the Murchison district of Australia, which has over 400,000 ounces, owns 20% of ODY assets contiguous with its Murchison assets and is currently in phase 2 of its drilling there.
Its Murchison mill is fully operational and it owns a 110 man mining camp nearby .
So, very cheap but virtually unknown ....that should change as production ramps up later in 2022