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Monument Mining Ltd. V.MMY

Alternate Symbol(s):  MMTMF

Monument Mining Limited is a Canada-based gold producer. The Company is engaged in the operation of gold mines, acquisition, exploration, and development of precious metals with a focus on gold. It owns a 100% interest in the Selinsing Gold Mine and the Murchison Gold Project. The Selinsing Gold Mine is located in Pahang State, within the Central Gold Belt of Western Malaysia, and comprises the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub projects. Buffalo Reef lies continuously and contiguously along the gold trend upon which the Selinsing Gold Property is located. Both Felda and Famehub are located east and north of the Selinsing and Buffalo Reef properties. It has a 100% interest in the Murchison Gold Portfolio, which consists of the Burnakura, Gabanintha, and a 20% interest in Tuckanarra gold properties, located in the Murchison Mineral Field. Burnakura and Gabanintha are located southeast of Meekatharra, Western Australia and northeast of Perth, Western Australia.


TSXV:MMY - Post by User

Bullboard Posts
Comment by goofenoffon Feb 03, 2015 7:48am
94 Views
Post# 23391396

RE:RE:RE:Maybe he get's it

RE:RE:RE:Maybe he get's itDear guyzoo, I am not as positive as you due to the uncertainty of the Intec process not yet proven on a large scale. I will reserve my judgement til information about the benefit and actual production is achieved. "risk is limited to the expenditures incurred to each stage undertaken" with Monument being able to withdraw and stop costs at stages is certainly a plus in the deal. Should everything work out, the licensing rights for the extensive territory mentioned in the NR could very well work out for Monument in the long run (very long). However, the process needs to be validated which is expected to take until Q3 2016 - A LONG WAIT.  As long as building a mine to production.
 I guess that is what it takes to have ANY production from sulphite gold concentrates with Baldock in the drivers seat. ugh. goofy
Bullboard Posts