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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

Comment by PaulKingon Jan 11, 2021 2:04pm
165 Views
Post# 32268379

RE:RE:RE:RE:Monument Sells Megapur

RE:RE:RE:RE:Monument Sells MegapurI've kept this holding in my account for about 8 or 9 years only as a reminder to try hard not do something so stupid again! If history is any indication it will mean that the directors get richer, and/or their friends get finders fees or some other sweet deals. They will find a way to piss away the funds on "future prospects" of something or other officially. Don't hold your breath waiting for any of this theoretical income reaching the investors. That will never happen. You will not ever, ever see a dividend as long as this management team has the reins. They will never sell the company since that would kill their personal golden goose.
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