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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

Post by Gazoo2021on Sep 14, 2021 7:26am
132 Views
Post# 33853796

Malaco Take over at most 52 Days away

Malaco Take over at most 52 Days awayWe the longterm shareholders are happy to see this welcome change in direction.

In the past we watched our investment deteriorate due to poor management.

In around 2013 going by memory, we coordinated a campaign and stopped a major financing that was in effect the sale of the company at a fraction of the value.

This was done through this site with a many parties filling complaints to the OSC. We must remain diligent and be ready to react if we are not treated legally or if insiders are in a more informed position then the shareholders.

Soon we will see how Malaco is going to manouvre to monetize its investment in Monument Mining.

A take over offer is the best course of action for Malaco, based on past performance of Monument Management.

I anticipate a $.30 a share offer, and that is a substantial increase to the existing share price.

One thing is certain, something is going to happen soon.


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