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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 Wayned52on Sep 16, 2021 11:17am
42 Views
Post# 33868369

RE:China Evergrande (and its $300+ billion in debt)

RE:China Evergrande (and its $300+ billion in debt)Gold is down because of healthy raises in US manufacturing and retail sales . The party never stops . Along with naked shorting in PM`s and miners . The only industry where you can buy and sell something the doesn`t exist or if you want to short it you have 10 days to borrow the shares by which time you most certainly would have covered the shares that don`t exist . This was all supposed to stop Jan 1st but the big investment banks all over the world agreed to ignore that agreement . So 2% drops in gold in a matter of minutes are becoming commonplace.  On the up tick inflation now means nothing . 
  When you look at the money that China and the US throw around now in the trillions  , $300 billion just isn`t a big deal anymore . There are several people close to that in personal wealth and lots of speculation that Putin has more . 
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