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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 Mar 24, 2022 12:31pm
79 Views
Post# 34541886

RE:WEST GOLD OFFER

RE:WEST GOLD OFFERI have my figers and toes crossed . That kind of offer could stir counter offers or a bidding war .  This company is worth far more than 30 cents . Just imagine what it would cost to replace 2 complete mills . All permits in place .  Plus the years of planning , ordering and the mind numbing permits . 12 years is average now .  I hate to keep using the Ring of Fire example . In a friendly juridiction , they have been at it for 18 years . Broke two very big companies with a third lined up for the same fate .  And they are no closer to getting approval then they were on day one .
   MMY is an unbelievable asset . Just the mills are worth at least $150 million . And both have lots of high grade right outside the door .   All this for under $100 million !?!?  . Never . At least $1 per share or nothing .

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