Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Apr 22, 2022 11:28am
107 Views
Post# 34623810

RE:RE:RE:RE:RE:RE:RE:Turning Point

RE:RE:RE:RE:RE:RE:RE:Turning PointYes , before the fee price mentioned was $400 and at the time I said peanuts considering the amounts involved . Something is very odd about all this . Maybe the shares are held in a fund that individuals can`t sell out of . These guys read these boards but are tight with information .
  Anyway it makes little difference to the final outcome .  Dato`Sia is very firmly in control of this company . He doesn`t need to buy it .  If all 325 million shares are voted he controls 15.5% .If you add in the 20 million shares held by directors that I assume wanted him on the board then he has 21.5 % of the vote .  There are already many others who would vote with him and also lots of dormant shares.
So he is very solidly in control . Why would he spend any more buying MMY and take many years to get his money back when just by waiting a few years he will get his $25 million back many times over.
All depending on the gold price of course .
    I`m pretty sure he has no interest in selling Murchison either . Why not let ODY do all the work . In the end they have no mill and very unlikely to be able to get the money to build one . So in the end MMY gets it all .
  Just sayin`
<< Previous
Bullboard Posts
Next >>