Monument Mining Ltd. V.MMY

Alternate Symbol(s): MMTMF

Metals & Mining Gold

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

Monument Mining Ltd. > Cash at $34 million ; Working Capital at $43 million

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Comment by Wayned52on Jul 06, 2022 1:15pm

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Post# 34805545

RE:Cash at $34 million ; Working Capital at $43 million

Just looking at the # you posted . $34 million ! Surely one of the best balance sheets in the mining business .And I think but can prove , a lot of the new construction is paid for . And even with all the trouble we`ve had they still seem to be able to make money . Imagine what it will be like with the new mill and ore bodies . It`s not time to throw in the towel yet . I might be wrong but I don`t think so .
nozz ?

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