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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 nozzpackon Mar 06, 2024 8:31am
109 Views
Post# 35917543

US Banking Report Tommorow

US Banking Report Tommorow It is expected to disclosure significant issues which threatens banking solvency of many banks.
QE in one form or another may be the outcome .

A rapid increase in the POG May be the other.

There will be strong demand  to find open pit opportunities, which represent the cheapest and most cost efficient sources of gold mining.

As POG  increases, there will shortly be a stampede to acquire such open pit properties as there have been extended years will little investment for many of these.

We are very well positioned in this regard, holding some of the best remaining open pit gold deposits remaining in the Murchison gold district .

Even better, we are very well funded such that we can wait for the best development offer.

And we have excellent bait in the form of our ODY JV..
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