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Bullboard - Stock Discussion Forum 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... see more

TSXV:MMY - Post Discussion

Monument Mining Ltd. > Timely Disclosure
View:
Post by nozzpack on Sep 16, 2021 2:34pm

Timely Disclosure

Timely disclosure is defined by the exchange  as  any material event that can be expected to change the share price.

Monument has been remiss by a country mile on its timely disclosure.

Further, they have a habit of deferring by disclosing material events mostly in the quarterly reports where they are often buried in the back pages or within a much larger context in which significance can easily be bypassed by shareholders.

Lets take the start of construction of the Floatation Plant.

Its was stated to have begun by late August.

If construction did begin on time, a NR issued to that effect would have affected the share price in a positive way.
Likewise, if it did not start on time, that would also have affected the share price in a negative way.

In both cases, a NR should have been issued.

Going forward but not ignoring recent retrospection, we should make note and report any violations of timely disclosure ..
Comment by Wayned52 on Sep 16, 2021 6:29pm
Hi nozz , report to who exactly . ?
Comment by nozzpack on Sep 16, 2021 8:31pm
The venture exchange is regulated by BCSC. The CSA can also be informed as well as the CBCA. There are  requirement for Independance of the BOD, Audit Cmmtee and Compensation Commttees. These, in my reviews, show consistent violations, that if a dozen or more of us sent documented examples to each if the above agencies , we would get a response .
Comment by Wayned52 on Sep 17, 2021 11:34am
Hi nozz , there is one of the problems right there that is unique to Canada . Too many agencies . All of them collecting fat government pay cheques and doing nothing . If I hear somebody call them heroes for working during the pandemic I will projectilre vomit .  If it ever comes to the point that we have to act and I hope it doesn`t , we need to organize enough  that we are all going to ...more  
Comment by romara on Sep 17, 2021 12:58pm
Subject: Heros When I was in the military (army), joined 1952, retired 1980, most of us disliked the term "heros" ..... especially when the "press" originated the term "Highway Of Heros" for the ON 401 between Trenton, and TO ..... heros should be left on the breakfast cereal boxes .....  For the personel, I knew in the "Forces" ..... we were only ...more  
Comment by SilverNS on Sep 17, 2021 1:04pm
Hey Richard  Do not take this personally but I disagree - the Highway is used to honor RCMP/Police/Fire and I would also hope that anyone else who was killed while on duty.  If I had my way I would include any Doctor or Nurse or civilian who lost their lives trying to save/protect the public.
Comment by romara on Sep 17, 2021 3:06pm
Silver.... the one on the 401 from Trenton to Toronto........off ramp of the plane to the Ontario Coroner's Office  in downtown TO. This had nothing to do with anybody else except for our  troops killed in Afghanistan https://www.veterans.gc.ca/eng/remembrance/memorials/highway-of-heroes-tribute-memorial Once the naming started, you couldn't stop the politicians from climbing ...more  
Comment by romara on Sep 16, 2021 7:54pm
NR's cost money ..... money that is available for managements wages and trips .......   Richard
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