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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. > Cathy Buys 1 million shares at $0.11
View:
Post by nozzpack on Jul 07, 2022 8:13pm

Cathy Buys 1 million shares at $0.11

In December 2021..
Comment by nozzpack on Jul 07, 2022 8:28pm
I think this may have been reported earlier, but reposted in case it wasn't . If it wasn't for the ffing supply chain issues , we would now be commissioning the new Floatation plant. This plant and its 45,000 ounces per year production will be the biggest fundamental development for Monument since the original Selinsing mine opened in 2010. Since then there has been a long and extended ...more  
Comment by Gazoo2021 on Jul 08, 2022 6:24am
Hi Nozz I agree with your comments. I continue to purchase shares as the future looks prosperous. Cathy should be buying 10 million shares at this stage of the soon to be sustained increased production. Without that kind of commitment, a new CEO and Chairman are required.
Comment by romara on Jul 08, 2022 10:28am
They were RSU's, and she exercised  her rights on 31 March 2021 @.11 cents CAD .......   Richard
Comment by Wayned52 on Jul 09, 2022 5:05pm
You would think with one  month to go till the last start up estimate for the new plant MMY would have the common courtesy to let shareholders know if the electrical equiment even arrived . If it`s not on site yet it`s going to be tough to get the mill running by the end of August . 
Comment by nozzpack on Jul 10, 2022 6:39am
The most recent date for completion of the Floatation plant is September, with commissioning ramp up in Oct to Dec. That info is from the June Presentation. Perhaps that has been superseded by new information that I am not aware of in which case your point is quite valid..
Comment by Wayned52 on Jul 10, 2022 2:27pm
Hi nozz , I guess I should have been more clear . We need that electrical equipment installed to dry run different plant segments by the end of August . If that all goes well it will take a least several weeks to get everything up to speed and then there is fine tuning . We don`t even know what`s going on . Why couldn`t we have a monthly update on something as important as this .   My ...more  
Comment by nozzpack on Jul 10, 2022 6:01pm
Thank you Wayne. We are all in the same boat. As I said previously, until we have that Floatation plant into successful commissioning , we don't have any production metrics to promote except 3000 ounces or so which are too little to generate signifucant  earnings. Thats made worse as we have a CEO who lacks industry and technical stature and does not otherwise have the chops required for ...more  
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