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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. > Another $2.6 m US in Receivables from Q1 sales in Q2
View:
Post by nozzpack on Nov 29, 2023 2:31pm

Another $2.6 m US in Receivables from Q1 sales in Q2

We delivered   $2.6 m US in concentrate in Q1 whose funds were not received in time for the Q1 report...see Note 5.

Those additiinal funds will be reported in Q2 which will take Q2 Sales above $30 million .

Also the internal FS for the Selinsing mine has indicated that the 150,000 ounces of Inferred Sulphide resiurces ...30,000 ounces inside the current pits ...will be drilled for conversion to mineable reserves.

This should add up to another 3 years of mine life.

In addition, the Inferred just below the pit floor is wide open at strike and dip..
Comment by SilverNS on Nov 29, 2023 3:51pm
We will soon have our $1.00 SP which brings on my retirement even quicker.
Comment by romara on Nov 29, 2023 4:06pm
Silver... I fully retired at 58... 27 years of service, plus my age. I left the military at age 44....43 years ago....   Richard
Comment by SilverNS on Nov 29, 2023 6:31pm
I am 60 and do not know how to retire.  But a $1.00 SP will push me closer to learning how.
Comment by romara on Nov 29, 2023 10:39pm
Silver.... if it gets to a buck.... I will waste it all on wild women........ .....;  Richard
Comment by SilverNS on Nov 30, 2023 7:15am
You are asking for a death sentence.  But it would be fun.
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