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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. > Scoping Study ?
View:
Post by Freddy1989Germa on Feb 16, 2024 10:18am

Scoping Study ?

"During Q1 FY2024, the Company continued to review and update the scoping study for production opportunities at Burnakura, following the completion of the Selinsing sulphide gold project in FY2023.

Does anyone know how long such studies take? In March 2024 this review will run for exactly 12 months
Comment by romara on Feb 17, 2024 12:19pm
Remember Freddy, we are not dealing with professional mining people here. Most of these people go back to "Bob" et al, who were just Vancouver stock promoters before they lucked in Selinsing.... and magically turned them into gold mining experts. Did you ever hear the story about "Bob" been taken to the cleaners by another fraudsters scam for 170K? https://www.theglobeandmail ...more  
Comment by Freddy1989Germa on Feb 17, 2024 1:08pm
That's nonsense what you're saying there are mining experts on site, otherwise Selinsing would probably not be so successful "Reviewing and updating scoping study for production opportunities" They have built the new system on Selinsing and it works, isn't that professional for you? What do you actually have against MMY Romara you are only complaining whether they do ...more  
Comment by romara on Feb 17, 2024 1:28pm
Freddy, I'm not talking about the people on-site, what I.m talking about is the head office people... the people who make up reports to be put into NR's..... the managers who actually run the company. We probably have excellent people in the field doing great work. They can report all they want to management, but if management sits on it ..... nobody knows what's happening ...more  
Comment by nozzpack on Feb 18, 2024 2:58pm
This is an internal study much like the final FS study of the FP was done , when upgraded from 2019. It is being done in recognition of and considering the possible mining plans of ODY . It does not rule out an exclusive decision as our Murchison assets are 100 % owned . This is good planning in recognition of the availability of excess cash flows from resumed production  at Selinsing which ...more  
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