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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

Comment by Wayned52on Oct 14, 2021 11:23am
93 Views
Post# 34005222

RE:mmy news out

RE:mmy news outPretty good report about the construction just a day or two after somebody wanted to know why there were no NR`s about construction .  It is on line to be completed July  2022 as stated .  The civil work and foundations and bases are the big thing . Everything else is brought in built , bolted down , piped and wired and if all goes well , away you go . That`s the simple version but basically the civil work is the big deal .
    Cathy , ever the accountant has saved a lot of money by being in charge herself and much of the work is being done in house with MMY employees . All good . Contractors will take you to the cleaners and once they start you cannot hold them to a time line .  Cathy is good watching the pennies but not so good communicating with shareholders .  
   I would have liked to have heard more about the pilot plant . How big is it ? Will it do 100 tons a day or so small as to fit in my basement . It`s going to be used to train people to operate the big plant . That`s a great idea . There is a steep learning curve .  As I have said many times . We really have some problems with the BOD but the people running things at Selinsing mill and mine sites are a hell of a good crew .
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