Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 nozzpackon Jul 17, 2022 5:31am
93 Views
Post# 34829610

RE:RE:RE:RE:RE:RE:RE:Analyst Coverage

RE:RE:RE:RE:RE:RE:RE:Analyst CoverageYou think MMY current share price decline is an anomaly ?
Check out Karora which imo is an excellent investment.

Its share price is just 1/3 of what it was from its high in late winter.
Check ODY which is just 1/3 of its peak in 2022
Check WGX which is just 40% of its peak in 2022

And, so on.
MMY is not an exception to this combination of seasonal lows exaggerated in the past few months by the Ukraine war consequences.

Fact is, Monument has had nothing but negative fundamentals to report for quite a few years  but we are now on the cusp of regaining our production profile and its concomitant benefits of promotable financial statistics.

Those began when Dato joined the BOD, forced out the megalomaniac, sold Mengapher which gave us the capital to begin rebuilding our fundamentals .

I am no fan of management, as my posts over the past 2-3 years will show and have been involved in the recent efforts for change and better promotion .

We do have a proxy level of promoting right now .

We are held back by three factors.......gold stocks are currently out of favor, management with little promotion skills, and emergent but not quite there yet, production fundamentals .

The latter is close to reality, 
Gold will regain its traditional and seasonal levels
And management with little in the way of promotional chops will be under intense review..





<< Previous
Bullboard Posts
Next >>