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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 nozzpackon Aug 10, 2022 4:27pm
132 Views
Post# 34886256

RE:RE:RE:RE:RE:RE:Mengapher..Led Astray by Lies..or just..

RE:RE:RE:RE:RE:RE:Mengapher..Led Astray by Lies..or just..Here is the presumptives about Dato acquiring 30 million shares in 2021.

He loaned De Bonnavile $15 million to buy 30 m shares at $0.50 in 2012.

This was during the  steroidal hype of Mengapher by the megalomaniac  as sufficient to place Malaysia on an exponential growth curve.

So stunned of course that he and his dumb BOD did not realize that they were being sold  a sow's ear for a silk purse.

Dato in 2021 realized that he was not going to be repaid that loan oweing to the collapse of MMY market cap due both to the lead weight of Mengaoher and the inability of the stunned BOD acting like Deer caught in the headlights .

So, at $0.10 per share, he is down $0.40 per share.

All changes since then have emanated from Dato's aggressive restructuring .....of which we have yet to see its inflexion point..
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