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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 Nov 25, 2022 5:16pm
99 Views
Post# 35129187

RE:RE:RE:Hammer Down

RE:RE:RE:Hammer Down Richard , I think it is the average of so many days before the offer . Maybe 30 ?  At any rate if an offer was made now we would be in deep do-do .   I don`t think the other insiders would stand for an offer of 7 cents .   There is also the likelyhood the a counter offer would come in from a miner with some money and lawyers that could straighten out this bizzard share situation in Europe . I`m almost certain most of those shares are held in some kind of trust along with their votes .  But it`s doable .
 When we move to the BCSC I think we will see things happen very quickly .
     Keep in mind that the last few years any M+A`s in mining have been at a pretty small premium . But the shareprice of MMY is just plain silly .
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