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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 Jul 30, 2023 1:47pm
85 Views
Post# 35563821

RE:RE:RE:Historical Workings of the Tumble Gum Gold Mine, Gabanintha

RE:RE:RE:Historical Workings of the Tumble Gum Gold Mine, GabaninthaIt's possible that Murchison will be sold rather than Selinsing but it is clearly stated to be the cornerstone and Dato has had previous mines in Australia , so he knows his way around there too.

The potential at Selinsing is less than at Murchison when allied with ODY and Stakewell.
It has excellent investor exposure too with consistent strong liquidity.....examine ODY for example ..and 
many acquisition choices that would be highly complementary and nearby.

That does not exist in Malaysia.

Plus our Murchison is currently mostly cheap open pit oxides , highly regarded by the bigger fish.

Dato likes making money which is best done in the early stages of a mine when it is up a running and profitable .

Sell Selinsing to the Prince's family and rapidly develop Murchison .

Astute investing recognizes that time is a risk...
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