Monument Mining Ltd. V.MMY

Alternate Symbol(s): MMTMF

Metals & Mining Gold

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.

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Monument Mining Ltd. > The Market

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Comment by nozzpackon May 29, 2024 5:20pm

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Post# 36063163

RE:The Market

Nice recovery today on over 1 million shares .
Not bad on a down day for gold.

Despite all that was operatiinal negative for Q3, $2,5 M US was added to our cash position which is now over $10 million CAD and no debt.

If the FP ever gets going to breast plate production capacity , Monument will be a pure cash cow which is not only rare, but one of the most attractive metrics of any equity investment .

And, there is the Murchison assets and the JV with ODY.

So, still very much an attractive investment .

I recall C saying that a major update will be released in Mid June.

Hopefully, that will be about most of the operational glitches having being fixed.

GLTA