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Bullboard - Stock Discussion Forum 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... see more

TSXV:MMY - Post Discussion

Monument Mining Ltd. > Malaco Take over at most 14 Days Away
View:
Post by Gazoo2021 on Oct 14, 2021 7:06am

Malaco Take over at most 14 Days Away

To my fellow shareholders

After  reviewing the Sedar fillings, it`s apparent that the only people who have financially benefitted since 2007 is our Directors and Senior Executives.

That is a 14-year history of prosperous years for a few and 14 years of financial pain for the shareholders.

Back in 2014, GoldMet attempted to get Board representation and failed. Document below.

Now in 2021, it`s important that we vote Withhold to all directors with the exception of Dato.

Dato, with our support and European support has all the necessary votes to take control.

He has the unique opportunity to take actions that we will be beneficial and appreciated by many existing shareholders across Canada, Malaysia, Australia and Europe.

Certainly, an astute person like Dato, is not going to enter this long-embroiled organization to keep it going in the same direction, his reputation and legacy out at stake.

Vote Withhold, buy shares and observe how this firm gets transformed.
 
From the 2014 SEDAR filling

EARLY WARNING REPORT UNDER NATIONAL INSTRUMENT 62-103 1.

Name and Address of offeror: GoldMet B.V. ("GoldMet") Schiphol Boulevard 231 1118 BH Schipol Amsterdam The Netherlands

2. Designation and number or principal amount of securities and the offeror's security holding percentage in the class of securities of which the offeror acquired ownership or control in the transaction or occurrence giving rise to the obligation to file the news release, and whether it was ownership or control that was acquired in those circumstances:

As disclosed in an Early Warning Report previously filed by GoldMet, dated July 19, 2012(the "EWR"), GoldMet currently owns and controls 54,112,500 common shares (the "Shares") of Monument Mining Limited ("Monument") representing 19.67% of the 275,158,030 common shares of Monument currently outstanding.

3. Designation and number or principal amount of securities and the offeror's security holding percentage in the class of securities immediately after the transaction or occurrence giving rise to the obligation to file the news release: GoldMet currently owns and controls 54,112,500 Shares of Monument Mining Limited representing 19.67% of the 275,158,030 common shares of Monument currently outstanding.

This report is being filed to update the EWR in accordance with section 5.2 (2) (b) of National Instrument 62-104 "TakeOver Bids and Issuer Bids" and not in respect of any specific transaction.
Comment by romara on Oct 14, 2021 12:15pm
As I said before "Be careful what you wish for" ..... Malaysia is one of the most corrupt places in the world to do business.......  Richard
Comment by Wayned52 on Oct 14, 2021 7:25pm
Richard , that`s pretty funny coming from a Canadian living in one of the most corrupt countries in the world , lead by a dictator who was elected because the girls love his hair . MMY couldn`t operate as it does if it wasn`t based out of Vancouver . Remember Vancouver ? The money laundering capital of the planet where rich Chinese come to buy real estate with the profits from their slaves back ...more  
Comment by romara on Oct 14, 2021 10:00pm
I never said Canada is a "Perfect Place" ..... you may not like the government..... I personally don't like the government..... but it's sure better then any of the opposition parties..... what a bunch of kittens .... The whole system is based on greed.... "what's in it for me" .... not me personally Wayne.... you said " no politics" As far as MMY goes. ...more  
Comment by Wayned52 on Oct 15, 2021 1:47pm
 No politics Richard .  You said Malaysia was corrupt but I`m saying that MMY operates under Canadian laws and rules with the principals living in Canada . I hate all politicians . The last decent one we had was Lester Pearson .  He had 7 people working in the PMO . Now there are thousands . The one slim ball I did donate to used the money to send his kids to private school . I ...more  
Comment by romara on Oct 16, 2021 11:45pm
Wayne.... I was referring to what someone wants us to have ..... like management run out of Malaysia by a majority shareholder..... I'm not for that. Just had a tiring trip to Cape Breton by air, and rental car from Halifax .... air flight was not bad, but it's the walking around airports.... I'm too old for that ..... down here for a week. Richard ....
Comment by SilverNS on Oct 17, 2021 10:09am
Hey Richard wish I had known you were in Cape Breton as I was just there for the past 3 days
Comment by romara on Oct 17, 2021 11:20am
Yes.... My wife's sister are here, and one in Dartmouth.... she hasn't seen them since Covid, fly out next Friday back to Hhamilton .... driving a BMW SUV.... too many gagets for an old guy.... I hope this is my last LD trip..... too much for an old guy..... cheers Richard
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