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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. > How to Reward Patient Shareholders
View:
Post by nozzpack on Aug 09, 2022 1:18pm

How to Reward Patient Shareholders

Sell Murchison to WGC for 34 million WGX shares which are now tracing at $1.30 cad .
Retain 2%NSR and distribute Prorata to shareholders .....receive  1 share of WGX for each 10 Mmy shares.

Thats about $0.13 per share ROC.

WGX is now seasonally depressed but should double by early 2023 not only due to seasonal POG but because it has fundamentals easily worth double the current price, so potentially $0.26 per share for the patient shareholder.

Currently, no asset is given value in our current market cap and Murchison will be much longer in receiving any attention in our market cap.

How can anyone reject this opportunity..
Comment by nozzpack on Aug 09, 2022 2:56pm
What's not to like. Dato would get $6.5 million in WGX shares and probably double that if he waited til fair value. De Trintinian would get nearly $2 million..
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