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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. > Dato Sia Hok Kiang
View:
Post by Gazoo2021 on Oct 06, 2022 12:18pm

Dato Sia Hok Kiang

When you think of the successful business leaders in your area, does Cathy remind you of any of those people.

When Dato Sia who runs Malaco, a fine tuned efficient operation looks at what is going on, he also must be disappointed.

We went from $.50 a share to $.07 in the last ten years.

Wrote off 100 million for the Megamess purchase that was recently sold for 30 million.
We bought for 90, spent 30 and sold it for 30.

All this was completed while Cathy was a CFO or CEO.

Sorry, we can only go up, once these incompetent people are gone.

Dato Sia with his 55 million shares has a finacial interest in making changes.

A merger with WestGold is certainly one of the better options for all of us.
WestGold having access to the North American market would be a tremendous benefit to them.
Comment by nozzpack on Oct 06, 2022 4:39pm
We have three current or former MMY executives who are listed in the Panama Papers. None of these are Cathy or Dato. We all know that all three were part of the " Veris"  fiasco and bankruptcy who then migrated to MMY where huge sums were dished out to placate and control the voting outcomes to secure the Mengapher acquisition which in retrospect, when all disbursements were doled ...more  
Comment by Gazoo2021 on Oct 06, 2022 6:27pm
Hi Nozz We do not know all the ins and outs to this grouping. We do know that Dato Sia owns 55 million shares and also owns Malaco. We also know he is an astute knowlegfeable mining proffessional. If you were in his shoes, how would deal with your 55 million share investment in MMY?
Comment by Wayned52 on Oct 06, 2022 7:04pm
Gazoo , the next time you go out to lunch with Dato` check this out . I think he`s happy to keep Cathy on as CEO . Why wouldn`t he be ?   What we need is a Chairman who can communicate with the public and shareholders like many companies do . That shouldn`t be up to her .       Why can`t we talk about things that matter ? We just got a nice gross revenue royalty that ...more  
Comment by nozzpack on Oct 07, 2022 3:13pm
I would fire all of the BOD of but Cathy and the technical consultant.....Cathy as she is an excellent CFO. Then bring in top notch internationally well known CEO, become Chairman and  along with 3 other independent directors also internationally well known within the mining and investment community. Then , roll back the shares on a 1 for 5 basis so that we can become investable by funds. ...more  
Comment by Gazoo2021 on Oct 08, 2022 8:16am
Hi Nozz I can see the value in keeping Cathy as a CFO.  Without knowing exactly what transpired between Cathy and Robert at the time of Megamess purchase, makes it's difficult to really assess her competence. One item is clear, should additional positive changes not occur at this AGM, actions need to be discussed by all of us. I have a plan and should have the the time in the new year ...more  
Comment by Wayned52 on Oct 08, 2022 1:28pm
Gazoo ! WOW !  3days ago you would have stuck Cathy`s face into a meat grinder . Now after a few people point out her attributes you are on board .  You do no thinking of your own . You just chant Dato , 55 million shares and stage coutdowns to Dato`s next big non event .  There is no chance any legal action would hold up against this company . They have done nothing wrong legally ...more  
Comment by romara on Oct 08, 2022 3:29pm
You are so right Wayne..... that's the last thing we need is to be stiffed by a large shareholder... ......   Richard
Comment by Gazoo2021 on Oct 09, 2022 9:49am
It's difficult to understand why you would be happy with current management when our $.50 shares are now worth $.06 and they have written off 100 million in equity. We have been stiffed by the current BOD and Executive. Dato Sia is the one person who has a financial interest in turning this around. I agree, we do not want to be stiffed again, by deals that benefit the Chairman and CEO or a ...more  
Comment by Wayned52 on Oct 09, 2022 2:24pm
I have zero interest in anything that happened before Cathy took over . It is ancient history and serves no purpose now .  You want to dig Ted Bundy up an re-execute him . What is the point .  She brought in a brand new mill in the most difficult time since WW2 and it looks like we might have a good sized cash surplus left over . That`s who I want in charge . There are many , many people ...more  
Comment by Gazoo2021 on Oct 10, 2022 8:14am
Hi Wayne I was replying to Richard's posts, he released some personal information. That should not be occurring on a Bull Board. If Cathy were to start buying MMY shares, it would signal a change in direction. I'm certain many of us here would hav a different view should that occur. Considering we pay her $450,000.00 US plus RSU stock plan, most investors would want her to be ...more  
Comment by Wayned52 on Oct 10, 2022 2:42pm
Gazoo , I have big financial loses here and any dividend paid by a miner or a junior miner like West Gold would be embarrassingly small , less than 3% and likely 1.5% and then as another slap in the face you pay tax on the divy . I pay tax on my 3% while the stock goes down 30% or 50% . Not much of a deal .  I think I already explained to you why West Gold is not interested in MMY .
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