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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. > The only other Malaysian Gold mine
View:
Post by nozzpack on Feb 06, 2023 7:34pm

The only other Malaysian Gold mine

It's CNMC (. https://www.cnmc.com.hk/investor_relations.html ).

It produces 12000-15,000 ounces per year and has a market cap of $87 million.

It too produces concentrate 

Monument will be producing at least 35,000 ounces per year within the next year.

So, other than management, there is no reason by we should not hit the $160 million market cap once it becomes clear that the FP project. Is producing at expected breast plate levels
Comment by pandsca on Feb 07, 2023 8:12am
Nice deduction. It would be awesome if MMY had that valuation. I won't be in anymore, but I wish all the best that it does happen for the long longs.
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