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Monument Mining Ltd V.MMY

Alternate Symbol(s):  MMTMF

Monument Mining Limited is a Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has a 20% interest in Tuckanarra Gold Project, jointly owned with Odyssey Gold Ltd in the same region. Located in the Central Gold Belt of Western Malaysia, the Selinsing Gold Mine covers a total area of approximately 150.3 square kilometers (km2) and includes the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub properties. The Murchison Gold Project includes the Burnakura, Gabanintha, and Tuckanarra properties, which are located in the Murchison goldfield of Western Australia, 40 kilometers (km) southeast of Meekatharra and approximately 765km northeast of Perth. 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.


TSXV:MMY - Post by User

Bullboard Posts
Comment by WolfgangEon Jan 06, 2012 11:21am
446 Views
Post# 19375652

RE: This Year

RE: This Year

I am still appalled as to what  John Baldock et al cooked up for the shareholders.  Despite the very impressive 1st Q results the reactio in the marketplace has been lukewarm at best.  The PP at 50C a share plus the equal number of warrants attached to it were a blatant disregard of the shareholders all in the selfish realm of J Baldocks "empire building" with the Mengapur project in which I have little faith in from an economic point of view which I elaborated already in considerable detail in previous posts.  Well in my case I bought MMY at 61c a share about  a year ago.  And things looked soo promising until Baldock srewed it all up royally.  I have absolutely no faith in Baldock whatsoever.  The voting in the annual meeting has to be taken witha grain,  no  a bag of salt.  since abstention automatically was (illegally) considered as a "yes" vote as stated in the voting circular.  I would LOVE to get my paws on the detailed voting results.  No wonder I am cheesed off big time.  Now I am stuck with them at 40 to 45c a share with very limited upside potential for years to come.

Ich bin wirkich sehr veraergert und enttaeuscht

So to sum it all up,  no the flaming is not done yet by a long shot

Wolf E

Bullboard Posts