Monument Mining Ltd V.MMY

Alternate Symbol(s): MMTMF

Metals & Mining Gold

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.

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Monument Mining Ltd

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Post by jongguaon Aug 11, 2012 9:34pm

403 Views

Post# 20208123

controlling interest

Your logic is laughably, horribly wrong. You are saying that the new planned private placement controlling interest which is diluting us to oblivion will be much smarter than the old controlling interest which voted to allow for the new controlling interest, all at 1x eps! if they're so smart IN OUR FAVOR, why are they self selling 1/3 of the company for non needed cash for 1x eps? Anyone have any rental real estate they wanna sell me for 1x ANNUAL PROFIT? This borders on criminal here, and stupid stupid stupid at best. It's like buying insurance for 15x its market price and beggaring yourself in the process.

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