RE: What is Phase IV expansion of Selinsing Gold M "Monument's Selinsing Gold Mine continues to generate strong cash flow that will be used primarily to fund further exploration programs at the Selinsing Gold Project, as well as the Phase IV gold plant upgrade, and further land acquisition to expand the open pit."
They probably want to use a lot of the cash generated by Selinsing to buy up the neighboring property. They apparently are confident that gold is along the whole belt, else they wouldn't be making another Phase IV plant upgrade.