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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 ValuInvstron Nov 14, 2012 4:38pm
165 Views
Post# 20600741

RE: RE: Step Back and Assess

RE: RE: Step Back and Assess

I do not know Baldock's age.  I would guess around 60.  I agree it would be impossible to get eh number of shares Gold Met got without trading the price up, but it was strange to pay 8 cents per warrant when the warrants were going to expire worthless in a month or two.

If its number 2 management would be really stupid.>

What are the choices:

#1 They are smart operationally and in financing but not smart enough to explain to shareholders what they are doing and why it is the best course.

#2 They are smart operationally but not the brightest on the financing or communication side.

#3 They are smart operationally but also crooks.  Smart enough to get where they are, build and operate Selinsing, build up $60 million but then spend it all on an acquisition and then decide to enrich friends.  Strange   

Interesting choices.  

Bullboard Posts