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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 20, 2013 3:04pm
194 Views
Post# 20863436

RE: RE: RE: Monument Mining: Warren Buffett’s 7-po

RE: RE: RE: Monument Mining: Warren Buffett’s 7-po

You here again?  You haven't even taken the time to respond properly to my post.  How about some facts instead of useless ignorant drivel?

As to raising additional funds,  yes mining does indeed take money, lots of it, so we are making at present 50M a year give or take a few.  If that isn't sufficient to maintain production at Selinsing we are in the wrong business.  So we need an updated NI 43-101 on Selinsing AND Monument.  After that has been accomplished we should be looking at addictional funds if needed.  At this point in time and knowledge about Mengapur we are by no meand certain that development is even warranted.  Only a (bankable) fisibiltiy study, published an ddiscussed,  will tell us that.

My 2c worth,  Wolf E

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