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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 cliffvbon Feb 28, 2013 3:32pm
168 Views
Post# 21057484

RE: Best wishes

RE: Best wishes

I really don't see trading stopped on MMY for this unless one thinks the business is a fraud. I sure don't think it is. Baldock and his gang know how to skirt the law. A mistake like that lack of legal disclosure could possibly bring some sort of censure against them but maybe they would resign rather than face the consequences of that (which would be fine with me, by the way). Disclosure- I am not an attorney.

Here's a couple more things I've noticed:

I just went to read the fine print about this advance notice bylaw on Sedar. According to the PR, the details were already on Sedar when the PR was released. But there is still nothing about it on sedar. Hmmmm. I also note that, according to the PR, the BOD actually voted on this provision on Feb 24. Looking at the calendar, I see that date was last Sunday. Are we supposed to believe that the BOD held a meeting on a Sunday? Possible, but I doubt it. More than likely, they wanted to show it as happening at least a full day before the 30 day period before the AGM. Of course, none of us knew about it before the PR came out late on the 27th. But Baldock probably figures that's just too bad for us.

Anyway, I hope you can share what the attorneys have to say about all this.

 

Bullboard Posts