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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Comment by AlfTanneron Jan 28, 2016 2:06pm

81 Views

Post# 24502524

RE:RE:RE:RE:RE:RE:Reverse split needed

Jojo, you are only citing examples of failing companies that did reverse splits out of desperation. When a successful company does a reverse split, it is from a position of strength. Sure the current share holders are content with the share count. But for the stock to go up, it must attract NEW share holders. Most intelligent investors will not be attracted to a 10 cent stock with over 300 million shares. The stock needs to attract real investors, not penny stock dreamers. The real investors have the cash to make the stock go up. The penny stock guys are trading with pocket change, and they do not have the ability to move the stock price.

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