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 Sasha11on Mar 03, 2019 7:35pm

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Post# 29436059

RE:RE:Lost Opportunity

Selinsing recovery has been dropping for years. Any planning would have prepared them for treating the fresh ore beginning 5 years ago when it was needed. They choose Intec (payout some friends maybe?), but just another one of their many miscalculations. Now they have a few years of lower grade more expensive to mine ore to pay back needed Selingsing capital.

You are correct on one thing they made hundreds of milllions on the oxide ore, but where is the money? All gone. Over a $100 million blown on Mengapur, still more in the Congo (ha), buying exhausted properties in WA, and most of all taking care of insiders. I lost plenty just a warning to others do the DD.

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Advancing flagship Ishkõday Gold Project in Ontario