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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 capitalraiseron Feb 29, 2020 5:44pm
79 Views
Post# 30751763

RE:wow Net (loss)/income???share Price

RE:wow Net (loss)/income???share Price
Freddy1989Germa wrote:
So when I look at the numbers the recovery rates are not very exhilarating 
 
But what worries me even more is that the bottom line is burning cash - how is that going to continue Net (loss)/income (1.076) ???

The recovery rates must rise again to 80 percent and more - hopefully with the development of Peranghi

I very much hope that in early March, as the IR department in Canada told me, the Peranghi results will be presented
 
What share price do you think is fair if you can get around 30,000 ounces a year on Peranghi with 1.4 grams and 80 recovery?
 
There has often been speculation about a sale of Monument Mining and the assets are in the books with 250 million. What do you think would be the result of a sale if you sold Monument Mining completely?



a fair share price should be (included the bright future of gold) 1 $ or more (the last external share deal was with a price of 0,50 - so these guys most have calculated like we.
Bullboard Posts