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.

TSXV:MMY - Post by User

Monument Mining Ltd

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Comment by MariuszSkoniecznyon Mar 06, 2020 11:50am

73 Views

Post# 30775735

RE:RE:Article about Monument Mining

Romara,

It is clear that the market has lost hope when it comes to gold miners and MMY in particular. Look at the 9 year chart. MMY is priced for failure. Plus, like you said the market does not have much confidence in the management. So therefore, MMY is trading for cash in the bank.

Selinsing (with Sulphide feasibility study) is worth a lot of money. We could also get some exploration suprise on the oxide. The other two properties are also worth something.

So what I am trying to say is that when you are priced for complete failure and you don't completely fail, then the stock price will likely to up. And if there is some success, the stock price will go up a lot.

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