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 MariuszSkoniecznyon Mar 15, 2020 10:25pm

52 Views

Post# 30810947

RE:FED slashed rates to Zero, Announces QE5, Gold up

The only reason why gold is not at $2,000 right now is because some market participants are selling to to cover losses and margin calls. This is in the paper market. In the physical market, we are having gold shortages. By owning Monument, we have the ability to print physical gold for which demand is exploding as I type.

If the sellers allow us to buy more Monument at these prices or lower prices tomorrow, then this is a gift. I say lower prices because anything can happen during these turbulent times.

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