Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by romaraon Nov 30, 2020 1:56pm
635 Views
Post# 32001738

Baldock's Comments

Baldock's CommentsBy reading what "bob" says in this paragraph, it looks like maybe Malaysia is history for Monument Mining, with it's "new" cash.... it's off to Western Austrailia to look for it's fortune, maybe a merger with a " larger Australian mining firm"    Richard

Mr. Baldock added, “The Covid-19 pandemic is changing the world’s economic expectations and the ways of conducting business, which introduces large uncertainty moving forward. Having said that, the gold market continues to be strong in Western Australia. With the strategy to divest the base metal portfolio and generate cash from the existing Selinsing Gold Mine through the current gold treatment plant and its planned expansion, we are actively focusing our corporate development in the Western Australia region where our Murchison Gold Project has great upside potential and market attraction. The objective is to increase our shareholders’ value as rising tide lifts the boat. We are working through valuations and planning and will update the market accordingly.” 


<< Previous
Bullboard Posts
Next >>