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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

Comment by nozzpackon Dec 12, 2020 1:23pm
83 Views
Post# 32093606

RE:RE:pandsca all stay loose 2021 we exciting

RE:RE:pandsca all stay loose 2021 we excitingYou are right.
Most of our EU shareholders with the majority of shares did not vote at the Oct 28 AGM as promised.

Freddy can tell you why.

The share price elevated from its lows in June 2020 because of the promises by Freddy of ROC actions to be taken by those EU shareholders and with our voting support.

Another deadline passed on  Nov 30th.
It is not yet possible to say whether that was ineffctual but the entry of Dato to the BOD augurs well that it will be.
.

Freddy, as he so explicitly states repeatedly here (while admonishing others not to speculate ), speculates that any consequences wont be seen until later on in 2021.

I am not aware that anyone knows the details or status of the LOI .

That, and Dato keeps me invested here along with the new oxide discoveries currently being mined at Peranghi and hopefully from Mentqiue in the future.

If you think that my analyses are being hyped, then critize them and provide your own.

Mutual information exchange is the purpose of these SH boards and that includes evidential disputation.

Our low share price is well known to be caused by ( 1) an embeded and entitled management team which has been in place far too long ( 2) a management team holding too few shares needed to align their interest with shareholders ( 3 )   absolutely no effective IR program  as they did not want any excitement which might bring inquisitive new shareholders ( 4)  a history of substantial destruction of shareholder value ( 5 ) laggard exploration and development programs including inappropriate project prioities such as Mengapher, rather than seeking new oxide sources at Selinsing.

We are making progress on all of these fronts, some of which has yet to be seen...




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