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 > MMY History of planned Mine resumptions

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Comment by Freddy1989Germaon Dec 31, 2020 8:57am

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Post# 32202258

RE:MMY History of planned Mine resumptions

Yes but we have only 20 000 ounces of production per year and 1050 dollars in costs.

And still there is almost no profit why is that so?

At a gold price of 1800 or 1900 dollars it is a more than good profit margin where do they spend the profit or better where do they waste the money?

How do you arrive at 0.75 dollars per share? With the low production, I fully agree with you that we should be higher.

But I think that will only happen when all the nonsense is disposed of.

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