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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 Feb 22, 2021 4:12pm
81 Views
Post# 32629180

RE:Market cap to cash ratio?

RE:Market cap to cash ratio?Freddy

Our current market cap is Approx $46 million cad and our net cash and cash equivalents amount to $63 million, including full receipt of the remaining $26.25 million from the sale of Murchison plus Approx 2 million ounces of gold Dores, net of eliminating the gold payback liability.

If anyone can find me another gold producer with no debt and trading nearly $20 million below  cash and cash equivalents , inbox me.

Just look at our press releases and preseintations compared to Kentor or others .

Any good news is either muted, not stated , confused by poor schematics or buried at the back of the NR and our corporate presentations and Cathy's  CC videos are comedic attempts intended to dissuade investors from lifting the cover and looking underneath.






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