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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 Mar 15, 2021 2:10pm
80 Views
Post# 32799942

RE:Share Price

RE:Share PriceI do agree.
Disclosure  and transparency are issues that management fail on a regular basis, seemingly unable to accept that Monument is a public company with responsibilities to provide their shareholders with timely disclosure and good governance .

In addition, they lack the flair to be able to move the share price by releasing more frequent status updates on events that keep the shareholder informed.

You might say, they have neither the skills nor incentive needed to run a public company in a very competitive market place .

ODY exemplifies these major differences in  management skills and their consequences for market cap quite well.

In addition, the BOD does not have the technical competence needed for project development.

Hence we are always waiting on consultants reports.

In summary, lacking in initiative, ability, technical expertise , incentive and drive .


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