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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 Apr 17, 2021 8:09am
99 Views
Post# 33016673

RE:Monument Announces RSU Grants

RE:Monument Announces RSU Grants Whether it is RSUs or stock options , their granting always raises shareholde hackles.

RSUs are a company’s promise to give you shares of the company’s stock or the cash value of the company’s stock when they vest.
At current prices, vesting means in cash you will receive income..not capital gains..which is fully taxable.

If you are forced to take shares, the market price at vesting is used , and it is income which is fully taxable .
So, you now have common shares at market price at vesting which you have just paid taxes on.

you can hold those shares for capital gains if the price incenses .

So forcing 50% to take shares, saves us cash but not dilution .
The cash option means no dilution.





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