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.

TSXV:MMY - Post by User

Monument Mining Ltd > best news since years

<< Previous

Bullboard Posts

Next >>

Comment by Sharegar777on Jun 15, 2021 7:37pm

117 Views

Post# 33393242

RE:RE:RE:RE:best news since years

The amount of shares in issue should not be viewed as a big problem.
The fundamentals of the company are great and our cash plus assets are worth much more than our current Mcap. That can be further enhanced with drilling (see ODY).
The only real drag in the short term is production levels for Malaysia.
There is a plan in place to increase production sustainably using the Sulphides, so I am happy knowing that.

If we list on the ASX, it certainly will not be a problem with regards to our share count. Extremely high share counts seem to be the standard for mining companies over there.

GLA Sharegar.

<< Previous

Bullboard Posts

Next >>

Eminent acquires promising Nevada gold project