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 > Dato and potential buy out

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Comment by nozzpackon Sep 03, 2021 12:00pm

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Post# 33809432

RE:Dato and potential buy out

That scenario is an active one, professed by some objected to by others.

He has just sold his Australian copper mine that he bought with Mengapher funds in 2014, making a nice profit.

Shortly thereafter,he reacquired 30 m shares of Monument.

So, in simplistic terms, buying MMY would provide him with another Malaysian mine and another mine in Australia.

If the price is right, I am all for it.
We have the hammer too..

Succesful investing is always about early discerrnment.............

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