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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

Post by Gazoo2021on Sep 21, 2021 7:32am
76 Views
Post# 33891128

Malaco Take over at most 43 Days away

Malaco Take over at most 43 Days awayThank You NOZZ for all the great insight and reviews on our Monument Mining.

Because of you, we have a much better understanding of our investment, much of what your seeing must be similar to what Malaco has observed too the point they spent a considerable amount of money to take control.

I'm still in the camp that Malaco is going to bring forward a take over offer and I anticipate it to come in at $.30 a share.

As I noted, we must be ready to react if we are not treated fairly and legally.

The following recent new release has a section that is a concern, they increased drilling without releasing a news release when the insiders knew or should have known, what other public disclosures are being withheld?
The directors have information that the shareholders are not aware of.
This type of lack of  disclosure  impacts the share price.

A total of 46 RC holes for 3,465m were completed against a plan of 12 holes for 1,260m, comprised of 1,301m for the planned Munro Bore Extension and additional 2,164m for the FLC2 and FLC3 prospects that was originally planned in the phase two. It was brought forward to take advantage of increased drill rig availability.
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