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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 nozzpackon Sep 29, 2021 2:05pm
90 Views
Post# 33937736

Wolfgangs Letter

Wolfgangs LetterExtremely well worded which hit all of the issues of concern bringing into clear focus the apparant indifference of Management to Shareholders concerns, as tho Monument was a private business.

They still have that attitude unfortunately.

For good reason, as they keep recycling the same incompetent members from a decade ago.

Mengapher did get sold shortly thereafter.

And those funds have been put to work.

But, the lack of an independent BOD, Compensation and Audit Committees leaves immense room for continueing their filching from our treasury.

Plus, they have absoluerlty no concept of stock promotion and  do not have the chops in the minijng or investment community to effect those measures.


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