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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 Oct 06, 2021 6:34am
200 Views
Post# 33972295

Malaco Take over at most 22 Days Away

Malaco Take over at most 22 Days AwayShareholder’s Report to the Board of Directors

We the shareholders have no choice but to take actions that are in our best interest.

We have no interest in selling our shares, we have an interest in taking actions that will benefit us investors and investors in the future.

In the last 10 years, this is our first opportunity to remedy this mess.

This is time to forget about the past and consider how can we influence the present situation to make it better within a 22-day timeframe.

We the shareholder`s are not interested in where you the Baldock/Graham grouping plan on navigating the ship, we are interested in making the best navigational plan for us the shareholders from this point forward.

Only the executive and directors have been highly financially rewarded for a firm that has suffered substantial losses.

Based on the following information;

The corporation has substantial cash on hand, no debt, quality assets with a book value that far exceeds the present share price.

Malaco owns 55 million shares and purchased 30 million shares in January 2020 at $.50 a share.

Wolfgang has a large voting block and had previously outlined a better path forward.

The existing Director`s (Baldock/Graham grouping) have been a failure over the last 10 years and our present share price reflects their failure.

Our proposed action plan is as follows;

Shareholder’s should start purchasing shares in small blocks, as increasing the share price will be beneficial to all of us who invested in this corporation.

All shareholders should vote in the AGM in the following fashion.

Fill in Proxy and send it in, WITHHOLD for all directors.

In conclusion, we will maintain our course and if required we will seek BCSC and TMX to investigate any and all wrong doings.

Some of these director’s independence is being questioned.

Our goal is a new course and a new ship for Monument Mining. We have quality assets that are worth much more then $.30 a share.

We invested in a corporation, not a scheme that allows only a select few to be financially rewarded.

Vote: WITHHOLD

Buy small block of shares everyday for the next 14 working days.

I remain a buyer of the shares and look forward to a new owner or a new Monument Mining.

Presently in the financial markets, Monument Mining is one of the best investments considering all the malaise in the markets.

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