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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

Comment by tsoprano24on Nov 29, 2021 10:16am
72 Views
Post# 34175523

RE:RE:Share Buy Back Campaign

RE:RE:Share Buy Back CampaignRichard, a dividend at this stage of development is useless and a waste of money. Dividend companies should be stable producers that know what will be produced each quarter. They need to invest that money wisely. Something I have no faith in them doing. Drilling and expanding resources is fine but will do little for shareholders in near term. A buyback is an immediate return on investment. Takes shares off the street, at pennies on the dollar(provided we truly are trading below book value) and shows the street they have faith in company. If you feel safe letting this group handle all that money, you have way more faith than me. And, just get used to stock moving up a penny or two and back down. There are tons of gold producers to pick from. Few seem to be coming here, but some are ready to leave, me thinks. I would just love to have someone catching those shares. 

T
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