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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 Wayned52on Nov 30, 2021 12:46pm
67 Views
Post# 34180862

RE:Monument Reports First Quarter Fiscal 2022

RE:Monument Reports First Quarter Fiscal 2022I just don`t get any of this .  They basically ran dirt through the plant that had a little gold in it then only recovered a small fraction of that .  It wouldn`t even cover wear and tear on equipment .  People in charge are incapable of thinking outside the box . We already knew it was hard to get explosives and still is .  The ground is lose . Why wouldn`t you put a jack hammer on an excavator and break the ore out that way.  The bl-ody things are everywhere .   Somebody pointed out , no security . In a 3rd world country and none of the workers are going to help themselves ?
It has become very clear with this report why no serious investors would touch this company with a barge pole .
  91% of assays returned and no mention of anything ?   Can`t book drill rigs . Are you kidding ? Why don`t you buy one ? I know to old drillers who would love to go to Australia to run it for you . Next it would be , we have no core boxs for shipping .   This whole crew is beyond pathetic .
 But this is the worst and nobody mentioned this that I`ve seen .

   Murchison Gold Project

" Murchison Project development is put on hold." The existing processing plant is under care and maintenance and in good condition. It is ready for start-up production with installation of the refurbished plant.

That is a big , big , deal  and it gets less than 3 lines ? Like an afterthought ?  Is it not worth going after ? Were the assay results that bad ? I don`t know what to make of this anymore . You can`t even get out if you wanted to . There is absolutely no interest and no volume .

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