Monument Mining Ltd V.MMY

Alternate Symbol(s): MMTMF

Metals & Mining Gold

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.

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Monument Mining Ltd > WEST GOLD OFFER

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Post by Gazoo2021on Mar 24, 2022 11:04am

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Post# 34541376

WEST GOLD OFFER

Here it comes, a hostile offer at $.30 a share.

Based on the fact that MMY has roughly $.10 in cash.
It has its Malaysia assets that are worth a minimum $.30.
it has Australian assets that are worth a minimum $.20

The shareholders would gladly accept $.30 a share and West Gold is aware that a hostile offer could succeed.

This would be a win win situation for us the shareholders and West Gold.

I differ to NOZZ figure out the true value of the assets.

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