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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 Mar 24, 2022 12:31pm
85 Views
Post# 34541886

RE:WEST GOLD OFFER

RE:WEST GOLD OFFERI have my figers and toes crossed . That kind of offer could stir counter offers or a bidding war .  This company is worth far more than 30 cents . Just imagine what it would cost to replace 2 complete mills . All permits in place .  Plus the years of planning , ordering and the mind numbing permits . 12 years is average now .  I hate to keep using the Ring of Fire example . In a friendly juridiction , they have been at it for 18 years . Broke two very big companies with a third lined up for the same fate .  And they are no closer to getting approval then they were on day one .
   MMY is an unbelievable asset . Just the mills are worth at least $150 million . And both have lots of high grade right outside the door .   All this for under $100 million !?!?  . Never . At least $1 per share or nothing .

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