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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 May 31, 2022 11:07am
122 Views
Post# 34720057

RE:Q1 Summary info

RE:Q1 Summary infonozzpack ,  thank you for summing up the high lights vs the low lights . I would only add that the plant was 49.5 % complete as of March 31 . Who knows . Maybe we will catch a break and the stranded equipment will show up sooner than expected . 
   Gold mining is a tough business . Most  juniors never get out of debt . We are one of the few , even with all the unexpected problems , that actually makes money and don`t need to be constantly going back to the market for money and dilution . Just think . They took on a major rebuild project but we are not going backwards . As things dry up  Peranghi might suprise us with some nice production in the next few months .  It`s not easy to be running two types of ore out of the same hole . We have the right operators to do it .
   Yes I`m always the optimist but there is lots to be happy about .
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