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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 nozzpackon Jun 10, 2022 9:38am
146 Views
Post# 34746693

RE:New Report on Monumnt Mining

RE:New Report on Monumnt MiningFundamental Research has a decent record.

I have follow their piks for many years and view them as good as the average House analysts who often are following through on their recent financings 
I recommended this publication a few months ago and it's good to see that Cathy is following through.

The advantage of coverage is that new investors can get an excellent start to their DD, rather than the tedious job of reviewing NRs and loads of financial data which most retail investors find a bit intimidating and most defer..godforbid..to chat rooms like SH.

This report provides good coverage of the asset base but concentrates appropriately on Selinsing Mine which is the cash lifeblood of our future near term earnings.

Fair value is estimated at $0.43 which is close to the estimates being kicked around on this Board.

Fundamental has done a good job here and given us a decent report to which we can defer to or recommend in the case of others who may be interested in investing in Monument..
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