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.

TSXV:MMY - Post by User

Monument Mining Ltd > Cash at $34 million ; Working Capital at $43 million

<< Previous

Bullboard Posts

Next >>

Comment by Wayned52on Jul 06, 2022 1:15pm

111 Views

Post# 34805545

RE:Cash at $34 million ; Working Capital at $43 million

Just looking at the # you posted . $34 million ! Surely one of the best balance sheets in the mining business .And I think but can prove , a lot of the new construction is paid for . And even with all the trouble we`ve had they still seem to be able to make money . Imagine what it will be like with the new mill and ore bodies . It`s not time to throw in the towel yet . I might be wrong but I don`t think so .
nozz ?

<< Previous

Bullboard Posts

Next >>

Investors eye Australian gold mining projects amid promising developments