RE:RE:RE:RE:RE:Analyst Coverage
nozzpack wrote: It is important to remember that, as a main asset, cash and cash equivalents can be and usually are, signifucantly discounted by the market.
Monument's production rate has been cratering for 7-8 years, with little or no effort made to explore/ develop new sources of oxides at Selinsing or develop Murchisin due to almost all of its working capital
having been wasted on Mengaoher.
The turnaround began in late 2020 through dissenting pressure when Dato came onboard at which time right siding began with the sale of Mengapher, enhanced exploration of Murchison, pit development at Peranghi and monetization of the sulphide resources via the Floatation Plant.
So, we are now a much different company which has passed its nadir but not yet benefiting from the fruit of our capital investment in the FP.
And, in the summer doldrums of PM pricing among other issues.
In short, going from little to report other than pit scraping for the few remaining ounces of oxides, to soon having a strong production profile while retaining a strong debt free balance sheet.
We are not there yet and Cathy et al will be given very little time to demonstrate that they have the chops to move us to fair value.
Insiders residing on the current BOD own nearly 90 million shares.
They are as equally piffed off as us.
Things will change over the next few months
Nozz: So why is it you telling everyone this stuff?
Then we've got that Gazoo character who pumped and pumped; now even that person can't be positive and seems to be fading away.
Nozz: You're not employed by, or part of MMY management are you?
Why are we reading your posts when they should be coming from management where those people are held responsible for the information they provide and that information can be challenged in court because it comes from them, not some obscure poster in a bullboard.
You don't seem to realize; MMY management are held responsible for the information they provide, you're not held responsible for any information, or dissinformation, you write.
Why do you think Romara was on you for so long about your lack of factual references in your posts?
I don't even care if I get B.S news from MMY. What 'i care about it that news coming from them makes them accountable, and "when they lie", we have a document trail that can be used in court.
This, I'm sure is why we're mushrooms to them - their fear of being sued to death when the facts are mined (pun intended).
All this "Dato is our saviour" chat is just your runaway imagination. There's not one single piece of evidence I see, or have ever seen with Dato's name on it as the sole doer.
Give me something formal from MMY (not just some previous post in here) with his name on it and then I believe it.
Gazoo pumped Dato so much and all that garbage he spewed was only from his imagination.
He couldn't provide references that backed up one single positive thing in his posts.
I'm sure most people here don't fall for this type of pumping, but some seemed ot drink his cool-aide and supported his imaginary views poorly crafted to get you to buy-buy-buy.
MMY management is a team and Dato is just another team member, therefore, he is just a culpable as the rest of theme and I'd jail him just as the rest of them if the opportunity arose.
Facts are facts: MMY SP is, and has been holding, back down to 2020 (COVID) levels, and we as shareholders haven't received SWEET SH*T from management as to why.
Even bad companies provide their shareholders some news because they know there are rules and laws surrounding shareholder communication, but MMY seems to remain under the radar on their many-many infractions. MMY management is diss'ing us on a continual basis.
I don't want to get my news from someone who is not MMY management posting on bullboards, I want it directly from the horses mouth - their horse decided to disregard us then died years ago.
Fact: Nozz, you seem to know the technical side of mining, fine, I don't dispute that but you haven't a clue about how MMY is managing their shareholder communication or operational decisions they are making - you're speculating - nothing more.
In this bullboard there are those of us who are realists, seeing MMY for what it is. We write about management for what it is, and we do not inject what we think it is into our posts.
There are those of you who are optimists and you are not making it clear that your optimistic speculation is just that - nothing more.
Good luck to all of us becase WE NEED LUCK when we have management exercising this level of shareholder communication - diss'ing us all in the process. We chose to gamble with MMY and our gamble has not paid off - we're loosing this bet.
MMY maangement doesn't give a SH*T that we are part of their backbone and history, we rolled the dice, they took our money without regard for us and that is how it's been since about 2014.
"Summer duldrums"? Seriously Nozz?
This summer has lasted since 2015. That's the last time MMY had any real value. you're writing about summer duldrums as if the share price was at fair-value if fair-value was around 15 cents.
Fair-value is around 40 cents! This MMY summer started in 2015.
Take off your blinders dude, It's been a really long summer man!
You ended your post with your statements entered as if we have any different authority than we've had in the last 10+ years.
Provide any reference that state this specifically. Where'd you get this information - just you imagination?
I want to see a reference that ties MMY management directly to your statement, else you're just another pumper and MMY is not responsible for your pumping activity so we can't sue them for your spreading dissinformation.
Your statement is void of facts backing it up and I haven't see one change in the last 2 years+ that I would not have already seen at any time over the last 10+ years. All communication and uploading images have been just as they've been for the last 10 years - few and far between with little to no actual management or operational facts being presented. Isn't this why you keep stepping in to fill in that void?
Why you, why aren't they doing this as responsible management would normally do?
Nothing has changed man!
As with probably 99% of MMY shareholders, I made the mistake of coming back into this PIG one time and will never make this mistake again.
I'm just waiting for the my sell price and will never look back no matter how well this PIG does.