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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 Aug 10, 2022 4:27pm
142 Views
Post# 34886256

RE:RE:RE:RE:RE:RE:Mengapher..Led Astray by Lies..or just..

RE:RE:RE:RE:RE:RE:Mengapher..Led Astray by Lies..or just..Here is the presumptives about Dato acquiring 30 million shares in 2021.

He loaned De Bonnavile $15 million to buy 30 m shares at $0.50 in 2012.

This was during the  steroidal hype of Mengapher by the megalomaniac  as sufficient to place Malaysia on an exponential growth curve.

So stunned of course that he and his dumb BOD did not realize that they were being sold  a sow's ear for a silk purse.

Dato in 2021 realized that he was not going to be repaid that loan oweing to the collapse of MMY market cap due both to the lead weight of Mengaoher and the inability of the stunned BOD acting like Deer caught in the headlights .

So, at $0.10 per share, he is down $0.40 per share.

All changes since then have emanated from Dato's aggressive restructuring .....of which we have yet to see its inflexion point..
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