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.

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Monument Mining Ltd > Anyone got any Calais for this management?

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Comment by nozzpackon Dec 10, 2022 5:23am

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Post# 35163565

RE:RE:RE:Anyone got any Calais for this management?

Well said Wayne.
Its obvious to anyone that the share price moves upward on any significant volume, such as my friend recently demonstrated.

So, the great hope here is that rapidly increasing production from the FP will bring that volume.
Its a very valid hope imo.

CNMC, a virtual clone of MMY in Malaysia trades at twice its book.
Mind you, it has a miniscule dividend but that can easily be matched by imminient cash inflows here as well.
So, it might be yet again a tad late, but the FP production profile should be able to provide us with the necessary volumes needed to bunt the share price to desired heights

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