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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 Freddy1989Germaon Jul 26, 2023 12:06pm
94 Views
Post# 35557829

RE:Dato's Project History

RE:Dato's Project History
Hello Geo

Yes, one should not forget the connection between Dato and Mengapur ..... The project was also "so successful" and was sold to us.

Selinsing is the only source of cash flow MMY currently has - why sell such a source of cash flow ..... only to make no money again?

You bring a project into production, yes of course you can sell it, but you can also earn money with it.

The big question is what is Selinsing worth now that it is in production?

You know Cathy is a particularly "bad salesperson" they buy a project for 120 million and sell it for 30 million.

Maybe they should first make enough money to do exploration to increase the value of the project on Selininsing for the investors.

0.50-0.70 CAD is what I would like to see here.
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