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 > MMY vs Mako Mining

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Comment by Freddy1989Germaon May 25, 2024 10:12am

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Post# 36057197

RE:RE:RE:RE:RE:RE:MMY vs Mako Mining

"One thing I want to tell you.... the former chairman left a stink so bad, a lot of broker will never reccommend MMY to their account holders."

I agree with you that you first have to rebuild your good reputation, no question.

But we know what they will do with the cash flow to finance exploration and the development of Murchsion

And once that's done maybe BIOX MMY can make enough money by selnsing within the next 12-18 months to develop Murchsion and maybe even have the money for BIOX together.

and about 15 million AUD was once estimated for Murchsion

about 20-30 million for BIOX

both are feasible with a good gold price

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