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Bullboard - Stock Discussion Forum
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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Bullboard (TSXV:MMY)
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•••
Trevor Abes
X
Post by
Trevor Abes
on Dec 04, 2024 4:31pm
Buzz on the Bullboards: Tangible growth stocks
This week, Canada’s main stock index, the TSX, hit a record high thanks to gains in technology and bank stocks.
read article.
(20)
•••
austrochris1
X
Comment by
austrochris1
on Dec 03, 2024 11:05am
RE:Cash Flowing To Bottom Line
yes, mmy has a lot potential
(67)
•••
SilverNS
X
Post by
SilverNS
on Dec 02, 2024 3:08pm
Why I invest in Precious Metals
Listen to the Video https://vblgoldfix.substack.com/p/what-if-the-brics-call-president?r=pexim&utm_campaign=post&utm_medium=email&triedRedirect=true
(41)
•••
greyowl
X
Post by
greyowl
on Dec 01, 2024 9:36pm
Cash Flowing To Bottom Line
Should therefore be as follows: All In Costs $1,115 + Smelting Costs $400 (approx) = $1,515 /oz US Profit Before Tax @ $2,600US /oz is around $1,100 /oz US Eventually the company will
...more
(41)
•••
greyowl
X
Comment by
greyowl
on Dec 01, 2024 3:58pm
RE:RE:RE:RE:RE:RE:Profitable, Substantial Net Cash, Trading at 60% Book
Thanks for pointing out the somewhat obscure smelting costs Freedy. I am fairly new to this stock. Still with the $840US cash cost per ounce and given that the stock is well below book value and the
...more
(75)
•••
Freddy1989Germa
X
Comment by
Freddy1989Germa
on Dec 01, 2024 10:24am
RE:RE:RE:RE:RE:Profitable, Substantial Net Cash, Trading at 60% Book
Hello, what you are forgetting is that you have to add the 380 to 480 dollar smelting costs that the concentrate buyer keeps for himself as profit on top of the AISC cost. but the 1100
...more
(67)
•••
SilverNS
X
Comment by
SilverNS
on Dec 01, 2024 10:12am
RE:RE:RE:RE:RE:Profitable, Substantial Net Cash, Trading at 60% Book
Agreed - I firmly believe $1.00 is in the books as long as the price of gold continues to go higher. The other problem is communication. This management team needs to start communicating a
...more
(41)
•••
greyowl
X
Comment by
greyowl
on Nov 29, 2024 6:46pm
RE:RE:RE:RE:Profitable, Substantial Net Cash, Trading at 60% Book
Sort of exepcted it also. The stock price doubled over the course of 3 months or so which is pretty shocking given how many shares traded below 20 cents over the years. Like to think if
...more
(67)
•••
SilverNS
X
Comment by
SilverNS
on Nov 29, 2024 2:48pm
RE:RE:RE:Profitable, Substantial Net Cash, Trading at 60% Book
I knew we were going to take a hit with the most recent Financials. Hopefully that is it .265.
(67)
•••
SilverNS
X
Comment by
SilverNS
on Nov 29, 2024 8:46am
RE:RE:Profitable, Substantial Net Cash, Trading at 60% Book
Agree Nozz - I continue to purchase myself. As the price of Gold continues to increase it will also bring more exposure.
(3651)
•••
nozzpack
X
Comment by
nozzpack
on Nov 29, 2024 7:25am
RE:Murchison News…Two Geologists Hired
So, we are actively preparing for resumption of gold mining , with plans to resuming drilling at Gananintha . Gabanintha is every bit as prospective as Turnakura, already with over 150,000 ounces in
...more
(3651)
•••
nozzpack
X
Comment by
nozzpack
on Nov 29, 2024 7:16am
RE:Profitable, Substantial Net Cash, Trading at 60% Book
Excellent points which again shows just how undervalued Monument remains with a market cap of just $100 million. As cash increases to becoming a substantial Derisking asset relative to its
...more
(41)
•••
greyowl
X
Post by
greyowl
on Nov 28, 2024 7:57pm
Profitable, Substantial Net Cash, Trading at 60% Book
Earnings per shar would have been closer to 2 cents a share instead of 1 cent if they recognized some of thier Canadian Tax Pools. Some of that expense was not actually paid but rather shown as
...more
(3651)
•••
nozzpack
X
Post by
nozzpack
on Nov 28, 2024 4:30am
Murchison News…Two Geologists Hired
At Murchison, a new Chief Managing Geologist was appointed by the Company, to undertake further geological interpretation, and planning of an economic study program that will potentially lead to a
...more
(3651)
•••
nozzpack
X
Comment by
nozzpack
on Nov 28, 2024 4:24am
RE:MMY has delivered strong FY2024 results
Note Production was reduced to power outage which caused the processing plant to be operational....otherwise an outstanding quarter Xxxx ORIGINAL: Monument Reports First
...more
(75)
•••
Freddy1989Germa
X
Comment by
Freddy1989Germa
on Nov 28, 2024 4:23am
RE:Quarterly Results …The Emergence of a cash cow
$8 million cad in bullion Where exactly is the gold bars?
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