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Monument Mining Ltd. V.MMY

Alternate Symbol(s):  MMTMF

Monument Mining Limited is a Canada-based gold producer. The Company is engaged in the operation of gold mines, acquisition, exploration, and development of precious metals with a focus on gold. It owns a 100% interest in the Selinsing Gold Mine and the Murchison Gold Project. The Selinsing Gold Mine is located in Pahang State, within the Central Gold Belt of Western Malaysia, and comprises the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub projects. 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. It has a 100% interest in the Murchison Gold Portfolio, which consists of the Burnakura, Gabanintha, and a 20% interest in Tuckanarra gold properties, located in the Murchison Mineral Field. Burnakura and Gabanintha are located southeast of Meekatharra, Western Australia and northeast of Perth, Western Australia.


TSXV:MMY - Post by User

Comment by ArtieFufkinon Jan 12, 2023 3:37pm
175 Views
Post# 35219398

RE:FP Profit Out Look at POG $1900 US

RE:FP Profit Out Look at POG $1900 USYour figures are incredible for a company our size but they are the same as mine. We've been valued at less than cash in the bank for the last year and within a few months at current POG we will have the entire m/cap covered by cash in the bank again and be valued at 1 x cash flow as well.. with Murchison sat doing nothing also worth the entire market cap on it's own... staggering, that can't happen, surely... can it? Assuming things go well with the FP the share price has to rise substantially or we get taken out or private.The icing on the cake would be to have the following wind of a PM stock market bull like 2011 or 2016 which isn't too far fetched with current POG and the low PM stock valuations. I've also been buying FWIW, I've got way too many of a stock that never goes up!
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