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Bullboard - Stock Discussion Forum 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... see more

TSXV:MMY - Post Discussion

Monument Mining Ltd > Promotional Activities
View:
Post by nozzpack on Apr 27, 2021 4:24pm

Promotional Activities

Today's video by Cathy et al was OK by evidential standards .

It was nice to see that all presenters appeared to be Malaysian, which is as it should be.
One of my best professional colleagues and a very good friend, since deceased, was from Malaysia.
He was a nationalist , which basically, we all are.

However, investor markets are never nationalist but diversified internationalists.

As to Monument, its largest shareholders by shares held are European and North American.

So, from that perspective , today's Video in English, looked too scripted and Cathy's zeitgeist lacked reality karma.
Not really her fault but actual reality.

My view on Monument has consistently  been that it has been run as a private company.

In such a cloistered milieu, market cap becomes irrelevant .

But, that is not reality.

Either Monument should be taken private, or investment in effective public disclosures needs to be boosted to peer norms .

Anything other will only exacerbate the cauldron of dissent.
Comment by tsoprano24 on Apr 27, 2021 5:02pm
If nothing else the video prompted some buying which took out a little of the overhang. If Baldock doesn't sell there really isn't too much out there at these prices. Everyone seems to be waiting to see if the talk is real. Bump up in POG and we could hit .20-.25 soon. Fingers crossed. T
Comment by invest234 on Apr 27, 2021 5:15pm
imho market cap is relevant for both public and private companies. the price of private company shares are still related to market cap and assets of company. maybe you are referring more to marketing and the lack of it.
Comment by invest234 on Apr 27, 2021 5:29pm
i think what was really holding mmy back was mengapur. they wasted a lot of cash and shares on it, and the market did not know if they were a gold company or base metal company. they wanted to do both but did not have enough cash for both. all the marketing in the world cannot improve that indecisive situation. now that the anchor of mengapur is removed, they are decisively going in the gold ...more  
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