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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 > Is MMY A Production Company, ..... Or An Exploration Company
View:
Post by romara on Aug 28, 2021 11:37am

Is MMY A Production Company, ..... Or An Exploration Company

I really think we have passed the exploration date.... and we are truly a production gold mining company, and should act as one

Right now, our outstandings share rate is too high 329 million+, we should consoldiate our shares 5 for 1, which would roughly give us 66 million shares outstanding.

By doing this, it would make our shares more attractive to investors, more earnings per share, and easier to do a dividend.

Probably this would make us a 2 to 3 dollar share price in the future

Just my comments
  .....   Richard
Comment by tarnoir on Aug 28, 2021 11:45am
Look at the history of consisten destruction of shareholder wealth. This is one of the worst run mining companies around. As you suggest, they can't even figure out what they are. During the last bull run in gold back in 2010/2011, these clowns still couldn't make a go of it. What they are consistent at doing is dilution. Maybe now that Baldock is gone things might get better? However ...more  
Comment by romara on Aug 28, 2021 12:55pm
When a lot of people got in at 5, or 6 cents..... it still looks good, I've had a couple of good ones so far this year Klondike Silver, KS.V Silver, in at 5, out at 20, and American Pacific Mining , USGD.V, started at .16.... out at .80 cents... plus others. I, like others, will stay around, and hope for a better end ......   Richard
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