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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 > Malaco Take over at most 57 Days away
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Post by Gazoo2021 on Sep 09, 2021 6:47am

Malaco Take over at most 57 Days away

It's now apparent that Malaco Mining a privately held firm owned by our new Director Dato is the new major shareholder with 55 million shares.

What has occured;

Robert Baldock our former CEO that tanked the company has retired.

Graham our Chairman and part of the Balddock grouping has lost the past voting control of the 56 million Goldmet shares, that have been mostly recently purchased by Malaco.

Since Baldock retired we have an interim CFO.

Dato, has a proven track record of making excellent deals and being an astute business person.

How the real world operates when a strategic business person with funds takes actions.

Fitrst;  take control of a fraction of the shares and take over control of the Board.

Second;take a low share valuation company with a great outlook private.

Third: take the company private with a below book offer and at the low end of the fair valuation.

Fourth; unlock the potential of the company, increase profits and list new firm raking in a fortune.

We will see a offer to take the company private for a fraction of the value, in around $.30.

Hang on it's on going to get real interesting very shortly.
Comment by romara on Sep 09, 2021 8:57am
How about a 10% premium on the last 30 days trading average price ..... that's what usually happens ........   Richard
Comment by Wayned52 on Sep 09, 2021 1:21pm
    This is an interesting article on Kitco about trouble brewing in China . I have often wondered what would happen if 1 billion worker ants stood up to 200 million royal ants to get a fair share. I think it would get really ugly for everybody in a hurry .  Immediately commodities would crash but gold would soar.  This is a very real possiblity in the not too distant future .  ...more  
Comment by romara on Sep 09, 2021 4:15pm
I read that too...., this morning..... a very interesting call.... sure would disrupt world trade.... and gold, ... we haven't any idea how high it would go ....  Richard