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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 20 Days Away
View:
Post by Gazoo2021 on Oct 08, 2021 7:05am

Malaco Take over at most 20 Days Away

Good Morning to All

To all that have been here for the last ten years, we as a group can make things happen this time.

The difference now, is that Dato controls 55 million shares and previously Graham had voting control over Goldmet`s 56 million shares. Game Changer!

Wolfgang has his European`s friends votes, and they are in the same boat as us.

This week, the focus is at getting all the Proxies in indicating WITHHOLD for all directors but Dato.

I have never met Dato and I have never had any communications with Dato.

 Next Tuesday we can start the strategic manoeuvres that is required to remedy other concerns.

Maybe we should we organize a TEAMs or ZOOM blogger`s meting? I recommend we exclude the directors for our first meeting.

Like some of you, I`m also curious on who received the $600,000.00 US payment as a finder’s fees. I`m also interested in the prior arrangement in establishing this fee.

I would like to know why Richard`s shareholder proposal was not considered and why would he not receive a proper reply if it could not advance.

Why can’t there be an AGM virtual meeting?  they elude to this possibility in the AGM news release.

We have this whole issue of director`s independence and our Chairman having been a key director during the bankruptcy of Veris Gold.

We have a real lack or delay of news releases, it would appear that some parties have access to information while others do not.

Without a doubt acting alone we achieve very little, but as a group they have no other option to act properly (treat us like shareholders).

Our votes and actions are needed in this situation, in my other investments Barrick and Power Corp, I never even vote my shares, let alone blog.

For me, the first pressing item was to get our proxies in.

The next issue was getting our share price up within the next 20 days.

. Let`s not kid ourselves, if demand alone can drive up one bitcoin from $.06 all the way to $54,000.00 US for a virtual currency, certainly our Monument Mining can go from $.13 to $.30.

The supply is presently controlled by us shareholders all that is missing is a bit of demand.

Malaco paid $.50 a share for 30 million shares.

Like Dato, we increase our holding a little amount everyday and we are adding value to our existing position.

All it takes is all of us moving in the same direction, we can target $.30 in this first leg. That`s  below book value.

This increase in price and volume will only lead to enhanced conditions that will further influence the share price and enhanced conditions for a take over or merger..

This remains one of the best investments for us in this market, the upside potential is huge with Dato leading the corporation, all of the forthcoming projects and forthcoming cash flows.

The present shareholder major groupings and widespread distribution makes this a real investment opportunity again.

Buy a few thousand shares and enjoy a great weekend.
Comment by Wayned52 on Oct 08, 2021 8:45am
Hi nozz and Gazoo , I know you were hoping , expecting at least a few of the " expressed " samples from Murchison this week but I`m not surprised they didn`t show , although there are a few hours to go . I have no idea why the company wants to keep a lid on the share price but they obviously do . Maybe Dato is our salvation or maybe he is the one who wants the depressed share price ...more  
Comment by nozzpack on Oct 08, 2021 9:17am
Any takeover by Insiders must be approved by the majority of non insiders. We as a collective group hold the major balance of those shares. Secondly, Anon is the MM which accounts for most of yestedays action. Third, we have excellent growth ahead including production from the Floatation plant. So, we have very good fundamentals and a strong balance sheet. What we dont have is competent ...more  
Comment by romara on Oct 08, 2021 10:04am
Be careful what you wish for ..... some things have known to bite back ..... a lot of sharks out there  ......   Richard