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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 19 Days Away
View:
Post by Gazoo2021 on Oct 09, 2021 10:25am

Malaco Take over at most 19 Days Away

Here is one item that we should all consider.

Let's pretend we have 100 million dollars.

What would you invest in if you are really knowledgeable, well educated and you have unlimited options.

How about we take 15 miillion dollars and buy 10% of Monument Mining.

That's what the smart money is doing.

I dont know about you, but selling shares right now, more then likely not the best move, adding shares probably a better move.

Gazoo keeps adding shares on a daily basis.
Comment by Wayned52 on Oct 09, 2021 1:23pm
 I think the best course of action now , and this includes me , is to stop bashing the company . It isn`t going to change the outcome of anything with only a few weeks to go . What ever is being said has been said over and over and it`s causing problems . Look at Romara and nozz . Shouldn`t have happened . Divide and conquer  . People reading this board now won`t touch this company with ...more  
Comment by SilverNS on Oct 09, 2021 1:41pm
Wayne  Agree - right now it is Management to lead on the Dance Floor.  
Comment by nozzpack on Oct 09, 2021 2:23pm
Voting is only one way out. I continue to document ways in which management can be forced out by their total disregard for rights of shareholders and continued violation of exchange rules. These I will forward to the various agencies which purport to give greater scope to shareholder concens. Others may be following alternative routes.
Comment by romara on Oct 09, 2021 3:16pm
Wayne... you are right. Even with the large amount of shares outstanding, it is almost impossible to get a "White Knight" to come in and buy up the company shares to take control .... they are not available on the market ....Richard
Comment by tsoprano24 on Oct 10, 2021 12:36pm
There is, of course, a simple solution for all to win. It would require management taking their hand out of the cookie jar. BUYBACK OF STOCK. Gets rid of constant overhang on street. Shows street they think they are underpriced. More than enough money available to start a buyback, unless they have something better to invest in. To which I say WHAT? They get no finders fee, only a higher share ...more  
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