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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 > Shareholder’s Note to CEO
View:
Post by Gazoo2021 on Nov 08, 2021 6:37am

Shareholder’s Note to CEO

Dear Chief Executive Officer

We would like Monument Mining and yourself to succeed.

One item that is difficult for us shareholders to understand, is the lack of a corporate strategic plan to ensure a proper valuation of the corporation.

Would it not be possible to consider a share buy back program to help elevate the share price to help achieve the  proper valuation of the corporation.

Capital expenditures are going to be required for the foreseeable future, we all understand that item.

If possible, we would like Monument Mining to undertake a share buy back program to an amount of $2,000,000.00 over the next 12 months. This could occur at any time the share price is at 50 % of the corporation’s book value.

This would elevate the share price and would help Monument Mining to secure better terms for a flow through funding if required in the future.

With so many potential projects in the pipeline, a flow through funding could be required due to a bonanza find in Australia. There is elevated interests in our Australian assets.

We would like actions taken to have Monument Mining listed on the TSX.

As you are aware, we would like our Chairman to retire.

You have an opportunity to take positive actions and increase the share price

As a shareholder, this is an important item that reflects on the value of the corporation.

Thank you for your considerations to these items.
Comment by Wayned52 on Nov 08, 2021 11:04am
Hi Gazoo , I have to admire your stick with it ness . A lot of effort to keep writing to the CEO . As far as I know all correspondence goes through Richard Cushing and I would be surprised if the CEO or board members have ever seen your writings . Or know about any other common shareholder concerns . That is Cushing`s only job , to take the heat . I know the email address is Cathy`s but that`s not ...more  
Comment by SilverNS on Nov 08, 2021 11:57am
I will jump into this - I send certain posts be individual to management directly on a regular basis.  Do not ever get a reply but I do and I sent Gazoo posting this morning to them.
Comment by SilverNS on Nov 08, 2021 12:57pm
I am certain when I send these they cringe - I am betting one day in the not so distant future I get black listed from emailing.
Comment by nozzpack on Nov 08, 2021 5:25pm
You will be better off..LOL It's not inconceivable that, by now , they know only too well our feelings towards their performance . Hope springs eternal but reality forms the clenched fist. Lets see what else this week brings..
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