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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 > WestGold
View:
Post by Gazoo2021 on Apr 26, 2022 9:18pm

WestGold

Dear Friends

When Westgold considers what to do?

Offer to buy Western Australia MMY assets only,

or all of MMY.

One important asset that MMY has, is a large efficient workforce that Westgold could tremendously benefit from.

This important element would be key to Westgold future growth.
They like other miners, have issues securing a workforce.

In Malaysia, MMY have a cost effective, efficient workforce.

Not only would they expand the mining and milling operations, they benefit from an cost efficient workforce.

Soon, we will see something, enjoy your $.12 a shares, it feels great buying them.
Comment by nozzpack on Apr 27, 2022 8:28pm
Just reviewed WestGolds latest update and guidance. Their production has stagnated and their AISC remains in the $1700 AUD range which limits their cash flow margins. The reason is the diminishing supply of open pit oxide ore forcing them to meet their production forecast by going deeper underground which is becoming increasingly expensive as their u/g grades are marginal. They are also adding ...more  
Comment by SilverNS on Apr 28, 2022 8:26am
Nice
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