Subscribe Now - Click Here: 1 Year for only $149 or 3 months for $99
Monument Mining Ltd. are a gold focused junior, small producer with one producing mine in Malaysia, one mine in development in Malaysia and five exploration properties. Currently they produce roughly 14koz. of gold per year. They have approximately 1.2Moz. of gold in the reserves and resources category of which 0.5Moz. are in the measured and indicated category. They have a market capitalisation of ~$17.76M which is a fall of roughly 1% over the last one months. As of 01/07/2018 they have no debt and ~$13.7M cash. They have 323M shares outstanding and trade on the Canadian Venture Exchange.
Login to access Don's Summary
Profitability (by resource)
Future Valuation (Cash Flow & Totals)
Login to view
Recently purchased a past producing mine (Murchison) with 500,000 oz at 1.5 gpt. The plan to begin production in 2018.
Gold Price (last analysis) ($)
Silver Price (last analysis) ($)
Stock Price (last analysis) ($)
Stock Price 1 Yr High ($)
Stock Price Change From 1 Yr High (%)
Stock Price USA 5-Year High ($) (including date)
75 Cents - 9/28/2007
Stock Price USA 5-Year Low ($) (including date)
5 Cents - 12/19/2016
They recently sold gold production forward at fixed prices for 3 years. This was not very visionary.
Local Issues (wag)
Country of Incorporation
4 properties, plus a copper property with some gold and silver.
64 million oz at Mengapur (8 gpt). Very low recoveries likely. Project is currently on hold.
They borrowed $7 million, which will be paid back as 8,600 oz over 3 years. Plus, the borrower has an option for another 2500 oz at $2 million. Not a good deal for shareholders.
Shareholder Friendly (wag)
Ore Grade (wag)
Selinsing: 2 gpt gold surface mine.
2/14/2016: Decreased rating from 3 to 2.5 because production dropped to 20,000 oz annually.
You must be logged in to create/edit your own personal