Stock Screener: Ep. 422: Monument Mining (MMY.V): Fundamental Research Corp. Update

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[@claudefeltus7526]

Top report from you

[@freddy5070]

14 years of mine life is interesting, but don't forget that MMY can process ore from other mines that have their sulphide ore lying around unused via "Toll Mining" when they build the BIOX...... and Selinsing has 900 acres and Famehub 32,000 acres, so there is more than enough exploration potential.

[@originalfred66]

Thanks for the update! I bought some, but I cannot put very much money into a penny stock with a bloated share count. They should have done a reverse split years ago. I generally have a rule to avoid small mining companies with over 200M shares, but I made an exception. Let's see if they can get the production up because the last 2 quarters have been disappointing.

[@freddy5070]

340 million shares are few and there has been no dilution in recent years ....and of course MMY could also buy back shares at some point.

[@originalfred66]

@@freddy5070 , they have not been diluting, but they have also never returned anything to shareholders in dividends or buybacks. The general problem with penny stocks is that no serious investors will even consider them. Even if they do make a profit, it will only be $.01 or $.02 per share, which does not get anyone's attention, and there is too much rounding error in the number.

[@claudefeltus7526]

The stock will come back. Y think a big turnarouns

[@kennethchiu2196]

This stock just seems so insanely cheap, what are we missing?

[@katchum]

We're not missing anything, we just keep buying until it goes up.

[@przemyslawtracz4215]

A lot of legacy bag holders make the price stay low. Lots of selling pressure. This will dry up at some point

[@freddy5070]

I have been a shareholder of the company since 2009, we are not overlooking anything, look at Soma Gold, Luca Mining, the companies are also totally on the ground, but the higher the gold price rises, the better.....Bank of America says 3000 dollars possible within 12 months, MMY should benefit greatly from this.

[@Ravencroft81]

The lack of volume isn't helping this stock.

[@katchum]

Luckily, it's making loads of money.