Dear Friends
Facts about Selinsing property from 2021 Financial Statements
Acquisition in Cash 17,234 17,035
Buildings, Plant & Equipment 35,399 1,854
Mine Development 20,942 1,577
Exploration 31,924 15,132
Total 105,439 35,598
As can be seen, 35 million was spent in 2010 on the mill.
That initial mill expense is written off the books through depreciation.
Now for the fun facts.
As everything doubles in costs every 10 years.
The Selinsing Mill, first phase would cost 60 million to build and the present Phase would cost substantially more.
The company has 30 million in cash+- and indicates $110 million +- in total assets.
The true value of the Selinsing Mill alone is $110 million +- or $.30 a share.
Keep in mind the feasibility study for this project was based on a gold price of $1,300.00.
The balance of the Selinsing assets are also worth considerably more today then it indicates on the books.
Enjoy your $.12 a share, as real soon that will be a distant past.
This is only one item that I consider as I continue to accumulate shares.
by Gazzo
https://monumentmining.com/site/assets/files/4293/mmy_corporate_presentation-march_2022.pdf
https://monumentmining.com/news-media/photo-gallery/
Russia and China’s plan to reintegrate gold and silver as money
Play Video Play
https://www.brighteon.com/03e0bafb-afe4-4d32-9030-035345eaca2f
BREAKING_ SECOND EXCLUSIVE TRAILER— SHOWS HOW THE 2020 ELECTION WAS RIGGED AND STOLEN
WATCH
https://www.bitchute.com/video/aYW7YgY3HWbv/
Trump said Russia and Ukraine should 'figure out' a solution 'now — not later — when everyone will be DEAD!'
Lauren Frias Apr 18, 2022, 7:41 PM
https://www.businessinsider.com/trump-said-russia-and-ukraine-should-figure-out-a-solution-2022-4
Thanks NYBob! Here is GREAT interview with Cliff High. A ton of stuff covered....
World Economic Forum a Failing Criminal Organization – Clif High
https://rumble.com/v1212q4-world-economic-forum-a-failing-criminal-organization-clif-high.html
https://2000mules.com/
https://www.rsbnetwork.com/video/president-donald-trump-rally-live-in-delaware-oh-4-23-22/
God Bless
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