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Multi-Metal Development Ltd V.MLY

Alternate Symbol(s):  MLYCF

Multi-Metal Development Ltd is a Canada-based mining company. The Company's projects consist of CuMo Project in Idaho and Bleiberg Project in Austria. It operates in three geographical areas, being Canada, the United States and Austria. It owns a 100% of the CuMo Project, which is rich in molybdenum and also contains very significant credits of copper, silver, rhenium and potentially tungsten. The CuMo Project has two distinct layers of diversification: the upper half contains higher grades of silver and copper compared to molybdenum; the lower half is rich in molybdenum, with lower grades of silver and copper. The CuMo Project is situated in south-central Idaho, approximately 15 miles northeast of the town of Idaho City. It consists of 105 unpatented mineral claims. The Company intends to acquire a 100% interest in approximately 116 mining concessions making up the Bleiberg Property, located in Austria.


TSXV:MLY - Post by User

Bullboard Posts
Comment by Sm00thon May 12, 2007 11:58pm
361 Views
Post# 12772256

RE: Sprott is testing my patientce EOM

RE: Sprott is testing my patientce EOMare u kidding me? do u really think Eric needs another couple hundred dollars that bad? 2% of 200,000,000 is 2,000,000. after everyone else managing the fund takes their cut how much is left for Eric? a guy worth probably hundres of millions like sprott? why would he being doing this moly fund? because he knows that it is going to most likely be huge and create great shareholder returns. i think the fees that they will receive are the last things on their mind. i'm sure some of his own money is tied up in the fund as well as options. so the sprott moly team is more motivated than anyone to see the share price go up. Sprott is a genius and has a knack of seeing things way ahead of the herd. by the time the goof's on cnbc are talking about Molybdenum, BLE will probably be at 50 bucks and MLY in the 20's. and all of us shareholders will be worshiping the ground eric sprott walks on. JUST MY OPINIONS. lets just hope that the world's economy stays strong for the next few years
Bullboard Posts