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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 Singidunumon Aug 08, 2007 8:12pm
168 Views
Post# 13218550

RE: Just exactly what do bashers expect from this

RE: Just exactly what do bashers expect from thisI think the expectation is that this will hit $100 by the end of August. Or they bought it @$6.99 and now they are pissed off. The shares should be higher, but not more than $5.50. Today's news release showed that fund is performing very well and if the underlining stocks perform well and Moly's prices stay at this level, the shares will appreciate. This is a long term investmenr and people should not be pay attention to daily price changes. That's all folks
Bullboard Posts