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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
Post by MystressMon Jun 05, 2008 11:54am
294 Views
Post# 15148945

An example of company share support

An example of company share support

Now don't you wish that mly wouldstop pretending and make an announcement backed by some REAL sharepurchase that would actually support the price to NAV?

"CLARKE INC. ANNOUNCES SUBSTANTIAL ISSUER BID FOR ITS COMMON SHARES

Clarke Inc. has made a substantial issuer bid today pursuant to which the corporation will offer to purchase forcancellation up to 6.5 million of its outstanding common shares from shareholders at a price of $6.75 per commonshare. ....

"As of June 3, 2008, there were 28,146,038 common shares outstanding and,accordingly, the offer is for up to approximately 23 per cent of the outstandingcommon shares. ...."


https://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:CKI-1501201&symbol=CKI&news_region=C
Bullboard Posts