Multi-Metal Development Ltd V.MLY

Alternate Symbol(s): MLYCF

Metals & Mining Industrial Metals & Minerals

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.

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Multi-Metal Development Ltd

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Comment by SurfForWealthon Jul 05, 2008 10:00am

275 Views

Post# 15260385

RE: SP Frustrating - Options

I agree, keep buying back shares until this pig is disolved. Eric may not be concerned as he has said a few times, as he keeps making money off the NAV while us unit holders get shafted. His firm is about the only one making money off this disaster. I say liquidate it and I can go and buy some TCM & QUA instead. It hasn't worked out and see nothing that will change that. Cheers!!!

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How a junior advances one of the largest undeveloped diamond projects