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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 SurfForWealthon Sep 03, 2008 5:34pm
383 Views
Post# 15428931

RE: Way Undervaled

RE: Way UndervaledUnreal! Hard to believe it has gotten so low. I sold out some time ago and bought TCM & QUA instead although they haven't fared so well either. The price of Moly has held up great & copper is doing ok. The market is just crazy now. No common sense with current pricing & valuations. Way too much fear gripping the resource sector IMO. Better days ahead. Cheers!!!
Bullboard Posts