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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 JackCrosson Sep 13, 2017 3:42pm
157 Views
Post# 26691877

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News release gives us an update on the situation-Millennia

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News release gives us an update on the situation-Millennia
While uncalled for (sorry about that), calling you a name provoked a more thoughtful reply - it accomplished exactly what it was designed to accomplish. Be pissed off all you want that the stock isn't performing the way you want it to, that's fine. Being realistic about why you're mad would probably help your case a bit. The replies you were giving earlier weren't doing that.

You hit the nail on the head, spinning a story on a message board isn't going to bring buyers to the market. It shouldn't influence sellers either. It's a two way street; framing a 67% reduction in share price as the sky falling makes you look like a day trader. If you're a day trader, you probably want to stay away from this stock.

Otherwise, anyone putting money down on the stock should do their due diligence and really work out why this company is worth their money. Is it the management? Give me Dykes over Fu or McClay any day of the week - sh*t on Dykes all you want, but he's a step up from the management we've had. Is it the properties? CuMo is a monster, and Calida looks promising. It takes time to negotiate these deals, and while that's happening the company has been developing other resources.

Of course I'm a shareholder, that's why I bother monitoring the stock. I've been around since MSQ. I'm a long.
Bullboard Posts