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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 babymineson Feb 26, 2019 11:10am
104 Views
Post# 29414203

RE:RE:RE:Embarrassing ...

RE:RE:RE:Embarrassing ...What was dykes motivation in 2013. McClay was already setting up Mexico, and basically walking away from Cumo. Dykes with inside information takes over the board. Sells off everything of value, delutes the stock value, offers silver streaming and private placement based on the resource that dykes provided calculations for the Cumo valuation. 6 years later the TVX challenges Cumo on the valuation, halts the stock. Cumo is left without the ability to raise money. The reputation of the Company is in shambles, calida only added additional confusion. Who benefited the most from the money raised and spent, not the company, not the stock value.  
Bullboard Posts