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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

Post by babymineson Dec 05, 2020 9:21am
210 Views
Post# 32043555

Cumo can make new shinkers

Cumo can make new shinkersA historical lead mine with element to make solar panels? A new phishing expedition and futher dilution of share price. I am sure that resurecting a mine in Europe won't cost much money. Shear speculation, this is the same logic that Calida was purchased for. Short term gains to infuse cash in to the goal of completing Cumo. Subject to the exchanges approval? Creative financing for sure but it will go nowhere just a company funded Europeon vaction in Austria. 
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