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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 ailyn63on Aug 31, 2021 10:55am
338 Views
Post# 33787631

Biggest Mistake Buying This Stock

Biggest Mistake Buying This Stocki bought this stock at 37 cents in early 2017, when the ceo had made the same promises of advancing cumo. i guess i am not the only one that got suckered into the big promises of advancing the mine, and then selling it. even if they did sell the mine, i am a little confused why it would be such a big deal. normally mines sell for a 30% premium to sp, so this stock will maybe see 6.5 cents, do i have this correct? this hurts me really bad. to think my hubby and i bought this stock almost 5 years ago, and to see every penny we had just dissapear. i thought after the cease order that things would be different, but it is the same old story. i feel sad for getting suckered into this scam like so many of you on here. GLTA
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