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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

Comment by babymineson Aug 31, 2021 11:42am
283 Views
Post# 33787903

RE:RE:Biggest Mistake Buying This Stock

RE:RE:Biggest Mistake Buying This StockDykes is not buying the shares for a expected return, he is buying the shares to vote them , so he can't be replaced. Dykes raises money from Cumo, funnels it into the consulting and salary. Breilberg is a poison pill for potenial buyers of the Cumo resource. News releases always say the same thing but nothing never happends. If Dykes was ever voted out he will sell every share because he knows the game is up and he needs to take every dime out. He took over Cumo knowing this was the expected outcome. Glad to see more investors are waking up.   
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