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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 Mar 18, 2022 8:03am
298 Views
Post# 34524511

Rotation to new Ownership

Rotation to new OwnershipDykes is selling the company. The placements to non arms linked investors. (Ie new board members). Dykes has found his new buyers and the sale price is .10 per share. The new board will continue dilute the shares until their cost is par with the market. New name new listing and a new share structure. Wonder how they are getting paid well now you know. Take over coming.
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