Multi-Metal Development Ltd V.MLY

Metals

[babymines]

One would hope that when the metal prices increase so would the value of mining stocks?  The is one glaring problem, Cumo is not in a position to capitalize on the price. Cumo is not a producing mine and it willl never be a producing mine while owned by Cumo.  It might be sold to a real mining company that can produce something. When mining companies look at purchasing a multi-billion dollar resource,  they look at the data, then they look at how the data was produced, then they look at the quailfied person. Is the data correct, well it has been revised several times down, are the decisions that were made by the management sound? You can put up new quailified directors, but the underlying science may still be junk.

[silverbaronalbe]

Right Cumo not a producing mine - however the metals prices show the value of the resource. The data and science are not junk because all were checked and vetted before the company by the Vancouver Exchange before the company could be relisted - everything was vetted including financials and complaints sbout fraud etc.

[RealityCheck123]

No proven/probable mineral reserve per a Feasibility Study has been produced.  A PEA establishee no accurate economic minable resource and total metals recovery.  There are reasons why no silver/moly mining company is interested.  Would guess a mining method which considers dilution, ore sorting, recovery and capex/all-in-cost is unattractive.   Where is a Preliminary or

[babymines]

Any company would have to redrill the resource to see if the ST43-101 is in fact correct and that the results were not manipulated. Funny how Pine Tree which was being drilled at the same time was suddenly sold for nothing by McClay. Were the cores co mingled in increase the assay results? The recalculation was forced. What information did the Exchange have to force Cumo to recalculate the

[tennispro]

Nothing happening with the company. No reason to speculate 

[stallion12]

you don't need to be a producing mine to make money good drill results and expectations of prefeasability can drive price up to 25 dollars a share before  being a producing mine norther dynasty went from 30 cents to 12 dollars in six months on the way to over 20 dollars a share never did become a producer