Multi-Metal Development Ltd V.MLY

Alternate Symbol(s): MLYCF

Metals & Mining Industrial Metals & Minerals

Multi-Metal Development Ltd is a Canadian mineral exploration and development company with mineral rights interests in the United States of America and Austria. The Company operates in two geographical areas, being Canada and the United States. The Company’s flagship project is the CuMo molybdenum project (the CuMo Project), located in Idaho, in the United States. The CuMo Project has two distinct layers of diversification: the upper half contains higher grades of silver and copper compared to molybdenum and the lower half is rich in molybdenum, with lower grades of silver and copper. The CuMo deposit is located at the south-western end of the Idaho-Montana Porphyry Belt within the Atlanta Lobe of the Idaho Batholith. Its Bleiberg Zinc-Germanium-Lead-Fluorite-Cadmium Mine Complex consists of 116 exploration licenses totaling 6,582.4 hectares, located approximately 130 kilometers south of the city of Salzburg, Austria.

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Multi-Metal Development Ltd

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Comment by presto10on Nov 10, 2007 10:19am

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Post# 13787913

RE: TCM on NYSE Nov. 29th?

China Moly trades at a much higher multiple than would ever interest MLY. Sprott?? Peter Hodson once said that China Moly could buy TCM and have the acquisition be accretive. I listened to the TCM CC and they said the 3rd qtr results were due to some very unique circumstances - these poor results (lbs produced) will not be repeated in the next quarter nor any time looking into the future.

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