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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Post by presto10on Sep 13, 2008 12:05pm

497 Views

Post# 15454188

Now up to Sprott

The ball is in Sprott's court to do share buybacks. Memory serves it is 10% per annum, keep that up and you and I win. SII gets its fees based on the NAV value and if it is distributed upon a smaller no. of shareholders so be it. It is still the energy metal, it is still the infrastructure metal. One way or the other be it Alaska or Mackenzie or both they'll get done.

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