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Multi-Metal Development Ltd V.MLY

Alternate Symbol(s):  MLYCF

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.


TSXV:MLY - Post by User

Bullboard Posts
Comment by presto10on Nov 13, 2008 10:22am
176 Views
Post# 15583295

RE: RE: RE: $2.03 NAV Nov. 7 08

RE: RE: RE: $2.03 NAV Nov. 7 08Cali,

You mentioned that Sprott should admit their failures and give the money back to shareholders.  To do what so they can really BLOW THEIR BRAINS OUT?  For as much as mly has fallen look at some of the others out there.   We're unhappily saving on fees as the price falls but it is still trading at a big discount to NAV and that's more than you can say about most jrs.

As disapointing as MLY may be, I'm more frustrated by the lack of interest in this one:  It reports in A$ but it is still trading at less than C$ equivalent, has an 8 year dividend record, and more value you can shake a stick at.  People are stoopid, I am w/ my performance but w/ TRY at least I've got one way to get out of the hole.

https://www.globeinvestor.com/servlet/story/CCNM.20081112.497005_1/GIStory/
Bullboard Posts