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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 14, 2008 11:54pm
314 Views
Post# 15588231

RE: Dumped my shares

RE: Dumped my sharesI think that some of those jrs are writeoffs, but I can also foresee the possibility of Sprott Inc or a Sprott hedge fund taking out the best for little more than pocket change.  They could do this for the opportunity as well as protect their investment within Sprott Moly and leverage huge gains going forward from the bottom.  If Eric stays true to his belief in molybdenum as I think he will, and Inca Pacific, which is Cali's favorite whipping boy.  

To sell MLY and buy or keep Khan, Mongolian uranium  - uh, I'll stick w/ MLY thanks.
Bullboard Posts