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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
Post by KaisarSoseon Jul 04, 2014 7:17pm
221 Views
Post# 22717578

Terms of Loan

Terms of LoanCan someone pls find the news release with the terms and conditions related to loan? Does Fu have merit or not. Should be pretty simple to figure out if copy of document available...could not see a news release on it. 

Secondly, the current market cap of this company makes it very difficult to raise money. I am looking at a number of failed attempts over past years. 

Maybe it does make sense to simply sell this asset to a quality Mgt that has finances in order to take accross the line. 


Bullboard Posts