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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 10, 2014 12:56pm
166 Views
Post# 22733339

No Money No Plan

No Money No PlanI still have not had any answers to specific questions regarding Lien on assets for loan (other than NR that was vague at best) the banter on here is usless unless there is a plan.

Vote or no Vote., imcumbant mgt/directors need to be parked unfortunatley.

Put asset up for JV with carried interest by a major willing to strap it on. Cannot see markert ever rewarding the shareprice to acceptable levels to fund. Unfortunately. Giving this company a $100K pp at .05 is just going pay local broker and lawyers that keep having to deal with voting/BS law suits. The financials are a mess unlike ever seen when reviewing mining related costs.

With carried interest incumbant shareholders can then breathe a sigh of relief project will be managaed properly...never seen a company with more news releases on annual basis related to dissident/Bullsh!7 vs actuall mining related advancements or use of funds to enhance this project to become even relevent to the investing public. 

The banter on the site is highly entertaining and at the same time just plain sad. 

$5M market cap and "No Money. No Plan"


Bullboard Posts