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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 KaisarSoseon Aug 01, 2014 4:31pm
153 Views
Post# 22804153

RE:RE:RE:RE:RE:please luke

RE:RE:RE:RE:RE:please lukeI have not gotten to ask directly but if anyone knows the treasury today. ( I am guessing under $100,000)

This has a few months at best....will be insolvent and unable to pay its debts, salaries etc.

The new management have taken on a huge task and I give credit there. The unfortunate facts are the funders that have looked. ( which will be the typical bandits) have either been pushed away too long to come back and or can pull of the JV I suggest.

This will be a tough go and may be a good pick up of stock at these levels if they can get a few tire kickers to the alter. 

Is there even a banker behind this deal? Can they not just go a guy like Rick Rule and have uncle Eric take them around? 


Bullboard Posts