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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 halcrowon Nov 12, 2014 8:13pm
189 Views
Post# 23122673

RE:Insider buying

RE:Insider buying
crowmaster22 wrote: Looks like DYKES spouse is still buying.  Is that why the stock isnt moving up at all.

Price not moving as DYKES buys up more and more shares in the company.  Looks like another 80,000 this week alone.

My question is why is the family buying????



You're complaining because an insider is buying and reporting the buys?

Ex-insider, Kyle McClay, back in July, 2012, was directed by the BCSC to report his insider sales. He then late-reported the sale of 582,000 shares between 2008-05-07 and the BCSC-ordered reporting date, grossing hundreds of thousands of dollars on these sales.

Director Dykes has always reported his buys/sells within the Sedi guidelines (and don't forget that ex-director Brian McClay was suspended by the BCSC for not reporting the selling of a huge amount of BGM shares).

Bullboard Posts