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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 silverbaronalbeon Nov 10, 2015 1:58pm
115 Views
Post# 24277992

The real story - McClay management had to be replaced (I

The real story - McClay management had to be replaced (I knew Brian personally and voted to replace him), then the new management had to shed Yu - these
two events cause the share price to drop. Unfortunately once the mess has cleared we are trying to
make a deal in the worst mining downturn you can imagine. The good news is the management is moving Cumo forward and promoting the Cumo Advantage to potential investors. The positive spin
here is investors look 5 years plus for projects like Cumo no matter on our present market conditions.
Bullboard Posts