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Multi-Metal Development Ltd V.MLY

Alternate Symbol(s):  MLYCF

Metals & Mining Industrial Metals & Minerals
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

Multi-Metal Development Ltd
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Comment by Roscoe2629on Dec 23, 2016 12:37pm
210 Views
Post# 25640479

RE:RE:Still buying ...

RE:RE:Still buying ...You might be low on your estimate.  The Chinese are buying in at $3.00/share and by the end of 2017 they will have approximately $70mm invested.  The more $ they have into the deal the more they have at risk and the lower the odds they walk away.  Would you walk away from a $70mm investment?  Also, if Trump does even 20% of what he is proposing, the US economy will come out of its coma and MO prices will run hard.  Merry Christmas.  
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