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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 Roscoe2629on Mar 27, 2017 7:38pm
137 Views
Post# 26037912

RE:RE:RE:ATTENTION ALL SHAREHOLDERS!!

RE:RE:RE:ATTENTION ALL SHAREHOLDERS!!Hermes:

The company is run by the Directors and shareholders, not by SD. It doesn't matter whether SD wants to take the project to production or not. If he doesn't want to move it forward there are plenty of other people who would like the job. The stock is now very thinly held. My guess is that a voting majority is held by less than 10 shareholders. I don't think any of them are in this for a $.50 move.  Also, after the 43-101 is complete and the company has a little money in the bank they will be eligible to move off the VSE and onto the TSX.   

In the meantime, please go ahead and keep amusing us with your posts.  
Bullboard Posts