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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 realitycheck111on Jan 27, 2018 1:51pm
117 Views
Post# 27447288

RE:RE:RE:RE:RE:RE:RE:RE:Wonder Why?

RE:RE:RE:RE:RE:RE:RE:RE:Wonder Why?Appreciate your reversal explaination. It was not an attempt to discredit you as you attempted to discredit me when I expressed my management views over 2-years ago. 

Assuming the completion of the 30 additional core holes provide sufficient data for accurate mine modeling, as well as completion of preliminary feasibility study (PFS) metallurgy and engineering (requires more expenditure), a PFS should be completed in 2018. Understand there are a lot of “ifs” there. With the exception of insufficient funding (justified or not) a PFS can be completed in 2018. AC should idenify a PFS completion date (quarter) with or without caveat. 

I have never been impressed with management and have clearly so stated. Additionally, never fully understood the deals they made or becoming involved with Calida type properties. 
Bullboard Posts