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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 raberon May 29, 2018 2:28pm
76 Views
Post# 28094941

RE:AGM

RE:AGM
agreed!!!  ( yet the blind will say sell your shares and get out)


My plan was to attend the AGM, unfortunately I can't do it.

I do hope, however, that there are some people there who ask very pointed questions about our plans going forward.  Such questions along the lines of:
  • Where are the Calida results.  Current reasoning is not holding water any longer.
  • What is status of huge Milenia deal that was announced?  If it is dead, will we do a better job of vetting potential suitors in the future? (IMO this made us look like complete amatuers)
  • What is current status of lawsuit with IEMR?  Was this really a necessarty move?  There is no way that an O/S lawsuit isn't going to give pause to potential partners.
  • Why is share price still so low?  Why is there still no volume?
  • I know no one will ask this, but I'd be curious to get someone to get Mr. Dykes to tell us why he is the best candidate for the job.  He is your employee.  This isn't his company.  The main objective for any CEO is to create value for shareholders.  Up to this point he has done an awful job.  Share price is in the tank.  We have been terribly diluted. Even though we have hit some milestones, he has dug us into a very deep hole that will be very, very hard to get out of.

I know that there are certain people that will blindly support him no matter what his performance is.  I for one can't understand that as I bought into this 10+ years ago to make money, not friends.  We booted out McClay because he wasn't getting the job done.  How is this any different?  Lot's of people out there who would love to move this amazing project forward and could do a much better job, IMO.  I just hope that there are enough people out there that can look at this objectively and not blindly support someone who continues to dismiss shareholders concerns/criticisms. One thing I have noticed from his e-mails is that he is never wrong, it's always someone else's fault, or they just aren't smart enough to understand the scope of the situation.  You can't always blame other people forever, it will always catch up to you. 

He is not providing proper stewardship of this company on behalf of its shareholders.  That much is very clear.

5+ years with Mr. Dykes at the wheel.  Time has to be running out, no?

Hope its a productive meeting.

GLTA (at this point, it seems like luck is all we have...)
Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.mly&postid=28094424#iy1flLFdevVYmsLO.99
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