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.

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Multi-Metal Development Ltd

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Comment by Redlineron Sep 18, 2018 1:24pm

77 Views

Post# 28640266

RE:RE:Another new Promo Report out

Kareg Research Initiates Coverage
on American CuMo Mining

But this time its not cumo assuring the share price... everyone get out thier Cheques and bail out cumo again...

Target Price: US$1 per share

Sheldon Traube of Kareg Research, New York has initiated coverage on American CuMo Mining (CuMoCo) with a Speculative Buy Recommendation and a target price of US$1.00 per share within the next 18 months.

The 32-page report provides a comprehensive review of CuMoCo, focusing on the Company’s flagship CuMo Project, considered to be the largest un-mined open-pit molybdenum deposit in the world, the largest silver, tungsten, and rhenium deposit in the U.S., one of the five largest copper deposits in the U.S., and among the top 25 silver deposits in the world.

The report highlights the Company’s utilization of modern mining technologies, including ore-sorting and other optimization techniques to substantially lower the CuMo Project’s operating costs and CAPEX.

An extensive overview of Molybdenum is also provided, including the favorable supply/demand outlook and the case for integration of the metal in the newest electronic batteries and other high-tech applications.

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