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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
Post by babymineson Jan 23, 2019 4:28pm
71 Views
Post# 29272664

Perfect Storm

Perfect StormTVX allows only enough debentures to pay for Engineering study. How can they settle the suit with IEMR, nothing to negotiate with no money and the stock can't be traded. TXV is driving the bus and my quess is that they are going to force the delisting of the stock once the new PEA  is released showing a much lower resource calculation, not to mention a low stock value The courts takes over finds a private buyer. Management is out, IEMR case closed, interest payments and warrants are gone. Resource will be sold into private hands, once in private hands then a new company can be formed. The new company will have the original claims, the new PEA and the permits.
Bullboard Posts