Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mar 05, 2019 4:38pm
97 Views
Post# 29446076

No News

No Newsmanagement must be forced by the exchange. management knew the Exchange requested a certified PEA in May but waited 6 months before management acted on the request. The reason they were looking for a engineering firm the would satisfied the exchange certification demand (ie not Dykes). management then tells the exchange that the exchange will  have to authorize a private placement (where did the money go) to pay the engineering firms report and certification. 5 to 6 weeks (3 months ago) was the time frame to issue  the report.  You have to ask the question why the certs have not been provided. Engineering firm not paid? Was the data that they were provided corrupt? The engineering firm does not want to be held liable as they have deeper pockets than Cumo and don't want to be sued. I sure they want a big disclaimer. The other issue might be that courts (IEMR) prevented the PP funds from being transfered
Bullboard Posts