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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

Comment by Journalist1on Jul 09, 2021 1:46pm
163 Views
Post# 33521927

RE:read the financials from march 2021

RE:read the financials from march 2021This may be right or wrong. I dont know. But the simple fact of the matter is that advanced assets like Cumo's are really scarce in the market. That is a fact and you can ask any NorthAmerican investment banker about the lack off assets in the market due to the decade long  zero interest fed policy.

CuMo is, for a change not in a shithole jurisdicition but in mining friendly Idado, and it is well advanced. In addition it is among the world's largest deposits

Hate or love Dykes, I dont care what beef you have with Dykes, like CuMo or not, the simple fact that this kind of assets always are picked up by majors. This is just how the market works. 
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