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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

Post by babymineson Jul 29, 2021 9:15pm
216 Views
Post# 33630290

Read the News Releases

Read the News ReleasesRead the NR for the last 10 years. New project, best in class opportunity. New money comes in and then the same. Nothing ever happends. I believe why no large caps companies even look at the this project is because  they can not trust the data. They would have to redrill the resource to verify the data. The cost would be expotentional to the sale price. 3 times the resource has been recalculated all downward. Ask yourself why Cumo has not drilled the idaho property. Cumo has a new engineering firm recalculate the old data, not new data. Chain of custody might be an issue? But what can't be disputed is that everytime new money comes in, expenses go through the roof. Consulting fees on old data that has already been paid for. Look at thd data if you think I am wrong, the only difference a new project was announced.
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