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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 Mar 08, 2022 5:38pm
233 Views
Post# 34497337

Tripped and Stumbled

Tripped and StumbledNew mangement and Cumo were the only investors to be found. Does the new management see something the market does not, or  Millinium 2.0? at least Millinium brought the stock price up. Cumo will not get any financing in a raising interest rate market. The new management was brought in to clean up the image, maybe clean up the books? Due diligents so it can be sold for something above .10. How else can management get paid. 
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