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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 EggietheCaton Oct 06, 2023 5:14pm
566 Views
Post# 35674003

Bag Holder

Bag HolderI am now left hoding the bag full of broken promises and evaporated money. Can't believe the level of moronic mismanagement Dykes and crew has inflicted on this company and project. The reality of not completing any drilling on Cumo since the take over and flawed studies cannot possibly lead to a revised PEA acceptable to BCSC. They obviously think they are deal with troubling data. Is there not a transparent explanation that can be presented to the shareholders of what the solution to this impasse with the regulators. Also troubling is the $13 million in debt with no apparent solution in sight. Where did all this money go?
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