Bullboard - Stock Discussion Forum Multi-Metal Development Ltd V.MLY

Alternate Symbol(s): MLYCF

Metals & Mining Industrial Metals & Minerals

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... see more

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Multi-Metal Development Ltd > trading question

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Post by babymines on Oct 21, 2020 8:20pm

trading question

My question is you say everything will be fine when the stock starts trading? the company does not make money trading their own stock they can't, so how is everything going to be back to business as usual when the stock starts trading. Is cumo to just issue another 100 million shares to raise money?

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Comment by silverbaronalbe on Oct 21, 2020 10:35pm

When Cumo starts trading the financials are current and filed and the company is completely vetted and I repeat completely. The shares will be trading in a bear market for metal prices and mining stocks. With copper,moly,silver and tungston prices where they are many companies will be back for another look and hopefully a deal. With the sector as it is -who knows what will happen. Hopefully we can ...more

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