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Bullboard - Stock Discussion Forum 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... see more

TSXV:MLY - Post Discussion

Multi-Metal Development Ltd > The write off
View:
Post by babymines on Jul 27, 2021 7:14pm

The write off

Expensed 4 million for the failed Calida and Golden Age. But and increase of 200K for consulting fees year over year once new money came in. Is no one looking at what management is doing. 4 million could have advanced drilling at the idaho property. But no we buy a mine in Austria and no money to bring it to production. What a gift to the Golden Age owners. Cumo spent 1.9 mil and defaulted. Same with Calida. Oh but wait that is just junior mining unless you are racking in salary and consulting fees.
Comment by GrandeRojo on Jul 28, 2021 6:12pm
Shaun Dykes may be the most incompetent CEO on the CSE, and there are some really terrible ones out there.  He has completely cratered Shareholder value of this stock and all he does is finger point and blame other people.  Can't beleive what a disater he is.  He needs to be replaced. We need a professional.  STEP DOWN NOW!
Comment by raber on Jul 29, 2021 3:07pm
dont expect the stock to go up if you make comments like that !  :) lol
Comment by GrandeRojo on Jul 29, 2021 6:48pm
Luckily for him incompetence isn't illegal, but sadly we are stuck with him and what he has done to our S/P. And no, on one of any importance or consequence reads these effen bullboards  So he can stop point fingers at posts like this too. How long have we been sub $.25 for now? Always someone else's fault.  The Exchange.  The Regulators, etc.  Real leaders take ...more  
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