Mercator Minerals Ltd MLKKF

Metals & Mining Industrial Metals & Minerals

Mercator Minerals, Ltd. is a mineral resource company engaged in the mining, exploration, development and operation of its mineral properties in Arizona, United States and Sonora, Mexico. The Company’s principal assets are the 100% owned Mineral Park Mine, a producing copper-moly mine located near Kingman, Arizona and the El Pilar Project located in Sonora Mexico. The primary focus of the Company is the expansion of copper production and molybdenum concentrate production at the Mineral Park Mine, and the development of the El Pilar Project. Its other projects include The El Creston molybdenum property, which is 175 kilometers south of the United States Border and 145 kilometers northeast of the city of Hermosillo; Molybrook, which is located on the south coast of Newfoundland, and Ajax, which is located 13 kilometers north of Alice Arm, British Columbia.

GREY:MLKKF - Post by User

Mercator Minerals Ltd

Bullboard Posts

Comment by bjorn3d2bon Oct 03, 2008 2:53pm

310 Views

Post# 15503392

RE: Comparative Analysis

Thanks for the compliment

Those notes are subject to a call provision anytime within three years of the closing, so up until Feb 2010. There is a penalty but not terrible the note holders would be paid $50 dollars over par which is $1000 plus of course all accrued interest.($1050 plus interest) So ML can remove the debt if, based on their analysis ,it makes financial sense to do so.

Bullboard Posts

Why Roth Capital Partners gives GameSquare a 'buy' rating