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

Post by leakeybillon Dec 03, 2008 2:59pm

759 Views

Post# 15625669

Profitable

It is my understanding that ML still has its original copper production on the go and I believe that it has been making money all along, and paying management salaries.

I originally bought ml at .60 cents and sold it for a lot more a long time ago, not I get to do it again, however this time I bought it a .40 cents. Who would thing that you would get a second swing at the cat.

I was under the impression that when ever they encountered a high grade moly vein in the past they stock piled that ore, is there any talk of some early high grade production to kick things off.

Bullboard Posts

DRI Healthcare stock drops 28% after executive changes