Mercator Minerals Ltd MLKKF

RE: RE: RE: RE: RE: RE: RE: RE: Companies With Low

[schor]

Very good molark, you found that you can't always believe what you read. Many websites (td for one) is not quite up to snuff and you need to do your own calculations. Right now these ratio's need to be considered along with the phase of construction which ML have been thru in the last few years. The up comming financials will tells us the real story going forward.

The estimations provided by people on this board, like Swas Kids, are the basis for our expectation of stocks potential and I think we're all calling for a price substantially higher than the big boys. There are a bunch of if's but if the price of copper goes to $2.5 and if the price of moly goes up to $15 and if pahes 2 comes on line and if they can produce 60-70k tpd, we're looking at a retirement plan if your in big enough and sell at the right time.

I hope (but doubt right now) that the sp does retrace to .85 so I can get in for more. I find myself writing these posts and thinking I'm such a pumper, but reality is, I don't see how we can lose with ML and multiples are still in store. If we're up big again tomorrow, you probably want to think about taking some profits. This is totally driven on the proce of copper and moly now that as copper goes, so goes ML. The LME is closed tomorrow and that can drive the spot price up large with a big correction on tuesday when LME opens. Watch the macd lines (3month frame at 15min intervals) and if they cross, you want to think about lightening the load to buy again cheaper.

I do not know how to paste a chart, sorry. I tried.

GLTA

Schor