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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
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Comment by schoron Apr 23, 2009 9:14pm
411 Views
Post# 15940871

RE: RE: Q1 and copper price

RE: RE: Q1 and copper priceEIJ, good post.

I am a stock guy and not so much a mining operations person. I look at how stocks behave and try my best to understand as much about mining as possible. I think the sp will rise as the current expectations seem to be low for q1. My read on what the analysts are putting in their reports.

You bring to the table some good hard facts, and I applaud you for it. If we are turely looking at -.09 then that is .02 more than the current mean consensus estimate of -.07. This can and will be a deterrent, and if your right about "I expect that Q1 copper production will be close to double the copper production in the highest quarter of 2009" then we're in for trouble. Am I reading you correctly? Are you saying that q1 will be the best quarter in 2009 by 2x? I cannot understand how that is possible.

Schor
Bullboard Posts
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