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 brendellyon May 07, 2009 12:30pm

374 Views

Post# 15974866

RE: looks a little shaky

Casmachine, Q1 will not be spectacular and people know that already. Sales will be at a loss, there will be additional opex for general labor/parts/equipment that will be expensed as the operation was commissioned and ramped up.

Q1 is more of an update and guidance projection. For me I'm looking for

1) Projected costs going forward
2) Moly circuit optimized
3) Production Guidance Copper and Moly 2009

4) Phase 2 Captial and Timeline

If they check all those off and everything is on track that is good news and opens up the doors to new long term investors. Nobody is looking for off the charts cashflow, its not going to happen, yet anyways.

Bullboard Posts

Increasing summer travel could see these airline stocks soar