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 BrutalTruth2on May 20, 2010 8:51am

381 Views

Post# 17116965

RE: RE: RE: RE: What are the cash costs on the new

Yes, and that's what's happening now. Its incredible how fast people's mentality can change.

And if you think I'm a basher, I very freely admit that I will be trying to buy ML in the $1.20's, or sub-$1, or wherever I feel the bottom develops on that chart. By 2012 this company will be doing just fine, maybe even in the $10 range. However its May 2010 and in June 2010 it looks like sub-$1 is possible. And if that happens I want to be ready like a vulture.

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