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Mercator Minerals Ltd MLKKF

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

Bullboard Posts
Post by TheMonsteron Nov 20, 2010 11:25am
355 Views
Post# 17734136

Why the Hype???

Why the Hype???Ok I must say, I've held this stock before and I wanted to believe all the positive remarks to the future potential of this company, but why is that??   I find there is wayyy to much hype for this company mainly due to the fact how they treat us, the share holders.  I've bought this stock a few times and its the only stock which I can say was a mistake.   People refer to prior recession prices of $13 etc.  But when you look at other similar companies such as Anvil Mining, it will become clear to you they had a $20 share price before the recession, have a great management, and also have the future kinsevere project ready to gain steam in 2011 Q2.    If I were to compare this company, or I has in the past mentioned Capstone Mining, I'm just wondering why Ml was placed before these companies with its history?  Was it due to Moly production along with copper?

Either way,  I just see alot of loyalty with the ML share holders, but its sad considering how we've all been treated by their management.
Bullboard Posts