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.

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Mercator Minerals Ltd

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Comment by Kurd30on May 25, 2013 5:00pm

88 Views

Post# 21441422

RE: RE: RE: RE: RE: RE: RE: .215

It is a combination of things that went wrong. Weak company in a weak resource environment. This is a correction that will eliminate the weak players that shouldnt have been in the game in the first place. The likes of ML will not survive much longer. Anyone that has followed the market will also notice that many resource companies which traded at $150+ two years ago now trade at $5-20.......

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