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

Bullboard Posts

Post by 24~Karaton Feb 09, 2007 1:20pm

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Post# 12198878

Long Life Reserves

Commentator Don Coxe is well known for his insistence that investments provide “long-life reserves in a politically stable environment.” If that is the criteria, then there are few investments that can hold a candle to Mercator Minerals. To further underscore the meaning of those word, take a moment to review today’s announced intent by Zambia to significantly hike taxes on mineral producers. Increased income taxes plus a 3% ORR that would be forced upon producers in Zambia is tantamount to having them fork over a sizeable carried working interest. Ouch! Naturally, aggressive tax hikes such as this, and the even more egregious tax that has taken hold in Bolivia, serves to further enhance the value of companies like Mercator. https://futures.fxstreet.com/Futures/news/afx/singleNew.asp?menu=economicnews&pv_noticia=1171033347-68aa0f08-29125

Bullboard Posts

Southern Ontario mineral processing operation receives green fund support