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

Comment by 24~Karaton Feb 21, 2007 9:43am

90 Views

Post# 12277392

RE: Short Posi 974,100 (+969,200)

wcom, Good news. What that really means, is that the selling pressure of nearly a million shares has already been absorbed by the market, and that now, somebody will have to buy back those million shares. The number of shares you cite is equal to 7 1/2 times the normal daily volume for ML. A favorable resolution of the Mission Mill will send the shorts scrambling to cover. Could get really interesting!

Bullboard Posts

Southern Ontario mineral processing operation receives green fund support