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 DaycareKid007on Mar 01, 2007 2:28am

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Post# 12332265

RE: Asarco offer $9m settlement?

Screw Asarco. Funny how a court can decide whether or not Mercator has to sell the mill back to them. I think they fear of a ruling against them so they are trying to make the courts think that they are being reasonable. The court should just rule against Asarco and let Mercator decide. It is the only fair thing to do. But I am pretty sure that they will decide to keep the mill as it is worth far more than 9 mil based on how much it will increase production capacity. Record profits in record time.

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Southern Ontario mineral processing operation receives green fund support