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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
Comment by 24~Karaton Nov 01, 2007 3:35pm
258 Views
Post# 13735339

RE: Market Down/Copper Down/Moly Steady

RE: Market Down/Copper Down/Moly Steadyhttps://stockcharts.com/h-sc/ui?s=ml.to&p=D&yr=1&mn=3&dy=0&id=p44526483175&a=69177202&listNum=1 This chart will further substantiate your observation that ML is being met with continued demand, even in the face of general market adversity. It is a chart that had previously been supplied by our old friend, jims101. It is good to see ML bounce back from the sub-par performance to its peer group that occured after its offer was publically announced. If one were to ascribe a reason as to why that is occuring now, it is perhaps a more widespread recognition that ML can actually handle the massive capex expenses that would be required with an acquisition of this sort, without having to tap into the capital markets, an that puts ML amongst a select few that could do the same. From a longer-term perspective, one aspect to this chart that is particularily revealing is that, even during the depth of the sub-prime driven August market collapse, the Accumulation/Distribution and the Money Flow indicators remained rock-solid. Hey, jims101, I'm sure we all would like to see you back once in a while. Just because someone here thought that an ad hominem attack was the best way to vent his emotions, I wouldn't let that bother me. As long as an opinion is substantive, and supported with objective criteria, it is well worth its presentation! (P.S. Contrary to my suspicion that it appeared that Stockhouse was maybe intentionally slowing down its old site, I think that was only a temporary glich. A small point, but when I am wrong, I not wish to withhold the recongnitoin of that.)
Bullboard Posts