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 jims101on Apr 07, 2008 10:47am

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Post# 14944870

RE: ML's short postion?

SHER, I hope you are right that some brokers are selling at $11 and then buying back lower to advantage their clients...I never quite go for that conspiracy thing...as the total selling pressure has to be greater than the buying interest for them to accumulate shares and if such were the case the price would rise over $11 by virtue of the brokers buying and that of others...

Oh well see what happens...won't read too much into this underperformance by ML at this point...

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