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 24~Karaton Aug 01, 2008 10:37am

218 Views

Post# 15351424

RE: The Metal that has no Equals

“Although current molybdenum production meets demand, refiners, or roasters, are expected to run into a shortfall between 2009 and 2015, depending on demand.”

This is significant, as it implies that high molybdenum prices will persist throughout the next seven years. This, of course, would permit Mercator to literally print money!

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