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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
Post by jims101on Oct 01, 2008 11:17am
438 Views
Post# 15496778

Environment for takeover cools..see Xstrada

Environment for takeover cools..see Xstrada

Xstrada has given up on its take over of Lonmin citing credit conditions...
https://www.hoovers.com/free/co/news/detail.xhtml?ID=104905&ArticleID=200810010704AP______NEWS_____d976000c307b6f80_AP&source_type%5B%5D=

to say nothing about declining commodity prices...

As for an update on ML's mill and production progress....You know I don't really care ... Maybe they come out and say they are a month behind and the stock tanks to $2....What's a month in this environment. I can reload what I've sold at higher prices...I hope management shorted some copper when I told them to...

Did you see FCX - down 8% today into the low $50s....I'd be interested at $40.

Bullboard Posts